Sport is a complex social activity that encompasses various areas. This, of course,
complicates the matter of its financing since it is financed by private and public
sources. This is mostly due to the fact that certain sporting activities are considered
to be public goods which are then financed by public funds, i.e. the state and
local budgets. This paper reports on the analysis of public sources of sports financing.
The research confirmed the assumption that in the structure of public sources
the local budget prevails, i.e. money coming from local budgets is higher than
that coming from central government. Based on the given data concerning local
budgets for sports, a trend analysis was conducted. Finally, criteria applied when
distributing local funds to sports organizations and single sports were analysed.
Based on the correlation analysis, this paper shows that the amount of funds coming
from local budgets is correlated with sporting performance (medals won at
domestic competitions).