Determinants Of Choosing Sources Of Financing For Municipal Projects

The paper discusses various alternatives for financing socially significant projects of municipalities. Having in mind the opportunities and limitations of municipal budgets and the example of the municipality of Burgas, the paper analyzes positive and negative sides of financing with own resources,...

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Main Author: Dancho Petrov
Format: Article
Language:English
Published: Polytecnic in Pozega 2015-06-01
Series:Vallis Aurea
Subjects:
Online Access:https://hrcak.srce.hr/file/227072
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spelling doaj-89e66f26a6174cf39923af80ffc747832021-03-12T12:41:27ZengPolytecnic in PozegaVallis Aurea2412-52101849-84852015-06-0111566310.2507/IJVA.1.1.5.5Determinants Of Choosing Sources Of Financing For Municipal ProjectsDancho Petrov0 Varna University of Economics, Finance Department, BulgariaThe paper discusses various alternatives for financing socially significant projects of municipalities. Having in mind the opportunities and limitations of municipal budgets and the example of the municipality of Burgas, the paper analyzes positive and negative sides of financing with own resources, bank loans, bond issues, pooling and revolving schemes. The focus of the research are the factors that influence the choice of a financing alternative –costs of funding, level of financial infrastructure, regulative conditions, debt risk, level of decentralization and opportunities for generating revenues. By use of selected diagnostic indicators there are outlined the challenges to successful realization of socially significant municipal projects.https://hrcak.srce.hr/file/227072municipal budgetown resourcessocially significant projectsfinancial markebond issue
collection DOAJ
language English
format Article
sources DOAJ
author Dancho Petrov
spellingShingle Dancho Petrov
Determinants Of Choosing Sources Of Financing For Municipal Projects
Vallis Aurea
municipal budget
own resources
socially significant projects
financial marke
bond issue
author_facet Dancho Petrov
author_sort Dancho Petrov
title Determinants Of Choosing Sources Of Financing For Municipal Projects
title_short Determinants Of Choosing Sources Of Financing For Municipal Projects
title_full Determinants Of Choosing Sources Of Financing For Municipal Projects
title_fullStr Determinants Of Choosing Sources Of Financing For Municipal Projects
title_full_unstemmed Determinants Of Choosing Sources Of Financing For Municipal Projects
title_sort determinants of choosing sources of financing for municipal projects
publisher Polytecnic in Pozega
series Vallis Aurea
issn 2412-5210
1849-8485
publishDate 2015-06-01
description The paper discusses various alternatives for financing socially significant projects of municipalities. Having in mind the opportunities and limitations of municipal budgets and the example of the municipality of Burgas, the paper analyzes positive and negative sides of financing with own resources, bank loans, bond issues, pooling and revolving schemes. The focus of the research are the factors that influence the choice of a financing alternative –costs of funding, level of financial infrastructure, regulative conditions, debt risk, level of decentralization and opportunities for generating revenues. By use of selected diagnostic indicators there are outlined the challenges to successful realization of socially significant municipal projects.
topic municipal budget
own resources
socially significant projects
financial marke
bond issue
url https://hrcak.srce.hr/file/227072
work_keys_str_mv AT danchopetrov determinantsofchoosingsourcesoffinancingformunicipalprojects
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