Country, state, county, city or
municipality finance is called public finance.
It is concerned with
- Identification of required expenditure of a
public sector entity
- Source of that entity's revenue
- The budgeting process
- Debt issuance (municipal bonds) for public
works projects
Public finance is a field of economics concerned with paying for collective or governmental activities, and with the administration and design of those activities. The field is often divided into questions of what the government or collective organizations should do or are doing, and questions of how to pay for those activities. The broader term (public economics) and the narrower term (government finance) are also often used.
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