재정부담 수반 조례에 대한 PAYGO 준칙 도입여부에 관한 연구

The most important goal for finance of a government or a local government is to secure sound finance which makes ends meet. For the Korean government, a variety of issues have been discussed to secure balanced finance, for example, an introduction of a fiscal rule. In 2015, President Park Geun-hye showed a strong will as to the introduction of a PAYGO principle in '2015 the Government Finance Strategy Meeting. In the National Assembly, bills on the introduction of PAYGO principle and bills on the adoption of fiscal rules for the sound finance of the government are pending. For local governments, institutional developments for the sound finance of local governments have been not fully achieved since the enforcement of the local autonomy despite a lot of institutional developments in other fields. That's because most local governments confront financial difficulties. The financial difficulties result partly from the local government heads' lax management and a variety of ordinances which provide non-taxation or reduce tax. This article reviews whether PAYGO principle discussed in the National Assembly level can be applied to ordinances in order to secure the balanced budget in the local level. In fact, local governments have the low fiscal self-reliance ratio and rely much on the central government financially, hence, it may be difficult for local governments to execute their budget autonomically. In this regard, the introduction of PAYGO principle may be less effective in local level. However, it is necessary for PAYGO principle to apply to ordinances with financial burden as a precontrol procedure since it may prevent madcap and beneficial ordinances made by local assembly men to win elections.