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Financing State and Local Governments (Studies of Government Finance : Second Series) by J.Richard Aronson John L.Hilley, J Richard Aronson, John L Hilley, James Ackley Maxwell, Aronson, Richard J., Hilley, John L., Jay Richard Aronson, J. Richard Aronson is a book available to read on EtoBox.

What is Financing State and Local Governments (Studies of Government Finance : Second Series) about?

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 c

Author

J.Richard Aronson John L.Hilley, J Richard Aronson, John L Hilley, James Ackley Maxwell, Aronson, Richard J., Hilley, John L., Jay Richard Aronson, J. Richard Aronson

Publisher

The brookings institution

Published

1986

Language

EN

ISBN

9780815755180

Subjects

Political Science, Finance, Economics