Titlebook: Local Government Budget Stabilization; Explorations and Evi Yilin Hou Book 2015 The Editor(s) (if applicable) and The Author(s), under excl

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Local Government Debt Management and Budget Stabilization, incongruent timing of revenue receipts and expenditure payments, most state and local governments have balanced budget requirements that restrict the use of short-term debt for current (or operating) budget expenditures. Long-term debt may be used to leverage operating resources to enhance infrastr

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Impact of Tax and Expenditure Limitations on Local Government Savings,rvices has been curtailed by widespread adoption of limits on taxing and/or spending authority. Studies show these limits fundamentally altered the fiscal landscape of municipal governments. Using data on county governments for the period 1970–2004, this analysis shows TELs had a negative impact on

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Inherent System Dynamics of Instability and Resilience in Nonprofit Human Services, and that decisions to save in order to smooth resources across the business cycle may be, in part, outside of the control of any single organization. The conclusion drawn from the analysis points to a need for more sufficient reserve funds in the sector. But, the discussion of barriers in the insti

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