Object

Title: A Multiple Criteria Optimization Model Supporting Long-Term Financial Planning by Local Government

Subtitle:

Raport Badawczy = Research Report ; RB/38/2014

Publisher:

Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences

Place of publishing:

Warszawa

Description:

32 pages ; 21 cm ; Bibliography p. 32

Abstract:

The objective of the paper is development and implementation of the multi-objective optimization model for supporting local government (LG) long-term financial management and planning. The model assumptions are consistent with the EU regulations. The model, which is an extension of the model developed by Cichocki, provides maximum investment cumulated over an investment period {t1, TN}, and, at the same time, minimum of total costs associated with debt service after that period - over {TN+1, Tm}> until all debts, used for financing investment, are fully repaid. Investments are implemented and debt is issued only over in the period {t1, TN}. Debt includes credits and bonds with various maturities.

Relation:

Raport Badawczy = Research Report

Resource Identifier:

oai:rcin.org.pl:110597 ; oai:rcin.org.pl:110597

Source:

RB-2014-38

Language:

eng

Language of abstract:

eng

Rights:

Creative Commons Attribution BY 4.0 license

Terms of use:

Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at: ; -

Digitizing institution:

Systems Research Institute of the Polish Academy of Sciences

Original in:

Library of Systems Research Institute PAS

Projects co-financed by:

Operational Program Digital Poland, 2014-2020, Measure 2.3: Digital accessibility and usefulness of public sector information; funds from the European Regional Development Fund and national co-financing from the state budget.

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