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Public Financing of Community Services

Published online by Cambridge University Press:  28 April 2015

Everett E. Peterson
Everett E. Peterson*
Affiliation:
University of Nebraska
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Extract

“Governors predict bankruptcy for their states in the immediate future if additional funds are not forthcoming. Mayors forecast a total collapse of city services unless they receive additional revenues from the state and Federal governments. Taxpayers are faced with increased rates of existing taxes or the imposition of new taxes. Indeed, the nation's Federal system of government appears to be in fiscal jeopardy.”-New England Letter, First National Bank of Boston, June, 1971.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 4 , Issue 1 , July 1972 , pp. 29 - 34
Copyright
Copyright © Southern Agricultural Economics Association 1972

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References

[1]Advisory Commission on Intergovernmental Relations, Measuring the Fiscal Capacity and Effort of State and Local Areas, ACIR Report M-58, Washington, March 1971.Google Scholar
[2]Advisory Commission on Intergovernmental Relations, State-Local Finance and Suggested Legislation, 1971 Edition, ACIR Report M-57. Washington, 1971.Google Scholar
[3]Eiker-Racz, L.L., The Politics and Economics of State-Local Finance, Englewood Cliffs: Prentice-Hall, 1970.Google Scholar
[4]Elazar, Daniel J., “Are We A Nation Of Cities?” The Public Interest, No. 4, Summer, 1966.Google Scholar
[5]Fleming, T.F. Jr., “State and Local Government Spending in 1975,” Monthly Labor Review, August 1971, pp. 19–28.Google Scholar
[6]U.S. Department of Commerce, Bureau of the Census, Government Finances in 1969-70, Washington: Government Printing Office, 1971.Google Scholar
[7]Welch, Ronald B., A Look Ahead, paper presented at the 6th Annual Conference of the Committee on Taxation, Resources, and Economic Development, University of Wisconsin, July 6-8, 1967.Google Scholar