The diploma thesis deals with issue of a long-term fiscal
sustainability, specifically with fiscal (budget) rules as one
of the possible instruments for its support. The main aim of
the thesis is to evaluate fiscal accountability rules applied
on the municipal level in the Czech Republic and a selected
member country of the European Union. Partial aim is to
formulate proposals de lege ferenda. Slovakia was selected as a
representative of the EU member states because of its
historical, economic, juridical and social closeness to the
Czech Republic. Asset of the thesis is in detailed analysis of
the current Czech and Slovakian acts with respect to financial
management of municipalities, their comparison and improvement
proposals.