Zhodnocení hospodaření města Zubří v kontextu pandemie COVID-19

Abstract

This bachelor's thesis focuses on evaluating the financial Management of the Municipality of Zubří during the monitored period of 2014-2023 in the context of the COVID-19 pandemic. The aim of the bachelor's thesis is to evaluate the financial management of the Municipality of Zubří and identify potential impacts of the COVID-19 pandemic on budget Management. The bachelor's thesis is divided into a theoretical and a practical part, where the theoretical part describes the characteristics of local government and the position of a Municipality, as well as financial analysis itself. The practical part is divided into methodology and analytical part. The analysis is performed using selected financial ratios, such as Total Indebtedness, Debt Ratio, Self-Financing Ratio, and Current Ratio, and utilizes vertical and horizontal analysis methods using base and chain indices to evaluate development. The results of the analysis of the financial management of the Municipality of Zubří are further compared with the median of the research sample. Based on the research, unstable financial Management of the Municipality of Zubří was found, which has a deepening problem with increasing indebtedness and decreasing liquidity due to investments. Based on this finding, I recommend that the Municipality of Zubří systematically plan investment activities and regularly update the medium-term and long-term financial outlook. Furthermore, I recommend utilizing funds obtained from grants instead of using own resources for financing investments.