Publication:
Lithuania : Issues in Municipal Finance

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dc.contributor.authorWorld Bank
dc.date.accessioned2013-08-28T14:23:02Z
dc.date.available2013-08-28T14:23:02Z
dc.date.issued2002-05-16
dc.description.abstractSince the establishment of Lithuania's independence, the country achieved substantial progress in transforming its local governments into independent units of Government: structural reforms to prod intergovernmental relations were made in 1994 and 1997, and will continue in 2002. Nevertheless, several issues remain, requiring particular attention from the Government. First, revenue and expenditure assignment between levels of government, and the degree of central regulation over local finance, needs to be reviewed. Local governments face fiscal constraints, for revenues are centrally collected, and distributed at centrally determined rates. And, although local governments have nominal authority over their expenditures, major items (salaries and welfare payments) are subject to Government control, resulting in local governments being faced with running arrears, or borrowing from the Government or private lenders. Although high per capita jurisdictions are required to share revenues with poorer counterparts, it is not clear that distribution mechanisms actually allocate revenues as needed. Upcoming reforms are likely to change this, but a greater change in the revenue distribution criteria, would be by funding delegated functions, but distributing according to sector-specific indicators of need, as well as budgeting financial availability. Second, financing capital investment may be improved by a greater fiscal autonomy to local governments, and mostly, by improving the quality of financial information, with reforms that include the separation of current, and capital accounts, and the adoption of accrual accounting for expenditures.en
dc.identifierhttp://documents.worldbank.org/curated/en/2002/05/1798550/lithuania-issues-municipal-finance
dc.identifier.doi10.1596/15420
dc.identifier.urihttps://hdl.handle.net/10986/15420
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectMUNICIPAL GOVERNMENT
dc.subjectLOCAL GOVERNMENT EXPENDITURES
dc.subjectSTRUCTURAL REFORMS
dc.subjectINTERGOVERNMENTAL RELATIONS
dc.subjectREFORM IMPLEMENTATION
dc.subjectREVENUE MEASURES
dc.subjectREVENUE SHARING
dc.subjectREVENUE ESTIMATING
dc.subjectAUTONOMY
dc.subjectSALARY REMITTANCES
dc.subjectWELFARE ECONOMICS
dc.subjectCENTRAL GOVERNMENT AUTHORITIES
dc.subjectARREARAGES
dc.subjectBORROWING ARRANGEMENTS
dc.subjectDEFICIT FINANCING
dc.subjectDISTRIBUTIONAL EFFICIENCY
dc.subjectPUBLIC SPENDING
dc.subjectWAGE RATES
dc.subjectCIVIL SERVICE PENSIONS
dc.subjectCAPITAL INVESTMENTS
dc.subjectFINANCING OPTIONS
dc.subjectEUROPEAN UNION MEMBERSHIP
dc.subjectFUNDS
dc.subjectFISCAL CONSTRAINTS
dc.subjectCAPITAL UTILIZATION
dc.subjectCAPITAL MARKETS
dc.subjectBANKING CRISES
dc.subjectFINANCIAL INTERMEDIATION ACCOUNTING
dc.subjectACCRUAL ACCOUNTING
dc.subjectACTUAL COSTS
dc.subjectAPPROPRIATIONS
dc.subjectASSETS
dc.subjectAUTONOMY
dc.subjectBANKING SECTOR
dc.subjectBORROWING
dc.subjectBUDGET EXECUTION
dc.subjectBUDGET PROCESS
dc.subjectCAPITAL MARKETS
dc.subjectCITIES
dc.subjectCIVIL SERVICE
dc.subjectCONSOLIDATION
dc.subjectCONSUMERS
dc.subjectCORPORATE INCOME TAXES
dc.subjectCOUNCILORS
dc.subjectCREDIT MARKETS
dc.subjectDEBT SERVICE
dc.subjectDEFICITS
dc.subjectEIB
dc.subjectELECTRICITY
dc.subjectEQUALIZATION
dc.subjectEXPENDITURE ASSIGNMENT
dc.subjectEXPENDITURE RESPONSIBILITIES
dc.subjectEXPENDITURE STATEMENTS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL REPORTING
dc.subjectFISCAL POLICY
dc.subjectFISCAL RESPONSIBILITY
dc.subjectFISCAL YEAR
dc.subjectGARBAGE COLLECTION
dc.subjectGOVERNMENT EMPLOYEES
dc.subjectGOVERNMENT FINANCE
dc.subjectGOVERNMENT SPENDING
dc.subjectHOUSING
dc.subjectINCOME
dc.subjectINCOME TAXES
dc.subjectINSURANCE
dc.subjectINTERGOVERNMENTAL RELATIONS
dc.subjectINTERNATIONAL BOND MARKETS
dc.subjectLAND PRICES
dc.subjectLAWS
dc.subjectLEGAL PROTECTION
dc.subjectLEGISLATION
dc.subjectLOCAL AUTHORITIES
dc.subjectLOCAL FINANCE
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL GOVERNMENTS
dc.subjectLOCAL OFFICIALS
dc.subjectLOCAL REVENUE
dc.subjectLOCAL SPENDING
dc.subjectMARKET VALUE
dc.subjectMASS TRANSIT
dc.subjectMUNICIPAL COUNCILS
dc.subjectMUNICIPAL DEBT
dc.subjectMUNICIPAL FINANCE
dc.subjectMUNICIPAL GOVERNMENTS
dc.subjectMUNICIPAL REVENUE
dc.subjectMUNICIPALITIES
dc.subjectMUNICIPALITY
dc.subjectNATIONAL CIVIL SERVICE
dc.subjectNORDIC INVESTMENT BANK
dc.subjectPENALTIES
dc.subjectPENSIONS
dc.subjectPERSONAL INCOME TAXES
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR PARTICIPATION
dc.subjectPRIVATIZATION
dc.subjectPROPERTY ASSESSMENTS
dc.subjectPROPERTY TAXES
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC DEBT MANAGEMENT
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR EMPLOYMENT
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC TRANSIT
dc.subjectPUBLIC TRANSPORT
dc.subjectPUBLIC UTILITIES
dc.subjectPUBLIC WORKS
dc.subjectREVENUE ASSIGNMENT
dc.subjectREVENUE EQUALIZATION
dc.subjectREVENUE SHARING
dc.subjectSAVINGS
dc.subjectSHORT TERM DEBT
dc.subjectSOCIAL SERVICES
dc.subjectSTREET LIGHTING
dc.subjectSTRUCTURE OF GOVERNMENT
dc.subjectTAX
dc.subjectTAX ADMINISTRATION
dc.subjectTAX RATES
dc.subjectTAX REVENUE
dc.subjectTAX REVENUES
dc.subjectTAXATION
dc.subjectTREASURY
dc.subjectUNFUNDED MANDATES
dc.subjectURBAN AREAS
dc.subjectURBAN SERVICES
dc.subjectURBANIZATION
dc.subjectWAGE RATES
dc.subjectWAGES
dc.subjectWATER SUPPLY
dc.titleLithuania : Issues in Municipal Financeen
dc.title.alternativeLietuva Savivaldybiu finansaien
dspace.entity.typePublication
okr.date.doiregistration2025-05-07T12:18:46.877403Z
okr.doctypeEconomic & Sector Work::Pre-2003 Economic or Sector Report
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2002/05/1798550/lithuania-issues-municipal-finance
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeGovernance
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid239891468757199337
okr.guid679441468773116312
okr.identifier.externaldocumentum000094946_0206060401402
okr.identifier.internaldocumentum1798550
okr.identifier.report23716
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2002/07/16/000094946_0206060401402/Rendered/PDF/multi0page.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryLithuania
okr.sectorPublic Administration, Law, and Justice :: Central government administration
okr.sectorPublic Administration, Law, and Justice :: Sub-national government administration
okr.sectorFinance :: General finance sector
okr.topicBanks and Banking Reform
okr.topicGovernance::Regional Governance
okr.topicPublic Sector Management and Reform
okr.topicPublic Sector Economics and Finance
okr.topicUrban Development::Municipal Financial Management
okr.topicFinance and Financial Sector Development
okr.volume1
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