Municipal Finances And Tax Management System

DOI

10.2991/978-94-6463-738-0_81How to use a DOI?

Keywords

municipal finances; tax management system; e-governance; local government; financial transparency; revenue optimization; public administration; digital transformation; financial management system

Abstract

This research paper provides an in-depth exploration of the evolving role of Municipal Finances and Tax Management Systems (MFTMS) in transforming the financial management practices of local governments. It examines how these systems contribute to enhancing efficiency, transparency, and accountability, which are essential for the effective governance and fiscal health of municipalities. The paper delves into the critical features of MFTMS, such as automated tax collection, streamlined budgeting processes, real-time expenditure monitoring, and comprehensive financial reporting. By analyzing various case studies and global implementations, the research highlights how municipalities across different regions have leveraged these systems to improve their financial operations, optimize revenue generation, and ensure better resource allocation.The study also addresses the significant challenges encountered in the adoption and implementation of MFTMS, including technological constraints, the need for robust cybersecurity measures, resistance to organizational change, and the importance of building technical and managerial capacities within municipal staff. Furthermore, the paper emphasizes the transformative potential of integrating cutting-edge technologies such as artificial intelligence, blockchain, and data analytics into municipal financial systems. These technologies not only enhance the accuracy and efficiency of financial processes but also promote greater transparency and trust among citizens.In addition, the paper explores the broader implications of adopting MFTMS for urban governance, including improved service delivery, enhanced citizen engagement, and the promotion of sustainable urban development. It underscores the importance of adopting a holistic approach to municipal finance management, which involves collaboration between different government departments, stakeholders, and the private sector. The research concludes with strategic recommendations aimed at overcoming the challenges and maximizing the benefits of MFTMS, offering insights into how municipalities can enhance their fiscal autonomy, ensure financial sustainability, and contribute to the overall well-being of their communities.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Preeti Tuli
AU  - Kunal Verma
AU  - Shiekh Waseem
AU  - Gunja Kurre
PY  - 2025
DA  - 2025/06/22
TI  - Municipal Finances And Tax Management System
BT  - Proceedings of the International Conference on Advances and Applications in Artificial Intelligence (ICAAAI 2025)
PB  - Atlantis Press
SP  - 1057
EP  - 1068
SN  - 1951-6851
UR  - https://doi.org/10.2991/978-94-6463-738-0_81
DO  - 10.2991/978-94-6463-738-0_81
ID  - Tuli2025
ER  -