Financing State and Local Governments is popular PDF and ePub book, written by J. Richard Aronson in 2010-12-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Financing State and Local Governments can be Read Online from any device for your convenience.
Financing State and Local Governments Book PDF Summary
State and local governments are at a financial crossroads. As the federal government attempts to reduce its deficits, state governments will have to provide a greater share of support for mandatory social programs. Local governments face demands for new initiatives in education and for civic improvements. Both have obligations to employee pension plans that are large and still relatively untested. Running counter to these claims on state and local budgets is a voter effort to limit the amounts that governments may tax or spend. This fourth edition of James A. Maxwell's classic and widely acclaimed book will help both layman and lawmaker understand the choices open to their governments. It provides a lucid, nontechnical analysis of state and local finance. It gives concise descriptions of the taxes, grants, debt issues, and user charges that finance state and local government and discusses their relative virtues and drawbacks. It traces the history of state and local finance and presents statistical data on expenditures, federal aid, revenue from taxes and user charges, debt, and pension funds. The new edition, in recognition of changes since the mid-1970s, also includes a separate chapter on financing education and broadened analyses of federal grant programs, employee retirement systems, and nonguaranteed municipal debt.
Detail Book of Financing State and Local Governments PDF
- Author : J. Richard Aronson
- Release : 01 December 2010
- Publisher : Brookings Institution Press
- ISBN : 0815716273
- Genre : Business & Economics
- Total Page : 298 pages
- Language : English
- PDF File Size : 12,5 Mb
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