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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Polytecnic in Pozega
2015-06-01
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Online Access: | https://hrcak.srce.hr/file/227072 |
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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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1724222951375503360 |