PARTICIPATORY BUDGET: A MODEL PROPOSAL FOR TEH MUNICIPALITY OF CAICÓ/RN
Democratic Budget; Public Administration; Municipal Accounting.
The participatory budget (PB) provides decentralization of transparency in the budgetary process, as well as making the population more aware of the way resources are allocated and leading them to demand better functioning of the public sphere of government. It is a public management approach that seeks to engage the population in defining budget priorities and making decisions on how public resources should be allocated in their community. In this regard, the objective of this work was to develop a participatory budget model, presenting a pioneering and effective proposal for implementation in the municipality of Caicó, in the state of Rio Grande do Norte. The present proposal is a descriptive, documentary, and exploratory research. The methodology of the proposal was divided into the choice of the municipality and the planning method. It is worth highlighting that the planning model adopted by the municipality of Caicó follows the guidelines established by the Multi-Year Plan, which defines the priorities and objectives of municipal management for a period of four years, including the definition of budget stages and the establishment of the proposal. The analytical approach of this investigation focused on understanding the behavior of variables within the municipality of Caicó/RN. This approach aims to reduce the level of discretion in financial planning, possibly associated with obstacles in the budgetary process. It is important to note that a new proposal is being introduced here, as there is currently no participatory budget in the municipality. Therefore, the importance of implementing a participatory budget in the municipality is evident. It is necessary to emphasize the importance of collaboration between the legislative, executive, and secretarial branches in the implementation of the participatory budget, as it has the potential to strengthen democratic principles, promote transparency, and foster a more engaging and effective public administration in the allocation of public funds.