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The Municipal Fiscal Crisis
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Book Synopsis The Municipal Financial Crisis by : Mark Moses
Download or read book The Municipal Financial Crisis written by Mark Moses and published by Springer Nature. This book was released on 2022-01-06 with total page 175 pages. 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.
Download or read book Fear City written by Kim Phillips-Fein and published by Macmillan + ORM. This book was released on 2017-04-18 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: PULITZER PRIZE FINALIST An epic, riveting history of New York City on the edge of disaster—and an anatomy of the austerity politics that continue to shape the world today When the news broke in 1975 that New York City was on the brink of fiscal collapse, few believed it was possible. How could the country’s largest metropolis fail? How could the capital of the financial world go bankrupt? Yet the city was indeed billions of dollars in the red, with no way to pay back its debts. Bankers and politicians alike seized upon the situation as evidence that social liberalism, which New York famously exemplified, was unworkable. The city had to slash services, freeze wages, and fire thousands of workers, they insisted, or financial apocalypse would ensue. In this vivid account, historian Kim Phillips-Fein tells the remarkable story of the crisis that engulfed the city. With unions and ordinary citizens refusing to accept retrenchment, the budget crunch became a struggle over the soul of New York, pitting fundamentally opposing visions of the city against each other. Drawing on never-before-used archival sources and interviews with key players in the crisis, Fear City shows how the brush with bankruptcy permanently transformed New York—and reshaped ideas about government across America. At once a sweeping history of some of the most tumultuous times in New York's past, a gripping narrative of last-minute machinations and backroom deals, and an origin story of the politics of austerity, Fear City is essential reading for anyone seeking to understand the resurgent fiscal conservatism of today.
Author :Massachusetts League of Cities and Towns. Committee on the 1969 Municipal Fiscal Crisis Publisher : ISBN 13 : Total Pages :14 pages Book Rating :4.:/5 (62 download)
Book Synopsis The Municipal Fiscal Crisis by : Massachusetts League of Cities and Towns. Committee on the 1969 Municipal Fiscal Crisis
Download or read book The Municipal Fiscal Crisis written by Massachusetts League of Cities and Towns. Committee on the 1969 Municipal Fiscal Crisis and published by . This book was released on 1969 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Municipal Fiscal Crisis by : League of California Cities
Download or read book The Municipal Fiscal Crisis written by League of California Cities and published by . This book was released on 1971 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Political Crisis/fiscal Crisis by : Martin Shefter
Download or read book Political Crisis/fiscal Crisis written by Martin Shefter and published by Columbia University Press. This book was released on 1992 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the factors that caused New York City's financial crisis in 1975 and demonstrates how these manifestations of newly evolved political alliances and systems continue to undermine the city's financial stability. It shows how these problems, which are enduring features of the city's political system, are not unique to New York but a threat to the financial stability of most major American cities. The volume won the American Political Science Association's Award for the Best Book on Urban Policy.
Download or read book Fear City written by Kim Phillips-Fein and published by Metropolitan Books. This book was released on 2017-04-18 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: "When the news broke in 1975 that New York City was on the brink of fiscal collapse, few believed it was possible: how could the capital of the financial world go bankrupt? And yet the city was billions of dollars (maybe twelve, maybe fourteen, no one even really knew how much) in the red. Bankers and politicians alike seized upon the situation as evidence that social liberalism, which New York famously exemplified, was doomed to failure; and promised apocalyptic scenarios if the city didn't fire thousands of workers, freeze wages, and slash social services. [The author] tells the remarkable story of the crisis that engulfed the city, forever transforming the largest metropolis in the United States and reshaping ideas about government throughout the country. In doing so, she brings to life a radically different New York, the legendarily decrepit city of the 1970s. Drawing on never-before-used archival sources as well as interviews with key players in the crisis, Phillips-Fein guides us through the hairpin turns and sudden reversals that brought New York City to the edge of bankruptcy, and kept it from going over."--
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 and published by Routledge. This book was released on 1984 with total page 460 pages. 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.
Book Synopsis The Fiscal Crisis of American Cities by : Roger E. Alcaly
Download or read book The Fiscal Crisis of American Cities written by Roger E. Alcaly and published by . This book was released on 1977 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Responding to Municipal Fiscal Crisis by : Robert Daddow
Download or read book Responding to Municipal Fiscal Crisis written by Robert Daddow and published by . This book was released on 1992 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781977956538 Total Pages :48 pages Book Rating :4.9/5 (565 download)
Book Synopsis Municipalities in Fiscal Crisis by : United States Government Accountability Office
Download or read book Municipalities in Fiscal Crisis written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-10-05 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Similar to the federal and state sectors, local governments are facing long-term fiscal pressures. In cases of fiscal crisis, municipalities may be required to make significant cuts to personnel that may impact their oversight of federal grants. GAO was asked to review the oversight of federal grants received by municipalities in fiscal crisis. This report (1) identifies challenges that selected municipalities in fiscal crisis experienced when managing federal grants and steps taken by those municipalities; (2) reviews the monitoring processes that federal agencies used to oversee selected grants to selected municipalities; and (3) examines actions the White House Working Group on Detroit and selected federal agencies took to assist municipalities in fiscal crisis. For this review, GAO conducted site visits to four municipalities in fiscal crisis: Detroit, Michigan; Flint, Michigan; Camden, New Jersey; and Stockton, California. GAO focused on eight grant programs administered by DHS, HUD, Justice, and DOT. The basis for selecting these grant programs included dollar amount and grant type. GAO reviewed grant oversight policies and actions for fiscal years 2009-2013 and interviewed local, state, and federal officials, including those at Treasury and OMB.
Book Synopsis The Municipal Money Chase by : Alberta Sbragia
Download or read book The Municipal Money Chase written by Alberta Sbragia and published by Routledge. This book was released on 2019-07-09 with total page 212 pages. 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.
Book Synopsis Municipal financial reporting and the New York City fiscal crisis by : Virginia E. Soybel
Download or read book Municipal financial reporting and the New York City fiscal crisis written by Virginia E. Soybel and published by . This book was released on 1990 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Managing Fiscal Stress by : Charles H. Levine
Download or read book Managing Fiscal Stress written by Charles H. Levine and published by Chatham, N.J. : Chatham House Publishers. This book was released on 1980 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Fiscal stress is a problem of growing concern to all levels of government. This volume provides in-depth analyses of the causes and consequences of financial stress, and offers solutions for managers charged with the responsibility for maintaining fiscal solvency and adequate and equitable services"--Back cover.
Book Synopsis The Fiscal Crisis of the State by : James O'Connor
Download or read book The Fiscal Crisis of the State written by James O'Connor and published by Routledge. This book was released on 2017-07-12 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal Crisis of the State refers to the tendency of government expenditures to outpace revenues in the U.S. in the late 1960s and early 1970s, but its relevance to other countries of the period and also in today's global economy is evident. When government expenditure constitutes a larger and larger share of total economy theorists who ignore the impact of the state budget do so at their own (and capitalism's) peril. This volume examines how changes in tax rates and tax structure used to regulate private economic activity. O'Connor theorizes that particular expenditures and programs and the budget as a whole can be understood only in terms of power relationships within the private economy. O'Connor's analysis includes an anatomy of American state capitalism, political power and budgetary control in the United States, social capital expenditures, social expenses of production, financing the budget, and the scope and limits of reform. He shows that the simultaneous growth of monopoly power and the state itself generate an increasingly severe social crisis. State monopolies indirectly determine the state budget by generating needs that the state must satisfy. The state administration organizes production as a result of a series of political decisions. Over time, there is a tendency for what O'Connor calls the social expenses of production to rise, and the state is increasingly compelled to socialize these expenses. The state has three ways to finance increased budgetary outlays: create state enterprises that produce social expenditures; issue debt and borrowing against further tax revenues; raise tax rates and introduce new taxes. None of these mechanisms are satisfactory. Neither the development of state enterprise nor the growth of state debt liberates the state from fiscal concerns. Similarly, tax finance is a form of economic exploitation and thus a problem for class analysis. O'Connor contends that the fiscal crisis of the capitalist state is the inev
Book Synopsis Selections from The Municipal Year Book by : Lingwen Zheng
Download or read book Selections from The Municipal Year Book written by Lingwen Zheng and published by ICMA Publishing. This book was released on 2014-04-04 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selections from The Municipal Year Book: On Strategies and Services During Fiscal Stress contains facts, figures, and research-based articles on management trends and intergovernmental relations: (1) Economic Development Strategies for Recessionary Times, (2) The Hurt Divide: Residents’ Appreciation for Local Government Services in Tough Times, (3) How Local Governments Are Navigating the Fiscal Crisis, and (4) Building Child- and Age-Friendly Communities in Tight Fiscal Times.
Book Synopsis Impact of the New York City Fiscal Crisis on the Federal Budget by : United States. Congress. House. Committee on the Budget
Download or read book Impact of the New York City Fiscal Crisis on the Federal Budget written by United States. Congress. House. Committee on the Budget and published by . This book was released on 1975 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.