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Rural Revival Financing in Serbia: Kikinda Municipality Case Study

Abstract

In Serbia, similar to other European countries, towns grow, while villages lose population and fertile land disappears. Identification of potential resources for rural revival financing represents a research challenge. The aim of this paper is to evaluate Kikinda municipal budget increase as potential financial resource for revival of villages around Kikinda. New communal company in Kikinda, formed recently by five old communal companies merging, not only provides good services, but also enlarges municipal budget. In this paper, following Serbia rural features review, Kikinda Town and surrounding villages are briefly described. Prosperous village of Mokrin, once train station for the Orient Express, is presented in more detail. Then Kikinda Municipality budget is analyzed. Conclusion is that if the municipal budget surplus exists, small farming holdings can be financially supported to start modern food production. In Kikinda Municipality case, however, existing budget surplus is not sufficient for generous financial support yet

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