Share

Crisis and Constraint in Municipal Finance

1984 Business & Economics
Download Crisis and Constraint in Municipal Finance PDF Online Free

Author :
Release : 1984
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis Crisis and Constraint in Municipal Finance by : James H. Carr

Download or read book Crisis and Constraint in Municipal Finance written by James H. Carr. This book was released on 1984. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the United States, local governments are experiencing sustained and mounting financial difficulties. As fiscal pressures edge upward, cities find it difficult to make ends meet. And while the most acute financial hardships are felt by older, declining industrial complexes, the need to reduce spending, cut services, improve productivity, and increase locally-raised revenues has been recognized by a steadily growing number of municipalities across the country.Local governments have entered an age of austerity wherein traditional notions of budgeting and service provision have been brought into question. Elected officials and financial managers have begun rethinking the manner in which scarce resources are allocated; they have also given significant attention to the ways in which revenues are generated. Carr argues that we are now in a post-industrial society, moving from urban centers to suburban and non-metropolitan jurisdictions. As a result, we are moving from an economy benefitting from prolonged periods of vigor and lower interest rates to an economy characterized by extended periods of recession.Crisis and Constraint in Municipal Finance identifies eight principal areas of concern to budget makers and municipal managers. Beginning with ways to identify fiscal performance, this volume reviews cutback practices, budgeting principles, revenue raising strategies, alternative public service delivery systems and economic development initiatives. Also reviewed are the changing roles of the federal and state governments in local financial matters, as well as the fiscal prospects for local government finances in the coming years. This is an important work that addresses concerns of the economy and should be read by urban planners and economic advisors.

Crisis and Constraint in Municipal Finance

1984 Business & Economics
Download Crisis and Constraint in Municipal Finance PDF Online Free

Author :
Release : 1984
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis Crisis and Constraint in Municipal Finance by : James H. Carr

Download or read book Crisis and Constraint in Municipal Finance written by James H. Carr. This book was released on 1984. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the United States, local governments are experiencing sustained and mounting financial difficulties. As fiscal pressures edge upward, cities find it difficult to make ends meet. And while the most acute financial hardships are felt by older, declining industrial complexes, the need to reduce spending, cut services, improve productivity, and increase locally-raised revenues has been recognized by a steadily growing number of municipalities across the country.Local governments have entered an age of austerity wherein traditional notions of budgeting and service provision have been brought into question. Elected officials and financial managers have begun rethinking the manner in which scarce resources are allocated; they have also given significant attention to the ways in which revenues are generated. Carr argues that we are now in a post-industrial society, moving from urban centers to suburban and non-metropolitan jurisdictions. As a result, we are moving from an economy benefitting from prolonged periods of vigor and lower interest rates to an economy characterized by extended periods of recession.Crisis and Constraint in Municipal Finance identifies eight principal areas of concern to budget makers and municipal managers. Beginning with ways to identify fiscal performance, this volume reviews cutback practices, budgeting principles, revenue raising strategies, alternative public service delivery systems and economic development initiatives. Also reviewed are the changing roles of the federal and state governments in local financial matters, as well as the fiscal prospects for local government finances in the coming years. This is an important work that addresses concerns of the economy and should be read by urban planners and economic advisors.

The Municipal Financial Crisis

2022-01-06 Business & Economics
Download The Municipal Financial Crisis PDF Online Free

Author :
Release : 2022-01-06
Genre : Business & Economics
Kind : eBook
Book Rating : 368/5 ( reviews)

GET EBOOK


Book Synopsis The Municipal Financial Crisis by : Mark Moses

Download or read book The Municipal Financial Crisis written by Mark Moses. This book was released on 2022-01-06. Available in PDF, EPUB and Kindle. Book excerpt: City governments are going bankrupt. Even the ones that aren’t are often stuck in financial chaos. It is easy to blame pensions, poor leadership, or a bad economy. But the problems go much deeper. With decades of experience in local government, author Mark Moses showcases the inside world of the city decision-making process that has spawned these crises. It becomes clear: City governments are maxing out their budgets because they are trying to maximize services. This book, likely the most ambitious attempt by someone who has worked in government to radically examine the delivery of municipal services since 'Reinventing Government' was published more than 25 years ago, explores why city governments pursue an open-ended mission and why bailouts and trendy budgeting processes will be, at best, only temporary solutions. Of interest to current and future city council members, regional and state government officials, those covering city government, financial analysts, city management, and individuals and organizations interested in influencing city policy, this book argues that cities won’t thrive until city hall is disrupted.

The Municipal Money Chase

2019-07-09 Political Science
Download The Municipal Money Chase PDF Online Free

Author :
Release : 2019-07-09
Genre : Political Science
Kind : eBook
Book Rating : 675/5 ( reviews)

GET EBOOK


Book Synopsis The Municipal Money Chase by : Alberta Sbragia

Download or read book The Municipal Money Chase written by Alberta Sbragia. This book was released on 2019-07-09. Available in PDF, EPUB and Kindle. Book excerpt: Gone are the days when the raising and apportioning of municipal monies was a relatively simple task, when ample income could be expected to meet projected needs and also fund a few additional projects. Now local officials are faced with shrinking budgets, tax revolts, decreasing federal support, increasing state and federal regulations—in short, genuine crunches that leave them pondering how sparse resources can ever be stretched to meet the multitude of actual needs. This book stresses the political dimensions of local finance, emphasizing the local, intergovernmental, and private-sector constraints faced by municipal officials in their attempt to provide services while balancing the budget. Integrating the implications of the Reagan administration’s new approach to federal spending into their analyses, the authors examine the impact of state regulations on local taxation and debt policies, the relationship between local governments and the municipal bond market, the political economy of New York City’s fiscal crisis, and the impact of various tax limitation measures, including California’s Proposition 13. They also study the effect of community development grants on local decisionmaking structures and the impact of urban congressional representatives on the allocation of federal grants. Their presentation is aimed especially at graduate and upper-level undergraduate students of urban politics, local finance, state and local government, and intergovernmental relations.

Financial Markets, Fiscal Constraints, and Municipal Debt

2013
Download Financial Markets, Fiscal Constraints, and Municipal Debt PDF Online Free

Author :
Release : 2013
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis Financial Markets, Fiscal Constraints, and Municipal Debt by : John A. Dove

Download or read book Financial Markets, Fiscal Constraints, and Municipal Debt written by John A. Dove. This book was released on 2013. Available in PDF, EPUB and Kindle. Book excerpt: The current paper explores the municipal debt crisis that resulted from the panic of 1873, which caused a significant number of local governments in the U.S. to default on their debt obligations. The aftermath of that episode was one of constitutional change meant to constrain municipal governments from pursuing similar activities in the future. This paper empirically investigates the impact that these restrictions had on municipal borrowing costs, analyzed from bond yield data taken from several major U.S. financial markets, so as to evaluate how binding and significant markets actually perceived these constraints to be. Overall, the results suggest that borrowing costs were lower for municipal governments that faced more stringent creditor guarantees regarding the issuing and repayment of debt, hard budget constraints, and also strict debt limits, while tax limits generally increased borrowing costs. These results not only conform to much of the current literature regarding the political economy of institutional constraints on public finance, they also add several important insights, especially when comparing defaulting to non-defaulting municipalities.

You may also like...