Download or read book State Government Fiscal Stress and Federal Assistance written by Robert Jay Dilger and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the current status of state fiscal conditions and the role of federal assistance in state budgets. It begins with a brief overview of state budgeting procedures and then provides budgetary data comparing state fiscal conditions in FY2008 to FY2010. This report concludes with an assessment of the consequences current levels of state fiscal stress may have for the 112th Congress.
Download or read book State Government Fiscal Stress and Federal Assistance written by Robert Dilger and published by CreateSpace. This book was released on 2014-10-31 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: No two state budgets are alike. States have different budget cycles, different ways of preparing revenue estimates and forecasts, different requirements concerning their operating and capital budgets, different roles for their governors in the budget process, and different policies concerning the carrying over of operating budget deficits into the next fiscal year.
Download or read book Targeted Fiscal Assistance to State and Local Governments written by United States. Congress. Senate. Committee on Finance. Subcommittee on Revenue Sharing, Intergovernmental Revenue Impact, and Economic Problems and published by . This book was released on 1979 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Fiscal Crisis of the States written by Steven David Gold and published by Georgetown University Press. This book was released on 1995 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the federal government has cut back its support for domestic services, state governments increasingly have been forced to assume a leadership position. In this book, prominent experts describe and analyze how state governments in the 1990s have coped with fiscal stress through changes in tax and spending policies, as well as through attempts to "reinvent government" by abandoning long-established policies. In an era when state budgets verge on the brink of deficit, state governments face the difficult task of reconciling the public's wish for low taxes with its desire for increased services--better schools, improved health systems, more prisons. This volume provides both a comparative overview of the fifty states as they try to meet conflicting needs and incisive case studies of six states with a reputation for being national leaders--California, Connecticut, Florida, Massachusetts, Michigan, and Minnesota. It explores how much substance there is to claims that states were successful in developing innovative policies. The Fiscal Crisis of the States draws upon research to analyze what is really happening in the state capitols. Boiling down the diverse experiences of various states into a number of important lessons, this book will be a valuable resource for academics, policymakers, and public administrators, as well as the general reader, to understand the reality of state fiscal policies.
Download or read book State Governments the Effects of Health Care Program Expansion in a Period of Fiscal Stress written by United States. Advisory Council on Social Security (1989-1991) and published by . This book was released on 1991 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
Download or read book Growth and Variability in State Tax Revenue written by Randall G. Holcombe and published by Bloomsbury Publishing USA. This book was released on 1997-10-28 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: During recessions state government fiscal crises are widespread, as states find their revenues inadequate to meet their expenditure demands. This volume shows that state fiscal crises have only one significant cause: revenue downturns associated with recessions. Other analysts have argued that fiscal crises are the result of an interaction of many complex causes, including inadequate tax bases, increasing expenditure demands, and limits placed on state governments by voters. This analysis examines these other factors and shows that while they present significant challenges to state policymakers, they are not the cause of fiscal crises. The book presents an improved methodology for measuring cyclical variability of revenues and uses this methodology to show that there is no way to restructure state tax systems in order to appreciably reduce the fiscal stress associated with recessions. Fiscal stress can be lessened by setting aside revenues during prosperous years in a rainy day fund, but current rainy day funds are not large enough to eliminate the fiscal stress caused by recessions.
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.
Download or read book The Fiscal Strains on State Governments written by Arthur Horváth and published by Nova Science Publishers. This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: States have different budget cycles, different ways of preparing revenue estimates and forecasts, different requirements concerning their operating and capital budgets, different roles for their governors in the budget process, and different policies concerning the carrying over of operating budget deficits into the next fiscal year. Although no two state budgets are alike, all fifty states experienced heightened levels of fiscal stress during FY2009 and FY2010. The national economic recession, which officially lasted from December 2007 to June 2009, led to lower levels of economic activity throughout the nation and reduced state tax revenues. This book examines the current status of state fiscal conditions and the role of federal assistance in state budgets. It begins with a brief overview of state budgeting procedures and then provides budgetary data comparing state fiscal conditions in FY2008 to FY2010.
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:
Download or read book Running in the Red written by Irene S. Rubin and published by State University of New York Press. This book was released on 1983-06-30 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This case study of a politically reformed, middle-sized Midwestern city provides a model of fiscal stress that contrasts sharply with that of America's vast metropolitan centers. Dr. Rubin examines the interaction of social, political, and economic causes of the city's predicament. She then goes on to analyze the specific factors that solved the city's problems over a six-year period. Finally, she offers a self-correcting mechanism that would allow a city to save itself from financial trouble without direct state or federal assistance. This study suggests that local political factors were even more important than national factors in contributing to the city's fiscal stress. It also brings into question the theory that generosity to the poor creates urban fiscal stress and that giving less to the poor will solve urban financial problems.
Download or read book The Encyclopedia of Taxation Tax Policy written by Joseph J. Cordes and published by The Urban Insitute. This book was released on 2005 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.
Download or read book Federal Role in State Fiscal Stress written by Steven David Gold and published by . This book was released on 1992* with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
Download or read book State Fiscal Conditions written by Steven David Gold and published by . This book was released on 1987 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fiscal Stress in New York State Counties written by Catheryn Obern and published by . This book was released on 1987 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book State Fiscal Crises written by David T. Mitchell and published by . This book was released on 2018 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the most recent recession, many state governments faced substantial budget shortfalls.State politicians often blame the fiscal crises created by those shortfalls on factors largely outside their control, such as the declining economy or reductions in federal aid. Others have suggested that what state politicians themselves do, especially during expansionary years?whether they enact rapid spending increases, implement large tax cuts, increase the size of their rainy day funds, or take some combination of these actions?may be an important factor contributing to budget shortfalls during recessions. We examine these competing hypotheses and tend to find a positive relationship between spending growth (both current and lagged) and fiscal stress during recessions and a negative relationship between the size of rainy day funds and fiscal stress. We tend not to find a significant relationship between fiscal stress and either the unemployment rate or federal aid. That lack of a significant relationship supports the idea that politicians have greater control over the fate of the state's finances than they often claim. It also illustrates the importance of spending restraint and rainy day funds as strategies for minimizing fiscal stress.
