Local Governments’ Financial Vulnerability

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Author :
Publisher : Routledge
ISBN 13 : 1000581659
Total Pages : 108 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis Local Governments’ Financial Vulnerability by : Emanuele Padovani

Download or read book Local Governments’ Financial Vulnerability written by Emanuele Padovani and published by Routledge. This book was released on 2022-02-20 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local Governments’ Financial Vulnerability presents a conceptual framework developed to examine how vulnerable local finances were before and in the immediate aftermath of the COVID-19 pandemic crisis by mapping and systematising its dimensions and sources. The model is then applied to eight countries with different administrative models and traditions: Australia, Austria, Bosnia and Herzegovina, Germany, Italy, Portugal, Spain, and the United States. Comparative results reveal not only that COVID-19 impacts and policy tools had a lot of similarities across countries, but also that financial vulnerability has an inherently contingent nature in time and space and can lead to paradoxical outcomes. The book shows that the impact of the crisis on local governments’ finances has been postponed and that financial vulnerability is expected to increase dramatically for a few years following the pandemic, especially in larger and richer municipalities which are traditionally more autonomous and less financially vulnerable. The authors provide timely insights and analytical tools that can be useful for both academic and public policy purposes, to further appreciate local governments’ financial vulnerability, especially during crises. This book is a valuable resource for practitioners and academics, as well as students of public policy, public management, financial management, and public accounting. Local governments can use the framework to better appreciate and manage their financial vulnerability, while oversight authorities can use it to help local governments become less financially vulnerable or, at least, more aware of their financial vulnerability. Financial institutions, advisors, and rating agencies may use this publication to refine or revise their models of credit risk assessment.

Local Governments' Financial Vulnerability

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Author :
Publisher : Routledge
ISBN 13 : 9781032228099
Total Pages : 128 pages
Book Rating : 4.2/5 (28 download)

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Book Synopsis Local Governments' Financial Vulnerability by : Emanuele Padovani

Download or read book Local Governments' Financial Vulnerability written by Emanuele Padovani and published by Routledge. This book was released on 2022-02-21 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local Governments' Financial Vulnerability presents a conceptual framework developed to examine how vulnerable local finances were before and in the immediate aftermath of the Covid-19 pandemic crisis by mapping and systematising its dimensions and sources. The model is then applied to eight countries with different administrative models and traditions: Australia, Austria, Bosnia and Herzegovina, Germany, Italy, Portugal, Spain, and the USA. Comparative results reveal not only that Covid-19 impacts and policy tools had a lot of similarities across countries, but also that financial vulnerability has an inherently contingent nature in time and space and can lead to paradoxical outcomes. The book shows that the impact of the crisis on local governments' finances has been postponed and that financial vulnerability is expected to increase dramatically for a few years following the pandemic, especially in larger and richer municipalities which are traditionally more autonomous and less financially vulnerable. The authors provide timely insights and analytical tools that can be useful for both academic and public policy purposes, to further appreciate local governments' financial vulnerability, especially during crises. This book is a valuable resource for practitioners and academics, as well as students of public policy, public management, financial management, and public accounting. Local governments can use the framework to better appreciate and manage their financial vulnerability, while oversight authorities can use it to help local governments become less financially vulnerable or, at least, more aware of their financial vulnerability. Financial institutions, advisors, and rating agencies may use this publication to refine or revise their models of credit risk assessment.

Governmental Financial Resilience

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Author :
Publisher : Emerald Group Publishing
ISBN 13 : 1787149153
Total Pages : 256 pages
Book Rating : 4.7/5 (871 download)

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Book Synopsis Governmental Financial Resilience by : Ileana Steccolini

Download or read book Governmental Financial Resilience written by Ileana Steccolini and published by Emerald Group Publishing. This book was released on 2017-06-07 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a unique insight into the ways local governments have maintained financial resilience in light of the significant challenges posed by the era of austerity. Taking an international perspective, it provides a practical analysis of the different capacities and responses that local governments deploy to cope with financial shocks.

Local Government Financial Condition Analysis

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781489566157
Total Pages : 316 pages
Book Rating : 4.5/5 (661 download)

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Book Synopsis Local Government Financial Condition Analysis by : William Kittredge

Download or read book Local Government Financial Condition Analysis written by William Kittredge and published by Createspace Independent Publishing Platform. This book was released on 2004-01-05 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial condition of local governments (villages, towns, townships, cities; fire, water, sewer, school districts; and counties) is of vital concern to all citizens, especially in these difficult financial times. Are you getting the most from your tax dollar? This book provides citizens, groups, and government employees with step-by-step guidance that goes far beyond bond ratings, to assess the short, medium, and long-term financial condition of local government. Written by the author of Local Government Budgeting in Georgia and We Only Pay the Bills (a study of Virginia's state and local debt), this is a must read for anyone concerned with local government financial condition. Whether you are thinking of your family's future, moving your business, or expanding an existing business, the information in this book will allow you to make a rational judgement, devoid of romance and hyperbole. What is 'non-debt debt' and how does it impact taxes? Is my government using one-shot fixes to cover long-term problems that will cost me in the future? This guide provides the methods and public sources of data needed to make an assessment.

Fiscal Health for Local Governments

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Publisher : Elsevier
ISBN 13 : 9780080472782
Total Pages : 271 pages
Book Rating : 4.4/5 (727 download)

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Book Synopsis Fiscal Health for Local Governments by : Beth Walter Honadle

Download or read book Fiscal Health for Local Governments written by Beth Walter Honadle and published by Elsevier. This book was released on 2003-12-18 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal Health for Local Governments offers a how-to approach to identifying and solving financial problems. Its principal selling point lies in its assumptions: instead of using the vocabulary and research agendas of economist, finance scholars, and political scientists, it will appeal to readers who lack sophisticated knowledge in these areas and nevertheless need practical advice. The book stems from the Fiscal Health Education Program, an applied economics program at the University of Minnesota. It uses three measures of fiscal health — financial condition, trend analysis, and financial trend monitoring system — as the basis for advocating particular fiscal strategies. The book examines the tools that can be used to assess the condition of a local government's fiscal health and some of the policy causes or remedies for certain situations, as well as some of the strategies governments can pursue to maintain and improve health. It will serve as a primer for readers interested in understanding financial processes and alternatives, and as a practical guide for those who need access to fiscal measurement tools. How-to approach will appeal to readers who lack sophisticated knowledge Contains discussion questions and anonymous case studies of actual cities and municipalities Presents practical methods for identifying and solving common fiscal problems

Handbook of Local Government Fiscal Health

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Publisher : Jones & Bartlett Publishers
ISBN 13 : 0763792306
Total Pages : 574 pages
Book Rating : 4.7/5 (637 download)

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Book Synopsis Handbook of Local Government Fiscal Health by : Helisse Levine

Download or read book Handbook of Local Government Fiscal Health written by Helisse Levine and published by Jones & Bartlett Publishers. This book was released on 2012 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal health of local governments and municipalities has remained an important issue since the crises of the 1970s in places like New York, Philadelphia and Cleveland. More recently, the bankruptcy of Orange County California raised the possibility of a different type of financial failure than earlier ones. The beginning of the 21st century has witnessed two major economic bubbles including the dotcom and housing bubbles. These economic cycles combined with increasing health care, pension and other structural costs continue to challenge the fiscal viability of many jurisdictions. In particular, the economic and financial crisis of 2007-2008 is likely to result in potentially serious fiscal challenges for local jurisdictions.

Long-term Financial Planning for Local Government

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Publisher : GFOA
ISBN 13 : 9780891252948
Total Pages : 51 pages
Book Rating : 4.2/5 (529 download)

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Book Synopsis Long-term Financial Planning for Local Government by : Shayne Kavanagh

Download or read book Long-term Financial Planning for Local Government written by Shayne Kavanagh and published by GFOA. This book was released on 2008 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Municipal Finances

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Publisher : World Bank Publications
ISBN 13 : 0821399144
Total Pages : 528 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Municipal Finances by : Catherine D. Farvacque-Vitkovic

Download or read book Municipal Finances written by Catherine D. Farvacque-Vitkovic and published by World Bank Publications. This book was released on 2014-06-27 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book tells a fascinating story on municipal finances for local government practitioners with rich examples, global practices, and good and bad experiences the authors gained in decades of field work.

Managing Local Government Finance

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Publisher : International City/County Management Association(ICMA)
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Managing Local Government Finance by : James M. Banovetz

Download or read book Managing Local Government Finance written by James M. Banovetz and published by International City/County Management Association(ICMA). This book was released on 1996 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Management for Local Government

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Author :
Publisher : Earthscan
ISBN 13 : 1844074021
Total Pages : 1670 pages
Book Rating : 4.8/5 (44 download)

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Book Synopsis Financial Management for Local Government by : Kay Spearman

Download or read book Financial Management for Local Government written by Kay Spearman and published by Earthscan. This book was released on 2006-12 with total page 1670 pages. Available in PDF, EPUB and Kindle. Book excerpt: This series is designed to cover all aspects of sound financial management for local governments in developed and developing countries and economies in transition. Concepts of good governance, transparency and accountability are woven into the text of every chapter, and the needs and potential obstacles to greater decentralization and democracy are highlighted. Each volume is self-contained with its own Trainer's Guide, exercises and web resources. Chapters are divided into basic and advanced concepts and the detailed relationship of each topic to the others covered in the series is explained.

Financial Management for Local Governments

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.X/5 (5 download)

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Book Synopsis Financial Management for Local Governments by :

Download or read book Financial Management for Local Governments written by and published by . This book was released on 1999 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Oxford Handbook of State and Local Government Finance

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Publisher : Oxford University Press
ISBN 13 : 0199938318
Total Pages : 1056 pages
Book Rating : 4.1/5 (999 download)

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Book Synopsis The Oxford Handbook of State and Local Government Finance by : Robert D. Ebel

Download or read book The Oxford Handbook of State and Local Government Finance written by Robert D. Ebel and published by Oxford University Press. This book was released on 2012-03-21 with total page 1056 pages. Available in PDF, EPUB and Kindle. Book excerpt: State and local government fiscal systems have increasingly become vulnerable to economic changes. Over the past three decades, state and local deficits during economic recession have been larger and deeper each time. The impact of the Great Recession and its aftermath of feeble growth and lingering high unemployment has been dramatic both in scope and intensity. Before the crisis, long-term structural deficits were persistent for both individual governments and the entire sector as spending plans and patterns outpaced governments' revenue-generating capacity. The revenue systems of these governments eroded while the workloads and scope on the expenditure side of the state and local system budget continued to grow. This handbook evaluates the persistent problems in the fiscal systems of state and local governments and what can be done to solve them. It contains 35 chapters authored by 60 practitioners and academics who are renowned scholars in state and local finance. Each chapter provides a description of the discipline area, examines major developments in policy, practices and research, and opines on future prospects. The chapters are divided into four sections. Section I is a systematic discussion of the institutional, economic, and political framework that provides a background for understanding the structure and financial performance of the state and local sector. The chapters in Section II provide an overview of the various components of state and local revenue systems and how they reacted to the Great Recession. They analyze the diverse forms of taxes and charges in detail, prescribe remedies and alternatives, and examine the implications for future revenue performance. Chapters in Section III turn to spending, borrowing and financial management in the state and local sector. The focus is on the big six service delivery sectors: education, health care, human services, transportation, pensions, and housing. Section IV is a set of chapters that look ahead and speculate about how the state and local government sector's money-raising, spending, and service delivery structures will adjust to the new circumstances.

Saving Local Government

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Publisher :
ISBN 13 : 9789811643330
Total Pages : pages
Book Rating : 4.6/5 (433 download)

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Book Synopsis Saving Local Government by : Joseph Drew (Writer on public policy and governance)

Download or read book Saving Local Government written by Joseph Drew (Writer on public policy and governance) and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses squarely on the problem of saving local government in the context of extraordinary financial challenges being faced across the globe. Saving Local Government is written principally for practitioners and employs a "conversational" tone which makes complex theory both engaging and accessible. It augments world-best scholarship with Professor Joseph Drew's extensive practical experience in guiding local governments away from the brink of financial insolvency. It is thus a "must read" for local government executives, Mayors, Councillors and the regulators that oversee the sector. In Saving Local Government Professor Drew also makes a number of important contributions to address significant gaps in the scholarly literature. In particular, the book includes extensive treatment of de-amalgamation, applied natural law philosophy, Aristotelian epistemology for evaluating public policy success, as well as alternatives to financial administration. The work is therefore also compelling reading for scholars.

Financing Local Government

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Publisher : Commonwealth Secretariat
ISBN 13 : 9780850928532
Total Pages : 168 pages
Book Rating : 4.9/5 (285 download)

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Book Synopsis Financing Local Government by : Nick Devas

Download or read book Financing Local Government written by Nick Devas and published by Commonwealth Secretariat. This book was released on 2008 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decentralisation is now taking place in the public administrations of most countries of the world. This book explores the variety of methods used to ensure that fiscal decentralisation takes place alongside administrative decentralisation.

Management Policies in Local Government Finance

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Publisher : International City/County Management Association(ICMA)
ISBN 13 :
Total Pages : 636 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Management Policies in Local Government Finance by : Jay Richard Aronson

Download or read book Management Policies in Local Government Finance written by Jay Richard Aronson and published by International City/County Management Association(ICMA). This book was released on 2004 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written for all practitioners of local government finance, ICMA¿s Management Policies in Local Government Finance has long been considered the most comprehensive, most on-target text for local government managers, finance directors, and economic development planners and directors.Now in its fifth edition, this classic on financial management will help you: Develop new revenue sources Design a budget process that includes performance reporting Conduct strategic economic development Understand debt management and bond sales Use modern information systems to improve financial decisions Meet the day-to-day challenges of financial management, from procurement to labor negotiations. Completely new chapters in this revised edition address school finance, cost-benefit analysis, enterprise resource management systems, procurement, cash and investment management, and risk and insurance management. All chapters have been thoroughly updated to reflect changes in federal and state practice, new professional guidelines, and underlying changes in global and national economies.

Financing State and Local Governments

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Author :
Publisher :
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Financing State and Local Governments by : James Ackley Maxwell

Download or read book Financing State and Local Governments written by James Ackley Maxwell and published by . This book was released on 1977 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Local Public, Fiscal and Financial Governance

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Author :
Publisher : Palgrave Macmillan
ISBN 13 : 9783030367244
Total Pages : 332 pages
Book Rating : 4.3/5 (672 download)

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Book Synopsis Local Public, Fiscal and Financial Governance by : Brian Dollery

Download or read book Local Public, Fiscal and Financial Governance written by Brian Dollery and published by Palgrave Macmillan. This book was released on 2020-06-12 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive treatment of traditional as well as newer topics in local public, fiscal and financial management principles and practices. It covers traditional topics of local public management, local revenue administration with special emphasis on property tax administration, local budgeting and accounting, and methods of capital finance. Newer topics covered include political economy of local government, fiscal rules for local fiscal discipline, local government integrity and performance accountability, and municipal mergers and inter-municipal cooperation based upon relative importance and political, fiscal and administrative autonomy of local governments. The treatment is non-technical and suitable for a wide variety of audiences including scholars, instructors, students, policy advisors, and practitioners.