The impact of the economic crisis on financing of municipalities and city districts of Prague

The diploma thesis concerns with the influence of the economic crisis on economy of two city districts of Prague, Dolní Počernice and Prague 18 -- Letňany and two municipalities, Sušice and Šestajovice. The main goal is to evaluate the crisis impact on revenues and expenditure of these subjects in the years 2008 -- 2010, compare size of the crisis impact and find out whether the studied subjects performed any solutions against this situation. The theoretical part describes the basic definitions and impact of the economic crisis on public finances as a whole. In the practical part the budgets of subjects are analyzed with an emphasis on the years 2008 - 2010. The final section contains a comparison of the impact of crisis on the subjects and also examined to assess their response to the revenue decline. My conclusion is that all subjects experienced the impact of the crisis on the revenue side of their budgets, which was not very significant. The economic crisis has not significantly affected the normal operation of the surveyed municipalities and city districts of Prague and therefore may not be performed significant to countermeasures impact of the crisis. But it is not possible to precisely determine which subjects were influenced by the crisis more and less