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Local government finance changes: more flexibility in financial ratios

The act modifies the rules for financing local government units. Local governments gain more flexibility regarding financial ratios and debt limits until 2029.
Key points
Local government units can exceed certain financial ratios in 2024–2029 if the sum of excesses in 2022–2029 does not exceed the sum of surpluses.
When calculating financial ratios, executed revenues from the sale of assets are added to current budget revenues – for the first time for the year 2026.
Regional audit chambers assess the impact of non-compliance with financial ratios on the performance of public tasks.
The period of application of certain provisions regarding the revenues of local government units has been shortened.
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96%
VOTING RESULTS
2024-11-08
For 434
Against 1
Abstain 17
Full voting results open_in_new
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Status:
Became Law
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Additional Information
Rządowy projekt ustawy o zmianie ustawy o finansach publicznych oraz niektórych innych ustaw.
Print number: PROJEKT USTAWY 756
Process start date: 2024-10-30
Voting date: 2024-11-08
Voting no: 32