Municipal Common Fund of Chile
E544536
The Municipal Common Fund of Chile is a national fiscal equalization mechanism that redistributes municipal revenues to reduce disparities in local government financing across the country.
Statements (41)
| Predicate | Object |
|---|---|
| instanceOf |
fiscal equalization mechanism
ⓘ
intergovernmental transfer system ⓘ |
| administeredBy |
Government of Chile
NERFINISHED
ⓘ
Subsecretaría de Desarrollo Regional y Administrativo NERFINISHED ⓘ |
| aimsTo |
equalize fiscal capacity among municipalities
ⓘ
support provision of basic local services ⓘ |
| appliesTo | municipalities of Chile ⓘ |
| associatedWith |
Chilean decentralization reforms
ⓘ
territorial cohesion policies in Chile ⓘ |
| beneficiary | poorer municipalities in Chile ⓘ |
| beneficiaryLevel | local government ⓘ |
| benefits | municipal budgets with low revenue capacity ⓘ |
| contributor | financially stronger municipalities in Chile ⓘ |
| country | Chile ⓘ |
| currency | Chilean peso NERFINISHED ⓘ |
| designedFor | redistribution of municipal tax revenues ⓘ |
| fundingSource |
municipal own-source revenues
ⓘ
shared national taxes ⓘ |
| hasImpactOn |
local investment capacity
ⓘ
municipal fiscal autonomy ⓘ |
| influences | municipal budget planning ⓘ |
| isPartOf | public finance system of Chile ⓘ |
| legalNature | mandatory transfer system ⓘ |
| levelOfGovernment | national ⓘ |
| mechanismType | revenue-sharing ⓘ |
| objective |
promote solidarity among municipalities
ⓘ
reduce territorial inequalities in public resources ⓘ |
| policyArea |
fiscal decentralization
ⓘ
local public finance ⓘ regional equity ⓘ |
| purpose |
redistribute municipal revenues
ⓘ
reduce disparities in local government financing ⓘ |
| regulates | distribution of shared municipal revenues ⓘ |
| relatedTo |
Chilean municipal finance system
ⓘ
intergovernmental fiscal relations in Chile ⓘ |
| scope | nationwide ⓘ |
| supports | municipal service delivery ⓘ |
| targets | municipalities with low tax bases ⓘ |
| typeOfRedistribution |
horizontal equalization
ⓘ
vertical equalization ⓘ |
| underpins | equalization of municipal per capita income ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.