Transparency and Accountability in Local Public Finance: Evidence from Public Parking Fee Allocation

Municipalities worldwide play a crucial role in de-livering essential public services to citizens. However, securing adequate resources and sustainable funding remains a per-sistent challenge for local self-governments. Depending on the state system, local circumstances, societal needs, and policy priorities, municipal revenue structures vary significantly. Yet modern urban municipalities are generally guided by com-mon principles such as equality, solidarity, efficiency, transpar-ency, accountability, and the promotion of public well-being.