Paper/Speech Details of Conference Program for the 29th NISPAcee Annual Conference Program Overview WG5: Public Finance and Public Financial Mngmt. (Physical) Author(s) Andrea Čajková University of Ss. Cyril and Methodius in Trnava Trnava Slovakia Assoc. prof. Ing. Ivana Butoracová Šindleryová, PhD Title Performance Based Budgeting as a part of strategic management in local governments of Slovak Republic File Paper files are available only for conference participants, please login first. Presenter Andrea Čajková Abstract The paper aims to present the concept of Performance Based Budgeting at the local government level with focus on its importance for the economic development of a country. Performance-based budgeting, which is clearly linked to performance management, has emerged as one of the partial directions for improving strategic public management, with much more attention recently paid to the importance and use of performance information as well as performance measures. The research was based on the literature review of the publications and the official data available in the studied field. The results of the paper seeks to highlight the advantages of implementing this concept, suitable ways and obstacles that are often encountered and important recommendations for improving its use summarized on the basis of more than 10 years of experience since the introduction of this budgetary innovation on the basis of legislation as a mandatory budgetary policy instruments for all self-governing regions and also for local self-governments in municipalities with a population of over 2,000. Leads to the conclusion whether PBB is a possibility among other concepts or a real necessity for nowadays economic challenges.
