Interan Assessment of Fiscal Health of the Small and Medium Towns of West Bengal

Authors

  • Mahalaya Chatterjee Centre for Urban Economic Studies, University of Calcutta, Kolkata
  • Arup Ratan Misra Dumkal College, Murshidabad

DOI:

https://doi.org/10.33516/maj.v49i10.42-45p

Abstract

In all of the municipalities in this study, the share of establishment expenses in revenue expenditures is within favourable limits. Also, all of these municipalities are making capital expenditures satisfactorily. revenue expenditures for urban basic services are paid out from the own source revenues of municipalities - supplemented by government revenue grants. Capital expenditures are mostly provided by government capital grants though it is falling far short of requirement. Before economic liberalization loans at concessional terms were available from public financial institutions for investment in municipal infrastructures but now at competitive market rates.

Downloads

Download data is not yet available.

Published

2014-10-01

How to Cite

Chatterjee, M., & Misra, A. R. (2014). Interan Assessment of Fiscal Health of the Small and Medium Towns of West Bengal. The Management Accountant Journal, 49(10), 42–45. https://doi.org/10.33516/maj.v49i10.42-45p

Issue

Section

Cover Story

References

Alter, T. R., McLaughlin, D. K., and Melniker, N. E. (no date). Analyzing Local Government Fiscal Capacity. Pennsylvania State University, Cooperative Extension Service, University Park, PA.

Australian Government Productivity Commission (2008). Assessing Local Government

Revenue Raising Capacity. Productivity Commission Research Report. Commonwealth of Australia.

Brown, K. W. (1993). The 10-Point Test of Financial Condition : Toward an Easy-to-Use Assessment Tool for Smaller Cities. Government Finance Review, 9 (6). December. 21-26.

GOI (2009). Handbook of Service Level Benchmarking. Ministry of Urban Development.

Government of India. New Delhi

Government of India (2011). Report on Indian Urban Infrastructure and Services. The High Powered

Expert Committee (HPEC) for Estimating the Investment Requirements for Urban

Infrastructure Services. Ministry of Urban Development. Government of India. New Delhi.

Groves, S. M., and Valente, M. G. (1994). Evaluating Financial Condition : A Handbook for Local Government, 3rd ed. Washington, DC : International City/County Management Association.

Honadle, B. W., and Lloyd-Jones, M. (1998). Analyzing rural local governments' financial condition : An exploratory application of three tools, Public Budgeting and Finance. 69-85.

Honadle, B. W., Costa, J. M., and Cigler, B. A. (2004). Fiscal Health for Local Governments - An Introduction to Concepts, Practical Analysis, and Strategies. London : Elsevier Academic Press.

Kundu, A. (2001). Institutional innovations for urban infrastructural development : the Indian scenario. Development in Practice (Theme : Development and Cities), Vol. 11, May, 2/3. Routledge. 43-66

Kundu, A. (2006). Trends and patterns of urbanization and their economic implications. India Infrastructure Report. 3iNetwork. New Delhi : Oxford University Press. 27-41

Mathur, O. P., and Ray, S. (2003). Financing Municipal Services : Reaching Out to Capital Markets. New Delhi : National Institute of Public Finance and Policy.

Reschovsky, A. (2007). Compensating Local Governments for Differences in Expenditure

Needs in Horizontal Fiscal Equalization Program. Intergovernmental Fiscal Transfers - Principles and Practice. ed. by Robin Boadway and Anwar Shah. Public Sector Governance and Accountability Series. The World Bank. Washington, D.C.