Abstract:

The paper presents important aspects of local government debt management based on the experience of local government units in Poland. The considerations were based on the concept and standards of debt management in terms of economic and legal determinants for incurring and servicing debt by local government units in Poland, and data from the Ministry of Finance and reports on budget implementation in the entities studied. The aim of the paper is to evaluate the debt of local government units in Poland after the introduction of new legal regulations concerning its monitoring. In particular, an ex-post analysis was carried out based on the historical data of the level and structure of debt in local government units in Poland, the individual debt index (IDI), general debt index and debt service. The research period covered the years 2014-2018.