Research handbook on city and municipal finance / edited by Craig L. Johnson (Associate Professor of Public Finance and Policy Analysis), Temirlan T. Moldogaziev (Associate Professor of Public Finance and Management), and Justin M. Ross (Professor of Public Finance and Economics, Paul H. O'Neill School of Public and Environmental Affairs, Indiana University, Bloomington, US).

Format:

Book

Contributor:

Johnson, Craig L., editor.

Moldogaziev, Temirlan T., editor.

Ross, Justin M., editor.

Edward Elgar Publishing, publisher.

Series:

Elgar handbooks in public administration and management

Language:

English

Subjects (All):

Municipal finance--Research.

Municipal finance.

Genre:

Electronic books.

Physical Description:

1 online resource (518 pages)

Place of Publication:

Northampton : Edward Elgar Publishing, 2023.

Summary:

"This timely Handbook explores the handling of city and municipal finances in the 21st century. It examines the impact of the Great Recession and Covid-19 pandemic on cities and municipalities, highlighting strengths, weaknesses, and avenues for future progress in city and municipal financial management. Bringing together leading global scholars of public finance and budgeting, economics, law, political science and policy analysis, this Handbook scrutinises how cities and municipalities have adapted after crisis periods. It combines theoretical ideas, empirical findings and practical applications, focusing on federalist systems as well as including global case studies from diverse governance contexts. Contributors analyse sources of revenue for cities and municipalities, critical areas of spending, fiscal structure, budgeting, debt, pensions and financial resilience. Forward thinking, it considers the strength and resilience of city and municipal finances in meeting long-term liabilities and responding to short-term crises. This Handbook will be an invaluable resource for students and scholars of public finance and administration, urban economics, and political economy. Providing cutting-edge policy recommendations, it will also be a highly useful guide for policy-makers and administrators seeking to effectively guide city and municipal finances"-- Provided by publisher.

Contents:

Contents: Introduction to the research handbook on city and municipal finance / Craig L. Johnson, Temirlan T. Moldogaziev, and Justin M. Ross

Part I. Raising revenues and spending funds

1. Municipal revenues: Data dilemmas, structures, and trends / Justin M. Ross and Lanjun Peng

2. Property taxes and municipal finance / Joan Youngman

3. Local option taxes / Whitney Afonso

4. The growing role of nontax revenue sources in American cities / Min Su

5. Municipalities in the intergovernmental revenue system: The federal government's stabilization function? / Amanda Kass, Christiana McFarland, Farhad Omeyr, and Michael A. Pagano

6. The role of cities and public health expenditures in the covid-19 era / Yusun Kim

7. Spending on physical infrastructure: Is it enough? / Yonghong Wu

8. Mitigating fiscal risk through municipal cybersecurity / Douglas A. Carr

Part II. Fiscal organization structure, budgeting, and financial condition

9. The role of special districts and intergovernmental constraints / Christopher B. Goodman

10. Municipal financial risks: Special-purpose district financial health during covid-19 / Temirlan T. Moldogaziev, Marc Joffe, and Allan Wheeler

11. Municipal budgets, balance sheets, and acute fiscal shock / Robert S. Kravchuk

12. Understanding financial success: An exploration of the determinants of fiscally healthy cities / Bruce D. McDonald III and Michaela E. Abbott

13. State intervention in local government fiscal distress / Lang (Kate) Yang

14. The fiscal structure of county governments from 2002 to 2019: The impact of the Great Recession and the run-up to the covid-19 pandemic / Craig L. Johnson, Luis Navarro, and Andrey Yushkov

Part III. Debt and pensions

15. The security, structure, and market of municipal debt: Recent trends, research, and developments / W. Bartley Hildreth and Justina Jose

16. The status of municipal financial intermediaries after the financial crisis and dodd-frank: Underwriters, insurers, advisors, and credit rating agencies / Martin J. Luby and Joshua E. Terkel

17. The structure of county government debt from 2002 to 2020: The financial crisis, the Great Recession, and the covid-19 pandemic / Craig L. Johnson, Andrey Yushkov, and Luis Navarro

18. The impact of fiscal rules on local debt: Credit ratings, borrowing costs, and debt levels / Sungho Park, Craig S. Maher, and Steven C. Deller

19. Do municipal pensions matter? A review of pensions' impact on us local governments / Gang Chen

Part IV. City and municipal finance across the globe

20. Municipal finance in federalist systems / Chris Thayer, Alex Hathaway, and Jorge Martinez-Vazquez

21. Municipal finances in unitary systems: The effects of crises on financial autonomy in four European countries / Ringa Raudla, Mark Callanan, Kurt Houlberg, and Filipe Teles

22. Government financial resilience - a European perspective / Carmela Barbera, Bernard Kofi Dom, C.line du Boys, Sanja Korac, Iris Saliterer, and Ileana Steccolini

23. Measuring urban financial resilience: A resource flow perspective / Christine R. Martell and Temirlan T. Moldogaziev

24. Managing crises and public financial management in singapore / Hui (Cynthia) Li and Chang Yee Kwan

Conclusion: Themes and directions for future research / Craig L. Johnson, Temirlan T. Moldogaziev, and Justin M. Ross

Index.

Notes:

Includes bibliographical references and index.

Description based on print record.

ISBN:

9781800372962 (e-book)

Access Restriction:

Restricted for use by site license.