England is the mother land on local autonomy. However, there are many changes in local autonomy with the socio-economic evolution.
I'd like to analysis the funding and spending of local finance on the bases of financial autonomy. Because the financia...
England is the mother land on local autonomy. However, there are many changes in local autonomy with the socio-economic evolution.
I'd like to analysis the funding and spending of local finance on the bases of financial autonomy. Because the financial autonomy is one of the most important factors for local autonomy. With this analysis, I has found these things. : (1) government decides grants in advance(3 months before new budget year), (2) local authoriteis run revenue budget and capital budget separately, (3) local authorities are too dependent on the government grants for general and specific works, (4) local authorities have a single local tax system, (5) local authorities get the right to decide the amount of council tax, (6) government introduces the long-run budget system to local authorities, (7) audit commission and inner auditor.
Especially, Korean government and local authorities would be able to get some lessons on (1), (3), (4) and (6) among them.