Lei de responsabilidade fiscal e endividamento público municipal: uma análise dos municípios da microrregião de Lavras – MG

Abstract

The theme of this study is the public debt and in view of the economic issues that the country has been facing over the years, it has emerged within this context to analyze public indebtedness at the municipal level, with the research problem being: What are the consequences of the Fiscal Responsibility on the indebtedness of the municipalities of the Meso-region of Campo das Vertentes and specifically in the Microregion of Lavras - MG? Therefore, the objective of this study is to verify the consequences of the RFL on the indebtedness of the municipalities of the mes - region of the Field of Verts specifically in the micro - region of Lavras - MG. The methodology used includes in its study design, quantitative approach, the objectives being descriptive and explanatory, using bibliographic and documentary research procedures. The sampling technique used is the non-probabilistic sample by typicity. The collection of secondary data, taken from the Brazilian financial system, was used in the national treasury site, noting that when there was no data available, it used the transparency portal of the municipalities. The analyzed period was from 1998 to 2017, in the initial sample, 1197 observations were made, excluding three municipalities of the sample, according to the established criteria, accounting in the final sample 798 observations, to which the data were tabulated in Excel spreadsheets and its results after analysis demonstrated in tables and graphs, using seven indicators of financial management that have relation with the indebtedness. The results of the research indicate that after the LRF there was a reduction of the indebtedness of the municipalities of the sample. The LRF was notorious in personnel expenses, since the municipalities use approximately 50% of the current net revenue with personnel expenses, highlighting the increase after the electoral period. It can be concluded that the LRF has a positive impact on the control of municipal indebtedness, due to its restriction of establishing limits on municipal expenditures, besides having the objective of integrating municipal budget planning to fit within the limits established by law.