Responses To Local Government Fiscal Distress PDF Download
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Author | : Laura Kurtz |
Publisher | : |
Total Pages | : |
Release | : 2016 |
Genre | : |
ISBN | : |
Download Responses to Local Government Fiscal Distress Book in PDF, ePub and Kindle
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.
Author | : |
Publisher | : DIANE Publishing |
Total Pages | : 10 |
Release | : |
Genre | : |
ISBN | : 1437944388 |
Download Fiscal Stress Faced by Local Governments Book in PDF, ePub and Kindle
Author | : Elsevier Science & Technology Books |
Publisher | : |
Total Pages | : |
Release | : 1988-11-01 |
Genre | : |
ISBN | : 9780080368719 |
Download Resp to Local Gover Prpl27/3F Book in PDF, ePub and Kindle
Author | : Kingstone Kozanai Sukuta |
Publisher | : |
Total Pages | : 166 |
Release | : 1982 |
Genre | : Local government |
ISBN | : |
Download Local Government Response to Fiscal Pressure and Stress Book in PDF, ePub and Kindle
"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.
Author | : Ileana Steccolini |
Publisher | : Emerald Group Publishing |
Total Pages | : 256 |
Release | : 2017-06-07 |
Genre | : Political Science |
ISBN | : 1787149153 |
Download Governmental Financial Resilience Book in PDF, ePub and Kindle
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.
Author | : Andrew D. Glassberg |
Publisher | : |
Total Pages | : 38 |
Release | : 1980 |
Genre | : Economics |
ISBN | : |
Download Responses to Fiscal Crisis Book in PDF, ePub and Kindle
Author | : Helisse Levine |
Publisher | : Jones & Bartlett Publishers |
Total Pages | : 574 |
Release | : 2012 |
Genre | : Business & Economics |
ISBN | : 0763792306 |
Download Handbook of Local Government Fiscal Health Book in PDF, ePub and Kindle
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.
Author | : |
Publisher | : |
Total Pages | : 139 |
Release | : 2001 |
Genre | : Intergovernmental fiscal relations |
ISBN | : |
Download Special Issue on the Impact of Federal Policy on State and Local Government Response to Fiscal Stress Book in PDF, ePub and Kindle
Author | : David L. Sjoquist |
Publisher | : Edward Elgar Publishing |
Total Pages | : 368 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : |
Download State and Local Finances Under Pressure Book in PDF, ePub and Kindle
Exploring the future of state and local government fiscal systems given the numerous pressures they face from economic, legal, technological, demographic and political forces, this book looks at how these multiple forces play out in terms of the changes state and local governments should or are likely to make. 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. 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.
Author | : Charles H. Levine |
Publisher | : SAGE Publications, Incorporated |
Total Pages | : 232 |
Release | : 1981-11 |
Genre | : Business & Economics |
ISBN | : |
Download The Politics of Retrenchment Book in PDF, ePub and Kindle
'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