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Fiscal and Financial Management in Local Governments
1
FISCAL AND FINANCIAL MANAGEMENTIN LOCAL GOVERNMENTS
Emilia T. Boncodin
Professor University of the Philippines
November 30, 2009
 
Fiscal and Financial Management in Local Governments
2
COMPONENTS
As to fiscal elements
 –Revenues/Income –Borrowings –Operating costs –Capital investments
As to process
 –Local budget and financial system –Performance monitoring and evaluation
 
Fiscal and Financial Management in Local Governments
3
Part 1. FISCAL ELEMENTS

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