Local economies and finance – 2008 Report (Available in Italian only: Economia e finanza locale – Rapporto 2008)

The 2008 report prepared by Ifel and REF provides an update on the state of health of Italian municipalities. It highlights the main financial aspects of administrations over the last five years. The update on local finance is accompanied by a discussion of the main changes in the legislation affecting municipalities in which economic and financial simulations of scenarios are furnished on the basis of legislative decisions. The analysis presented in the report focuses on both the delicate question of best governance practices for municipalities and also on the problem of estimating standard requirements. An attempt is made to estimate the funding requirement for nursery school expenditure.