한국지방행정연구원

The Korea Local Administration Review

Year
2019-09
Author
Jang, Hye-Yoon・Jang, Hyun-Kyoung・Park, Chung-Hun

An Analysis on Fiscal Effectiveness of Early Budget Execution: Focused on an Unused Budget Rate

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An Analysis on Fiscal Effectiveness of Early Budget Execution: Focused on an Unused Budget Ratedownload
The purpose of this study is to analyze the financial effect of local governments' early budget execution and to verify the factors that make a difference in the unused budget rate. For this, this study is subject to general accounting program of Gyeonggi-do from 2014 to 2018. In addition, this study verifies difference of unused budget rate whether the program is applicable to a early budget execution, whether supplementary budgets are increased, and the program characteristics.
As a result, the unuesd budget rate of early budget execution program is low in both the whole program and the supplementary budget increase program. This suggests that the operation of the early budget execution improves the efficiency of financial execution. In addition, subsidiary budgets increased, the county supported, and large programs had a low percentage of unused budgets for programs, but development policies were relatively high.