출납폐쇄기한 단축이 지방정부 예산이월에 미친 영향에 관한 연구

Abstract

Local governments have been largely using expenditure budget carryover, even though it means a stop or a delay in public service during a specific fiscal year. Local governments get a cause for using expenditure budget carryover more often than before because the term of receipts and disbursements was shorten from February of next fiscal year to December of current fiscal year due to the revision of Local Fiscal Act in 2015. This study aims at analyzing the impact of receipts and disbursements term reduction on expenditure budget carryover and suggesting institutional alternative to reduce the budget carryover. Based on the findings from this study, the number and percentiles of expenditure budget carryovers are increased due to the reduction of receipts and disbursements term. Specifically, the lower tier of local governments which are less capable of managing budget has been affected by the shorten of receipts and disbursements term. In oder to the decrease of budget carryover, due for completion of local government budget in Local Accounting Act should be extended more than current period and the index of fiscal balance should include the budget carryover item.