Transport, as a sphere of task execution and employment, is a branch of the national economy closely linked to the public budget. This applies both to transport tasks of a public utility nature, such as public transport, and to the sphere of financing investments in transport infrastructure. The use of financial resources from the 2007-13 EU perspective allocated for transport investments depends on the so-called public contribution, i.e., funds originating from public budgets: state and local government. The share of these funds in planned transport projects is essential, as the level of EU funds obtained for financing a given task depends on its size.In the considerations of this paper, attention is focused on significant changes in the management of public funds in effect since January 1, 2010, in light of the new Public Finance Act and their relation to the functioning and development of the transport sector, which is a significant part of the public sector.
MANAGEMENT OF PUBLIC FUNDS ACCORDING TO THE CURRENT ACT OF PUBLIC FUNDS – IMPLICATIONS FOR THE TRANSPORT SECTOR
Transport is one of the sectors of economy providing with implementation of public service and employment. It also concerns transport tasks as public services and passengers transport as investment tasks in the transport infrastructure.
The use of union funds 2007 – 2013 for the transport investments depends on the public share – the funds form public budgets: state and local.
They are necessary in the process of fulfillment transport projects because the amount of public share influences the amount of the funds for the tasks. (…)
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Source: Logistyka Magazine