Local Government Finance Term Papers

To start this term paper, you must first read this book "Aronson and Schwartz, Management Policies in Local Government Finance, Chapters 4, 5, and 6." and do the paper .

Short Paper Options Available for Session II; If chosen, Short Paper due no later than July 7th:

1. The text recommends different forecasting techniques for different types of revenues and expenditures. Econometric techniques are generally the best option for projecting revenues, particularly those revenue streams that are affected by changes in the local economy. While deterministic techniques are often best suited for projecting expenditures, in practice, local government usually makes extensive use of to other techniques. Select a local government revenue source or expenditure and discuss it in detail. What types of data are needed to forecast the revenue stream or expenditure? What forecasting techniques are best in your particular situation, and how are forecasts shared with elected officials?

2. The most important fiscal role of local government is to decide on the level and mix of taxes and expenditures that best match the needs and preferences of the local populations. How can the local government best accomplish this important task? What steps should the government take to ensure the optimum level and mix of revenue streams and expenditures? What is the role of the public in this task? What is the role of the financial manager?

3. Focusing on issues associated with financing capital improvements and issuing bonds, what types of financing mechanisms have been used to support capital improvements budgets? Which capital improvements are funded through pay-as-you-go, or with pay-as-you-use mechanisms? What is local government’s recent experience with bonds and which types have been approved? Have citizens generally supported bond issues?

Custom Local Government Finance Term Papers from Paper Masters

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