Municipal Finance

/ˌmjuːnɪˈsɪpəl faɪˈnæns/

Definitions

  1. (n.) The body of law and practice relating to the management of public funds by municipal entities, including taxation, budgeting, and issuance of municipal bonds.
    The city council reviewed the municipal finance regulations before approving the new budget.

Forms

  • municipal finance

Commentary

Municipal finance primarily concerns the financial operations of local governments and involves understanding both statutory regulations and practical funding mechanisms.

This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.

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