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.

All labels observed (1)

Label Occurrences
Municipal Common Fund of Chile canonical 1

How this entity was disambiguated

Statements (41)

Predicate Object
instanceOf fiscal equalization mechanism ⓘ
intergovernmental transfer system ⓘ
administeredBy Government of Chile ⓘ
Subsecretaría de Desarrollo Regional y Administrativo ⓘ
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 ⓘ
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 ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

local government of Chile → fundingInstrument → Municipal Common Fund of Chile ⓘ