Evaluation of financial performance of contributory organizations under the jurisdiction of municipalities

摘要

Public administration reform has brought about, inter alia, the change of financing of original and delegated competences for municipalities. In this context, the conditions for economy of local government have changed, while the pressure was put on municipalities to make more efficient use of their property to receive the greatest possible benefit in terms of economic, social and territorial development. A municipality can manage its own property, but it can also entrust it to the budgetary and contributory organizations. The Act no. 138/1991 Coll. indicates that the municipal authorities and organizations are required to manage municipal property in favour of development of municipalities and their citizens, and protection and creation of the environment. One of the possibilities for increasing the efficiency of property use is also financial analysis, eventually economic analysis. Analysis usually results in practical useful knowledge, creating the foundation for an objective definition of relevant conditions (factors) for the future capital appreciation in municipalities. The aim of this paper is to evaluate financial performance of contributory organizations under the jurisdiction of municipalities with help of selected indicators