POSSIBILITIES OF BUDGET OUTTURN AT THE LEVEL OF REGIONAL SELF-GOVERNMENT UNITS

Possibilities of meeting public needs at national and local level depend on budget outturn. The role of the state audit is to supervise budget outturns and expenditures. The aim of the paper is to examine the number of budget funds at the county level in the Republic of Croatia as well as to investigate and analyze the amount and trends in tax revenues in relation to all assets realized. A characteristic of tax revenues is that they have no statutory purpose, as opposed to most other local unit revenues. This paper gives an overview of the legislative framework governing the organization of local units, their financing, and supervision. The main sources of data are the data of the Ministry of Finance and the State Audit Office, legal regulations and scientific literature. The results show that tax revenues in 2017 decreased in all counties compared to the previous year. A different share of tax revenues in total revenues in each county is also evident.