Local finance

Local finance refers to the management of money by local government authorities, such as cities, counties, or municipalities. It involves collecting revenue through taxes, fees, and grants, and allocating funds for services like education, healthcare, infrastructure, and public safety. Effective local finance ensures that these communities have the financial resources to operate efficiently, maintain infrastructure, and improve residents' quality of life. It also includes budgeting, accounting, and financial planning to sustain economic stability and transparency in handling public funds.