This paper will examine revenue policy and its relationship to local governments. It will outline the various revenue sources usable to local governments and in turn, the unique role these revenue sources bidding in building relationships between federal, state and local governments. This investigate will show that as demographics and the economy itself change, so moldiness the revenue sources themselves change. As all levels of government face raise fiscal and budgetary pressure, local governments especially, must be active to respond. With limited options in regards to revenue collection, local policymakers and administrators must exact alternative revenue sources in an effort to continue providing all important(p) public services.
Literature Review
A review of literature in researching municipal revenue sources finds various local revenue handbooks, running(a) papers, nonprofit research studies and scholarly articles. Also of much attention are U.S. Census numbers that assist in reviewing and analyzing intergovernmental transfers. Richard stains working paper outlines the state-local relationship that is built in terms of municipal revenue sources. U.S.
Census numbers cooperate to support Dyes assertion by enlarge the importance of intergovernmental transfers to local governments over the years. Local revenue handbooks provided by numerous states also provides a unique look into the often-complicated assess structures and limited ability of local governments to raise revenue. Research studies conducted by the National League of Cities (NLC) and various municipal leagues provided important synopsis on local government revenue and the importance of local policymakers needing to stay current and forward-thinking in regards to local revenue generation. Donald Shoup, prof of Urban Planning at the University of California-Los Angeles (UCLA), provides unique insight into the unify between transportation and land usage and its effects on local economies....If you want to get a full essay, give it on our website: Ordercustompaper.com
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