Tax revenue in the budget of a municipality The thesis is composed of four main chapters. Each of them dealing with different problems that are connected with the tax revenues of municipalities. Chapter One describes the position of municipalities from 19th century until today. Chapter Two focuses on definition of budget and budget system. Then Chapter Two deals with the basic phases of budgetary process, for example budgetary approval procedure or budgetary control. This chapter also mentions the most important principles of budget. Next subchapter is concerned with the revenue and expenditure of the budget. The third chapter analyzes the tax revenues of municipalities generally. Tax revenue creates the greatest share of the income of municipalities. Tax revenues of municipalities are redistributed according to the Assignment of taxes act No. 234/2000. This act is also described in the Third Chapter. Chapter Four analyses individual municipal tax revenue sources. This chapter is subdivided into three parts. First subchapter concentrates on property tax. Subchapter Two and Three is composed of an analysis of personal income tax and corporate income tax. The last chapter is devoted to other municipal tax revenue, i.e. charges. This chapter consists of three parts. Part One addresses the issue of local...

This work is aimed on measurement and forecasting of tax revenues. The target is to explain issue of tax revenues measurement by other ways and after that to create forecasting models of tax revenues since 2001 to 2011. For achieving this target is used literature and economethric modeling methodology. At first is analyzed difference between acrual and cash methods of tax revenue's measurement from the view of different methodologies. After that econometric models are created for each of the choosen tax revenues. These models are analyzed for the quality of forecasting. From the results is clear, that tax revenues have a part, which could be described by macroeconomic variables. But these models reveals, that part of the tax revenue could be described by autonomous or random component. Models themselves could be affected by failure of elemental econometrics assumptions.

The subject of my thesis is to analyze the predictions of tax revenues in ten municipalities of comparable size. The main aim of my thesis is to evaluate the accuracy of predictions for selected municipal tax revenues and see if you can not refine their expert estimation using appropriate statistical methods. A sub-goal is to characterize in detail the various components of the budget revenues, and analyze their size and structure in selected municipalities. Another important sub-goal is to compare the communities to highlight their differences and common elements of municipal budget process. These information are based on interviews at municipalities. The result of the analysis is that the optimal use of prediction methods differ not only income from income, but from city to city. For income tax paid by employees appeared in some cases, reliable prediction of the city, in other cities it was exponential smoothing. For the tax on personal income from independent activities is clearly the most accurate regression analysis, which refines the prognosis of this tax by up to several tens of percent. Although the error of prediction of the city in property taxes was none too small, this approach has remained the most accurate. Only three cities have been more accurate by using exponential smoothing.

The name of this thesis is Municipal Revenue Prediction. Income communities or their revenue capacity, are an important factor landlord and also subject to financial decision-making communities. The aim is to propose a procedure for determining the revenue capacity of the municipality and its revenue prediction process. The first part is focused on defining the basic concepts related to this issue.V methodological section describes the methods and procedures which are then used in next part.Practical part is focused both on the village Rudolfov compared with a selected sample villages, and on the actual prediction selected tax revenue. At the very predictions are then created different scenarios, which significantly affects the level of income of the municipality.

The diploma thesis is concerned with influence of current economic crisis on tax revenues of municipalities. The main goal of thesis is to analyze this crisis influence on tax revenues of municipalities in the Czech Republic and especial in two chosen municipalities. In the first part the revenues of municipalities are described, in the second part the analysis of impact of the crisis to Czech region and municipalities follows. The third chapter is about two chosen municipalities and it analyzes their tax revenues between 2008 and 2010. The last part analyzes the cash performance in two chosen municipalities in 2008 and 2009. I found out that tax revenues of Czech municipalities decreased in 2009 by 11,6%, it is 17,8 billion Czech Crowns. In 2010 total tax revenues increased by 4,6%. In Bechyně we can see the similar situation as in the Czech Republic. Tax revenues decreased by 13% in 2009, they increased then by only 3% in 2010. In Sudoměřice u Bechyně there is the situation surprisingly different. In 2009 tax revenues decreased only by 5,5%. In 2010 they increased by 12%. Two chosen municipalities overcame the crisis well, they did not have any existential problems and they were able to manage the bad economic situation and covered it from their resources.

The aim of this thesis is to evaluate the system of municipality incomes in the Czech Republic with respect to specifics of small municipalities. In last few years these municipalities have become a frequently discussed topic because of their lower incomes. The legislation has been devoting to this problem since 2008 and the differences between large and small municipalities in the Czech Republic were removed. There is income analysis of all municipalities in the Czech Republic from 2000 up to 2012 in this thesis. The municipalities were divided into two groups. The first group contains small villages, defined as municipalities up to 499 inhabitants. In the second group there are other municipalities of the Czech Republic except small villages, statutory cities and the Capital City of Prague. The real data were recalculated per head for this analysis and minimum, maximum, median and arithmetic mean were found. Variability of incomes is evaluated from these results. Regression and correlation analysis is made in some groups of revenues because of finding dependence among variables. Disparity in incomes of small towns and other communities is assessed by comparing the arithmetic means and medians between groups of municipalities using a Two-Sample t-test and Mann-Whitney test. Revenue growth is evaluated determination of the trends of the time series using linear regression. Some specifics in financing small villages were found from these analyzes. There was also confirmation of the hypothesis that small municipalities have lower incomes per an inhabitant.

The purpose of this study is to determine which of three forecasting methods provides the most accurate short-term forecasts, in terms of absolute and mean absolute percentage error, for a unique set of data. The study applies three forecasting techniques--the Box-Jenkins or ARIMA method, cycle regression analysis, and multiple regression analysis--to quarterly sales tax revenue data. The final results show that, with varying success, each model identifies the direction of change in the future, but does not closely identify the period to period fluctuations. Indeed, each model overestimated revenues for every period forecasted. Cycle regression analysis, with a mean absolute percentage error of 7.21, is the most accurate model. Multiple regression analysis has the smallest absolute percentage error of 3.13.

This paper aims answer the question what is the revenue--maximizing rate of corporate income tax. Before analysis the literature of Laffer curve criticism and conversly literature of Laffer curve applications is summarized. In paper the relationship of tax rates and tax revenues is examined for Czech republic in time period from 1993 to 2009 and for Ireland in time period from 1981 to 2009 by regression analysis. Analysis showed the relationship described by Laffer theory. Revenue--maximizing tax rates reach values of 27,66% for Czech Republic and 25,1% for Ireland. Because the current statutory corporate tax rates are in both countries lower than calculated Laffer points, further reduction in tax rates will result in decline in tax revenues.

Thesis advisor: Richard McGowan / Gambling, both in the casino-style and lottery forms, has risen to become a major component of the entertainment industry in the United States. State governments are the gatekeepers of this growing industry, holding the power to legalize and regulate all aspects of gambling. This thesis explores the rationale state governments have for legalizing gambling as well as the impact gambling tax revenues have for state budgets. The main focus is casino-style gambling, as casino-style gambling in particular is being pursued for expansion by numerous states in a variety of forms. As various forms of gambling are legalized throughout the country, a state's gambling interests begin to face competition from both neighboring states and other forms of gambling within the state. Econometric models attempted to predict the tax revenues a state can obtain from legalized gambling based on such competition and a states own demographics. The results support a first-mover advantage for states expanding casino-style gambling and finds that new forms of gambling significantly erode established gambling industries. / Thesis (BS) — Boston College, 2006. / Submitted to: Boston College. College of Arts and Sciences. / Discipline: Economics Honors Program.

The economic crisis has affected more or less all areas of human life. One of them is of courese the issue of municipal budgets, whose incomes have experienced some changes during the crisis. In this paper first discribes the various tax revenues of municipalities, briefly characterize how the revenues from shared taxes and revenues from municipal taxes and property tax. It also discusses the situation in specific cities, which are Ždírec na Doubravou, Nová Paka and Teplice, where I analyze their individual income tax and municipal taxes policy and policy related to property tax. In the last part complete my analysis some answers to questions which I gave to members of city council of the reasons to some information. Based on collected information, I found that cities in times of economic crisis, fought with a reduction in the budget and trying to change the structure of local taxes and by increasing property tax rates, but each city dealt with this situation differently.