- Tytuł:
- Application of optimization modelsfor long – term financial planningin local government sector
- Autorzy:
- Cichocki, Krzysztof S.
- Powiązania:
- https://bibliotekanauki.pl/articles/950921.pdf
- Data publikacji:
- 2014
- Wydawca:
- Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
- Tematy:
-
model
optimization
debt
investment
local government - Opis:
- The author presents a model to financial optimization of local government unit with the refernce to additional charakteristics like the debt requirements. The model is used to present long-term fianancial analysis and financil forcasts of the sepicifc local government unit. The author elaborets a budget cash flow scheme with interperiod relations. The model allows to determine the maximum level of financial investment capability, the safe debt level and the scheme of debt pay off for each year of given period, like 8 years. For each year the model ensures to keep local government unit afloat and to meet the debt and expendiniture ratios legal criteria. In the article the are two scenarios for model application for the different level of UE funds – exogenous variables. There is a possibility to analyse diffenrent financial policies.
- Źródło:
-
Financial Sciences. Nauki o Finansach; 2013, 4 (17); 30-51
2080-5993
2449-9811 - Pojawia się w:
- Financial Sciences. Nauki o Finansach
- Dostawca treści:
- Biblioteka Nauki
Artykuł