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Responses To Local Government Fiscal Distress
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Book Synopsis Responses to Local Government Fiscal Distress by : Laura Kurtz
Download or read book Responses to Local Government Fiscal Distress written by Laura Kurtz and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The specific research question guiding this exploratory study is: how do the methods utilized by particular municipalities to address fiscal distress, including bankruptcy, asset monetization and the issuance of debt, impact fiscal health. To answer the principal research question, six municipalities are selected for case study research in order to review and consider the circumstances surrounding such responses and the impacts thereof, and the relevant fiscal indicators and conditions that contribute to fiscal distress in each instance. By examining the context and circumstances of each case, this study offers an understanding of the variables and indicators that are present during times of local government fiscal distress, which resulted in the adoption of one of the three aforementioned strategies undertaken by the local governments studied in their attempts to eliminate such fiscal distress. This study finds that the successful cases that maintained a healthier fiscal position prior to utilizing any response, displayed initiative to improve fiscal condition, employed professional staff and developed and followed fiscal policies were better off fiscally than their unsuccessful counterparts. Finally, future research should compare, contrast and study additional types of responses through similar indicators. This study recognizes that developing such a framework requires intimate contextual and domain knowledge, as well as an awareness of the multi-causal relationships that exist between a jurisdictions external environment, its internal finances, and its management practices.
Book Synopsis Fiscal Stress Faced by Local Governments by :
Download or read book Fiscal Stress Faced by Local Governments written by and published by DIANE Publishing. This book was released on with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Resp to Local Gover Prpl27/3F by : Elsevier Science & Technology Books
Download or read book Resp to Local Gover Prpl27/3F written by Elsevier Science & Technology Books and published by . This book was released on 1988-11-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Local Government Response to Fiscal Pressure and Stress by : Kingstone Kozanai Sukuta
Download or read book Local Government Response to Fiscal Pressure and Stress written by Kingstone Kozanai Sukuta and published by . This book was released on 1982 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This thesis studies local government behavior or response in times of fiscal stress and pressure. In this particular case, fiscal stress is a situation whereby externally imposed tax cuts require strin-gent fiscal limitation on local government expenditure revenues. Local governments in Washington State have faced externally im-posed property tax cuts for the past eight years. The state legislature, in attempting to provide tax relief to property owners, passed an omnibus property tax relief bill in the 1971 Extraordinary Session. The property tax relief package included a tax levy limitation which restricted the amount levy revenue may be increased in any year. Local taxing districts were permitted no more than six percent increase per year plus assess-ments against new construction. The scope of my study involves a brief historical review of property tax cuts imposed on local government by state egislatures, courts, and state constitutions throughout the country. Factors that contribute to greater state control over local fiscal affairs using prop-erty tax limitation measure have been identified and analyzed utilizing available literature. An attempt has been made to show how local fiscal flexibility has been undermined by such measures. To demonstrate the effect and impact of tax limitation measures on local government, a case review has been conducted by analyzing the 106 percent legislative limitation. An appraisal of the aggregate impact on local government property tax revenues throughout the State of Washington has been conducted. Available literature and the City of Spokane has been used to demonstrate how local governments behave or respond under such spending limitations"--Document.
Book Synopsis State and Local Finances Under Pressure by : David L. Sjoquist
Download or read book State and Local Finances Under Pressure written by David L. Sjoquist and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: State and Local Finances under Pressure explores the future of state and local government fiscal systems given the numerous pressures they face from economic, legal, technological, demographic and political forces. It explores how these multiple forces play out in terms of the changes state and local governments should and are likely to make. The contributors argue that state and local governments must make substantial changes and that failure to act is likely to result in adverse effects and increasing pressures for modifications that are more difficult to implement and more politically unpalatable. Without reform, state and local fiscal systems will grow increasingly out of sync with economic reality. The authors suggest that government responses are likely to be evolutionary, but that in 25 years the recorded changes will be substantial. The first chapter provides a historic perspective of state and local fiscal trends. Each of the subsequent chapters describes the nature of one of the pressures state and local governments face including: political and legal forces, globalization of business, demographic and technological changes, deregulation of utilities, and urban sprawl. Policymakers, economists, political scientists, fiscal policy analysts and public administrators will find this comprehensive book of interest.
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.
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.
Book Synopsis Responses to Fiscal Crisis by : Andrew D. Glassberg
Download or read book Responses to Fiscal Crisis written by Andrew D. Glassberg and published by . This book was released on 1980 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Special Issue on the Impact of Federal Policy on State and Local Government Response to Fiscal Stress by :
Download or read book Special Issue on the Impact of Federal Policy on State and Local Government Response to Fiscal Stress written by and published by . This book was released on 2001 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 288 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
Book Synopsis The Politics of Retrenchment by : Charles H. Levine
Download or read book The Politics of Retrenchment written by Charles H. Levine and published by SAGE Publications, Incorporated. This book was released on 1981-11 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Levine, Rubin, and Wolohojian's study is an important addition to the urban politics and administration literature...The book fulfills its purpose; it is valuable for both urban administrators and students of urban administration.' -- Perspective, March 1983 '...provides valuable insights for urban theorists with a sociological interest in the political economy of retrenchment.' -- Contemporary Sociology, Vol 12 No 6, November 1983
Book Synopsis Understanding Municipal Fiscal Health by : Craig S. Maher
Download or read book Understanding Municipal Fiscal Health written by Craig S. Maher and published by Taylor & Francis. This book was released on 2023-02-01 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding Municipal Fiscal Health provides an in-depth assessment of the fiscal health of cities throughout the United States. The book examines the tools currently available to cities for designing a revenue structure, measuring fiscal conditions and measuring fiscal health. It explains how artificial policies such as tax and expenditure limitations influence fiscal policies, and how communities can overcome socioeconomic and state-policy barriers to produce strong fiscal conditions. The authors go beyond simple theory to analyze patterns of fiscal health using actual financial, demographic and TEL data from an accurate data source, the Government Financial Officers Association survey. The book offers a solid basis of empirical evidence including quantitative case studies—complete with discussion questions—to help practitioners better understand the environment in which they are functioning and the policy tools they need to help advocate for change. This book teaches the reader the science and art of municipal financial analysis, and will be invaluable for local and state officials, analysts, and students and researchers.
Book Synopsis Michigan Communities : Services Cut in Response to Fiscal Distress by : United States. General Accounting Office
Download or read book Michigan Communities : Services Cut in Response to Fiscal Distress written by United States. General Accounting Office and published by . This book was released on 1992 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Response of State-local Government Taxation to Fiscal Crisis by : James A. Papke
Download or read book The Response of State-local Government Taxation to Fiscal Crisis written by James A. Papke and published by . This book was released on 1983 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
Book Synopsis Fiscal Crisis in American Cities--the Federal Response by : Loren Kenneth Hubbell
Download or read book Fiscal Crisis in American Cities--the Federal Response written by Loren Kenneth Hubbell and published by . This book was released on 1979 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Local Government and the COVID-19 Pandemic by : Carlos Nunes Silva
Download or read book Local Government and the COVID-19 Pandemic written by Carlos Nunes Silva and published by Springer Nature. This book was released on 2022-05-03 with total page 799 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides a global perspective of local government response towards the COVID-19 pandemic through the analysis of a sample of countries in all continents. It examines the responses of local government, as well as the responses local government developed in articulation with other tiers of government and with civil society organizations, and explores the social, economic and policy impacts of the pandemic. The book offers an innovative contribution on the role of local government during the pandemic and discusses lessons for the future. The COVID-19 pandemic had a global impact on public health, in the well-being of citizens, in the economy, on civic life, in the provision of public services, and in the governance of cities and other human settlements, although in an uneven form across countries, cities and local communities. Cities and local governments have been acting decisively to apply the policy measures defined at national level to the specific local conditions. COVID-19 has exposed the inadequacy of the crisis response infrastructures and policies at both national and local levels in these countries as well as in many others across the world. But it also exposed much broader and deeper weaknesses that result from how societies are organized, namely the insecure life a substantial proportion of citizens have, as a result of economic and social policies followed in previous decades, which accentuated the impacts of the lockdown measures on employment, income, housing, among a myriad of other social dimensions. Besides the analysis of how governments, and local government, responded to the public health issues raised by the spread of the virus, the book deals also with the diversity of responses local governments have adopted and implemented in the countries, regions, cities and metropolitan areas. The analysis of these policy responses indicates that previously unthinkable policies can surprisingly be implemented at both national and local levels.
