The control of municipal budgets : toward the effective design of tax and expenditure limitations

Bibliographic Information

The control of municipal budgets : toward the effective design of tax and expenditure limitations

David Merriman

Quorum Books, 1987

Available at  / 31 libraries

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Note

Bibliography: p. [157]-166

Includes index

Description and Table of Contents

Description

The first comprehensive analysis of the design and effects of tax and expenditure limitations (TELs), The Control of Municipal Budgetsshows how limitation measures have worked and offers practical guidelines for analyzing and designing such programs under current economic and political conditions. Looking first at the characteristics of different types of TELs, Merriman discusses the various ways in which limitations may be imposed. He next reviews the history and current status of TELs, beginning with control efforts imposed more than a century ago, and comments on the long-range consequences of such measures. He examines conventional government budgeting models (those not governed by TELs) and then develops a model for government behavior under a TEL that will enable decisionmakers and analysts to understand how the effects of a TEL are related to its design. In an analysis of New Jersey's Cap Law, the author applies the analytical model to a concrete instance and presents new evidence on specific effects of TEL programs.

Table of Contents

What Are Tax and Expenditure Limitations? The History and Current Status of Tax and Expenditure Limitations Government Budgeting in the Absence of TELs A Theoretical Examination of Government Behavior Under a TEL An Empirical Study of New Jersey's Cap Law Summary, Conclusions and Caveats Bibliography Index

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