Fiscal Decentralization – City of Belgrade Case Study

Authors

  • Snežana Knežević University of Belgrade, Faculty of Organizational Sciences
  • Predrag Jovanovic Public Procurement Office
  • Aleksandra Mitrović University of Kragujevac, Faculty of Hotel Management and Tourism

Keywords:

fiscal decentralization, expenditures, revenues, local governments, public procurements

Abstract

The research in this paper is devoted to analysis of budget items for the city of Belgrade, to revenues and earnings, expenses and issuance for 2013, 2014 and 2015 in order to determine changes in the structure and in time, and, based on these, the appropriate conclusions were drawn, which can serve as recommendations for creating budgets in the future. One of the key problems in public procurement at the City of Belgrade level were significant differences in prices for the same items procured by different contracting authorities. In many cases the same bidder offered the very same items at prices which differed up to 50% to different contracting authorities at the city level. That was a signal for the city administration to centralize the procurement of certain items in 2015 achieving significant reduction in prices of bundled procurement compared to the ones undertaken by different contracting authorities previously. In this context, the subject of the second part of this paper will be devoted to the importance of centralization of public procurements in the segment where it is possible to achieve efficiency in the management of budget funds.

Author Biographies

Snežana Knežević, University of Belgrade, Faculty of Organizational Sciences

Snežana Knežević was born in 1966 in Pančevo (Jabuka), where she graduated from the secondary school of economics. She graduated from the Faculty of Economics in Belgrade where she also got her MSc degree. She got her PhD degree at the Faculty of Organizational Sciences in Belgrade. The areas of her scientific interest are Finance, Accounting and Environmental protection. She is fluent in French and English. She has published several monographs and papers of scientific and professional orientation in the country and abroad. Currently, she works at the Faculty of Organizational Sciences in Belgrade, Department of Financial Management. She is an associate member of the Scientific Society Of Economists and a member ot the EUMMAS (European Marketing and Management Association).

Predrag Jovanovic, Public Procurement Office

Predrag Jovanovic works as a director of the Public Procurement Office, the Republic of Serbia. At the School of Economics, University of Belgrade, Serbia, he completed his bachelor, master and doctoral studies. His research work, commenced at the Economics institute, was focused on competitiveness, financial markets and public procurement.

Aleksandra Mitrović, University of Kragujevac, Faculty of Hotel Management and Tourism

Aleksandra Mitrović, Ph.D., works as a Teaching Assistant at the Faculty of Hotel Management and Tourism in Vrnjačka Banja, University of Kragujevac. She completed her Bachelor Studies in Accounting and Corporate Finance as well as her Master studies at the Faculty of Economics in Kragujevac. She got her PhD degree in 2016. The fields of her scientific and professional interests are related to Accounting and Finance.

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Published

2016-09-02

How to Cite

Knežević, S., Jovanovic, P., & Mitrović, A. (2016). Fiscal Decentralization – City of Belgrade Case Study. Management:Journal of Sustainable Business and Management Solutions in Emerging Economies, 21(79), 55–68. Retrieved from https://management.fon.bg.ac.rs/index.php/mng/article/view/39

Issue

Vol. 21 No. 79 (2016)

Section

Articles

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