期刊名称：Petroleum-Gas University of Ploiesti Bulletin : Economic Sciences Series
印刷版ISSN：2284-8576
电子版ISSN：2247-8582
出版年度：2009
期号：2
页码：36-44
出版社：Petroleum-Gas University of Ploiesti
摘要：This article attempts to present the local governments' executives with a number of options to consider asthey deal with the complex and ever changing questions of financial management for the localcommunity. The paper provides local government officials quick access to a framework of ideas andsuggestions that work within the hierarchy of financial management. Finance is immensely important inthe running of organizations or governments. Local governments need financial resources to carry outtheir constitutional responsibilities as regards providing social services as well as mobilizing availableresources for effective rural development and good governance at the grass root level. However,investigation revealed that local government has performed below expectations as a result of poor fundmanagement.This paper which deals with efficient financial management in local governments in Nigeria was writtento articulate and discuss the instruments that will help the local government councils to manage theirfunds adequately and be able to perform their statutory duties accordingly. Specifically, we discussed thevarious tools and techniques of efficient financial management which could assist the local governmentwith performing their roles. These are as follows: the use of budget, rational approach, incrementalapproach, zero-based budgeting approach, planning, programming and budgeting system, audit alarm,and auditing approach. A thorough adoption and application of these approaches will improve financialmanagement of local governments in Nigeria and enhance the quality of service delivery at the grassroot.
关键词：local government; financial management; tools of financial management; service delivery
