State And Local Fiscal Policy

Author : Scott R. Mackey,Judy A. Zelio
Publisher : National Conference of State Legislatures
Page : 0 pages
File Size : 53,6 Mb
Release : 1997
Category : Decentralization in government
ISBN : 1555165591

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Critical Issues in State-local Fiscal Policy by Scott R. Mackey,Judy A. Zelio Pdf

The United States is undergoing a transition as state governments reclaim responsibilities that the federal government had assumed earlier in the century. Sorting out which governmental body should take charge of various services is the subject of this report. It focuses on two critical issues in the relationship between state and local governments: which level of government should finance services, and which level of government should deliver those services. Delegating governmental responsibilities presumes that a more fundamental question has been answered--whether government should provide the service at all--has been considered and answered affirmatively. The following five principles constitute a framework for sorting out responsibilities between state and local governments: (1) provide the clearest possible separation of responsibility between state and local governments; (2) assign program responsibility to the lowest possible level of government unless there is an important reason to do otherwise; (3) consider the fiscal effects of state mandates on local governments; (4) assume state responsibility for programs where uniformity or statewide benefits will result; and (5) provide state financial assistance to local governments that have the lowest capacity to raise their own revenue. Case studies are included to illustrate each principle. Principle 1 covers "The Special Case of Education" (p.5). (RJM)

Author : Sally Wallace
Publisher : Edward Elgar Publishing
Page : 278 pages
File Size : 46,7 Mb
Release : 2010
Category : Political Science
ISBN : 1848444249

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State and Local Fiscal Policy by Sally Wallace Pdf

The last few decades have presented a new set of challenges and opportunities for public finances. Demographic trends have put substantial pressure on non-discretionary public expenditures such as health care, while legal challenges have put pressure on education financing. The author illustrates how these national trends have also impacted state and local finances - some directly, others indirectly. The economic downturn further constrains state and local governments' options for dealing with national trends. Constituents' sentiment toward the size of government further exacerbates fiscal choices for state and local governments.In this broad and illuminating volume, experts on public finance discuss innovations in state and local tax policy implemented or considered over the course of the last three decades. The authors provide original work that analyzes whether state and local governments have 'gone outside the box' to deal with the strains of current public finances or have gotten along by adhering to the status quo. Well-known scholars in the area of state and local public finance consider actual practices and analyze potential policy changes for the future.Public policy and public finance scholars and students as well as policy makers will find much of interest in this impressive and original collection.

Author : Hathaway, Alex,Martinez-Vazquez, Jorge,Thayer, Chris
Publisher : Edward Elgar Publishing
Page : 384 pages
File Size : 48,8 Mb
Release : 2021-12-14
Category : Business & Economics
ISBN : 9781800886414

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Tools for State and Local Fiscal Management by Hathaway, Alex,Martinez-Vazquez, Jorge,Thayer, Chris Pdf

Governments have always endured economic woes, but the increasing severity of such challenges, from the Great Recession starting in 2008 to the unprecedented impact of the COVID-19 pandemic, highlights the need for better-developed fiscal analysis capacity in governments of all sizes using the most practical—yet robust—techniques available. This volume presents an array of real-world analytical approaches in a variety of service areas at the core of state and local government.

Author : Ronald C. Fisher
Publisher : Taylor & Francis
Page : 772 pages
File Size : 47,7 Mb
Release : 2022-11-21
Category : Business & Economics
ISBN : 9781000713558

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State and Local Public Finance by Ronald C. Fisher Pdf

State and Local Public Finance provides a comprehensive and sophisticated analysis of state and local government public finance practices and issues, using the basic tools of economics. This fifth edition maintains its focus on key local services such as education, health care, and transportation and brings in new coverage of land use and housing, applications from behavioral economics, and more international comparisons. This textbook provides an examination and analysis of public finance practices and problems in a federal fiscal system, focusing on the fiscal behavior and policies of state and local governments. Modern economic theory is applied to examine the way key institutions are used to produce and finance services and to provide evaluation of alternative policies. This stalwart text will continue to be invaluable reading for those who study public finance, local government finance, urban economics, public policy, and public administration.

Author : Johnson, Craig L.,Luby, Martin J.,Moldogaziev, Tima T.
Publisher : Edward Elgar Publishing
Page : 320 pages
File Size : 46,5 Mb
Release : 2021-11-09
Category : Business & Economics
ISBN : 9781800370937

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State and Local Financial Instruments by Johnson, Craig L.,Luby, Martin J.,Moldogaziev, Tima T. Pdf

The ability of a nation to finance its basic infrastructure is essential to its economic well-being in the 21st century. This second edition of State and Local Financial Instruments covers the municipal securities market in the United States from the perspective of its primary capital financing role in a fiscal federalist system, where subnational governments are responsible for financing the nationÕs essential physical infrastructure.

Author : Rudolph Gerhard Penner
Publisher : Unknown
Page : 12 pages
File Size : 46,7 Mb
Release : 1998
Category : Finance, Public
ISBN : CORNELL:31924082783212

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A Brief History of State and Local Fiscal Policy by Rudolph Gerhard Penner Pdf

Author : David Brunori
Publisher : Rowman & Littlefield
Page : 170 pages
File Size : 52,6 Mb
Release : 2019-07-26
Category : Political Science
ISBN : 9781538131176

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Local Tax Policy by David Brunori Pdf

Local Tax Policy: A Primer provides the definitive discussion of how local governments raise revenue. The book addresses the fundamental influences on local tax and revenue policy including interjurisdictional competition, the politics of anti-taxation, and the relationships with state and federal governments.

Author : Ronald C. Fisher
Publisher : Routledge
Page : 689 pages
File Size : 42,7 Mb
Release : 2018-09-03
Category : Business & Economics
ISBN : 9781317513841

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State and Local Public Finance by Ronald C. Fisher Pdf

Now in its 4th edition, State and Local Public Finance provides a comprehensive and sophisticated analysis of state and local government public finance practices and issues, using the basic tools of economics. For this new edition, there is a focus on the most important services provided in the state-local sector: education, health and welfare, public safety, and transportation. This textbook provides an examination and analysis of public finance practices and problems in a federal fiscal system, focusing on the fiscal behaviour and policies of state and local governments. The author presents detailed descriptions of significant institutions. Modern economic theory is applied to examine the way these institutions are used to produce and finance services, and to provide evaluation of alternative policies. Although the emphasis is on U.S. institutions and issues, much of the economic analysis can be applied to any federal system or to fiscal decentralization. This fully revised new edition sees updates throughout to data, topics, and applications. The Headlines and Applications sections reflect the most current policy issues affecting state and local governments. These include the effects of the Great Recession on state and local governments, changes in the tax treatment of internet purchases, the Affordable Care Act and implications for Medicaid spending by state governments, demographic changes and the implications for state-local finances, the implications of changes in automobile technology for transportation financing, and the potential for increased gambling activity. This text will continue to be invaluable reading for those who study public finance, local government finance, urban economics and public policy and public administration.

Author : Harvey S. Rosen
Publisher : University of Chicago Press
Page : 250 pages
File Size : 49,6 Mb
Release : 2007-12-01
Category : Business & Economics
ISBN : 9780226726250

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Studies in State and Local Public Finance by Harvey S. Rosen Pdf

In fiscal year 1981-82, state and local government spending actually exceeded federal nondefense spending. However, past research in public finance has focused on federal spending and policies and paid little attention to the economic problems of state and local governments. Studies in State and Local Public Finance goes far in correcting this omission. Developed from a National Bureau of Economic Research conference on state and local financing, the volume includes papers summarizing and extending recent research as well as commentaries. Covering a wide range of topics, the papers share an empirical orientation and a concern with policy issues. The first two papers look at the role of tax-exempt bonds in local public finance. Their findings suggest that tax policies significantly affect municipal borrowing practices and that financial advantage can be achieved under certain of these practices. Other papers address specific issues related to state and local tax policy: the impact of local taxes on location decisions; efficient road-use charges for trucks; and the relation of income and general sales tax systems over time. Examining issues related to United States federalism, the last paper focuses on the impact of federal grant aid to states. The research and findings these papers report make an important contribution to the study of local public finance and should be of particular interest to policymakers and those involved in private and public financing at the local, state, or federal level.

Author : George F. Break,Brookings Institution
Publisher : Washington, Brookings Institution [1967]
Page : 302 pages
File Size : 41,5 Mb
Release : 1967
Category : Business & Economics
ISBN : UOM:39015056045498

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Intergovernmental Fiscal Relations in the United States by George F. Break,Brookings Institution Pdf

USA. Conference paper and summary of discussions on the need for a fiscal policy based on local level, state and national level cooperation - includes expenditure for education and for research and welfare, taxation as part of the gross national product, urban area fiscal problems, forecasts, etc. Statistical tables. Conference held in Washington 1965 November 18 and 19.

Author : David Brunori
Publisher : The Urban Insitute
Page : 176 pages
File Size : 49,6 Mb
Release : 2003
Category : Business & Economics
ISBN : STANFORD:36105114359040

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Local Tax Policy by David Brunori Pdf

Local governments across the United States are struggling to raise revenue to pay for public services. Increased demands by citizens for more and better services; the ever-rising costs of providing services; and a plethora of legal and political restrictions on raising tax revenue have left many American local governments in dire fiscal straits. The fiscal autonomy of local governments has been declining for several decades. By ceding financial control to the states, localities cede political control over their affairs. Paralleling this loss of financial and political control, local governments are losing control over the property tax, their most stable and reliable source of revenue. Brunori explores the roots of the current fiscal crisis and evaluates various relief proposals. He champions the property tax, offering a blueprint for strengthening this oft-maligned instrument and returning the tax autonomy that has been vital to the success of the American political and economic systems.

Author : David Brunori
Publisher : The Urban Insitute
Page : 164 pages
File Size : 40,8 Mb
Release : 2005
Category : Business & Economics
ISBN : 0877667268

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State Tax Policy by David Brunori Pdf

Author : Joseph J. Cordes,Robert D. Ebel,Jane Gravelle
Publisher : The Urban Insitute
Page : 522 pages
File Size : 54,7 Mb
Release : 2005
Category : Business & Economics
ISBN : 0877667527

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The Encyclopedia of Taxation & Tax Policy by Joseph J. Cordes,Robert D. Ebel,Jane Gravelle Pdf

"From adjusted gross income to zoning and property taxes, the second edition of The Encyclopedia of Taxation and Tax Policy offers the best and most complete guide to taxes and tax-related issues. More than 150 tax practitioners and administrators, policymakers, and academics have contributed. The result is a unique and authoritative reference that examines virtually all tax instruments used by governments (individual income, corporate income, sales and value-added, property, estate and gift, franchise, poll, and many variants of these taxes), as well as characteristics of a good tax system, budgetary issues, and many current federal, state, local, and international tax policy issues. The new edition has been completely revised, with 40 new topics and 200 articles reflecting six years of legislative changes. Each essay provides the generalist with a quick and reliable introduction to many topics but also gives tax specialists the benefit of other experts' best thinking, in a manner that makes the complex understandable. Reference lists point the reader to additional sources of information for each topic. The first edition of The Encyclopedia of Taxation and Tax Policy was selected as an Outstanding Academic Book of the Year (1999) by Choice magazine."--Publisher's website.

Author : Craig L. Johnson,Martin J. Luby,Tima T. Moldogaziev
Publisher : Edward Elgar Publishing
Page : 288 pages
File Size : 44,8 Mb
Release : 2014-09-26
Category : Electronic books
ISBN : 9781783476176

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State and Local Financial Instruments by Craig L. Johnson,Martin J. Luby,Tima T. Moldogaziev Pdf

The ability of a nation to finance its basic infrastructure is essential to its economic well-being in the 21st century. This book covers the municipal securities market in the United States from the perspective of its primary capital financing role in

Author : David L. Sjoquist
Publisher : Edward Elgar Publishing
Page : 368 pages
File Size : 54,8 Mb
Release : 2003
Category : Business & Economics
ISBN : STANFORD:36105026621529

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State and Local Finances Under Pressure by David L. Sjoquist Pdf

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.