Paper/Speech Details of Conference Program for the 17th NISPAcee Annual Conference Program Overview V. Working Group on Public Sector Finance and Accounting Author(s) Lucie Sedmihradska University of Economics of Prague Praha Czech Republic Title Municipal asset management: A case of a small town in Southern Bohemia File Paper files are available only for conference participants, please login first. Presenter Abstract Municipalities in the Czech Republic manage sizable property which they acquired either based on two laws on property transfer from the state to municipalities or as a result of their management. Base on the aggregated municipal balance sheet municipalities possessed assets in total book value of 1,341 billions CZK at the end of 2007, of which the major part generated buildings (751 billions CZK) and other long term tangible property (356 billions CZK). The assets owned by municipalities are very heterogeneous. The objectives of the proposed paper are to characterize the current situation in the Czech Republic regarding municipal property and municipal asset management and to present a case study of a small town in Southern Bohemia. The analysis of the current situation comprise analysis of the legal framework, available aggregate data and existing professional handbooks and manuals intended for municipal officials and staff. The case study follows the research protocol.