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Evaluating Financial Condition

Evaluating Financial Condition
Author: Sanford M. Groves
Publisher: International City/County Management Association(ICMA)
Total Pages: 268
Release: 2003
Genre: Business & Economics
ISBN:

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This system for monitoring and reporting financial trends is a must-have tool for the manager or finance director when resources are running short


Evaluating Financial Condition

Evaluating Financial Condition
Author: Sanford M. Groves
Publisher:
Total Pages: 22
Release: 1980
Genre: Municipal finance
ISBN:

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Local Government Financial Condition Analysis

Local Government Financial Condition Analysis
Author: William Kittredge
Publisher: Createspace Independent Publishing Platform
Total Pages: 316
Release: 2004-01-05
Genre:
ISBN: 9781489566157

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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.


Evaluating Financial Condition

Evaluating Financial Condition
Author: Sanford M. Groves
Publisher: International City County Management Assn
Total Pages: 198
Release: 1986
Genre: Business & Economics
ISBN: 9780873269452

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Evaluating the Validity and Reliability of the Financial Condition Index for Local Governments

Evaluating the Validity and Reliability of the Financial Condition Index for Local Governments
Author: Benjamin Y. Clark
Publisher:
Total Pages: 36
Release: 2015
Genre:
ISBN:

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Understanding the financial condition of local governments is important for public managers and elected officials as they work to align revenues with public demands for services, while maintaining financial solvency. This task becomes even more important when the economic and financial environment, over which local officials have little to no control, is collapsing around them. This article seeks to expand the literature of measuring financial condition of local governments by testing the validity and reliability of the Financial Condition Index (FCI). The FCI is a framework for evaluating financial condition that was initially developed by Groves, Godsey, and Shulman (1981) and later applied in US state-level studies by a number of scholars (Wang, Dennis, and Tu 2007; Arnett 2011). The results from this article cast serious doubt on the applicability of using the FCI, and the four associated solvency dimensions, as an appropriate methodology for evaluating local government financial condition.


Fiscal Health for Local Governments

Fiscal Health for Local Governments
Author: Beth Walter Honadle
Publisher: Elsevier
Total Pages: 288
Release: 2003-12-18
Genre: Business & Economics
ISBN: 0080472788

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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