EN
The main objective of the article is to depict the financial aspects of the urban area development. The paper is divided into two major parts. The first one in theory presents legal determinants to provide the city budget with income from real estate management, and the financial results for adopting implementing rules concerned the city master plans. The second empirical part contains the analysis of the land development and spatial – landscaping transformations in Cracow. The authors also studied the real estate financial city reports in the marginal years available for research 2005–2010.