Local Government Multi-Year Budgetary Forecasting: Some Administrative and Political Issues

Schroeder, Larry

doi:10.2307/975533

Cited by 21 publications

(18 citation statements)

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“…However despite these limitations the multi-year budget outlook can provide information which is otherwise during the decision making often missing: Decision concerning a new capital project should take into account not only the current costs but also the future operating and maintenance spending and debt service costs in case of debt financing (Schroeder, 1982). Other uses include consideration of fiscal impact of zoning (i.e.…”

Section: Multi-year Budget Outlook As a Part Of The Municipal Budgetamentioning

confidence: 99%

“…Prudent financial planning however requires a multiyear perspective in order to react in advance to changes in the environment. This disproportion can be solved by a multi-year budget outlook which lengthens the time perspective of the elected officials beyond their term in office (Schroeder, 1982). At the same time the preparation of the annual budget should be based on the multi-year budget outlook (Kotrba, 2003).…”

Section: Introductionmentioning

confidence: 99%

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Municipal Budget Outlooks: Are They Really Utilised?

Sedmihradská¹

2015

AAK

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The objective of the paper is to evaluate the role which the multi-year budget outlook has in the budgetary process and to explore its usage in the Czech municipalities. The analysis is based on the published multi-year budget outlooks in 131 Czech towns with more than 10 thousand inhabitants and two case studies. Compilation of the multi-year budget outlook in the Czech Republic is compulsory and its legal regulation allows a broad range of existing practice. Only about a half of the towns publishes a valid multi-year budget outlook on the Internet. The time span of the documents is evenly distributed between two to five years and the detail differs considerably. While four towns prepare the whole budget in a multiannual perspective, about a third of the multi-year budget outlooks contains only the major types of revenue and expenditure. More than one quarter of the published multi-year budget outlooks is prepared by external consultants. The lack of regular update and high uncertainty about future revenue significantly limit the information value of the document.

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Section: Multi-year Budget Outlook As a Part Of The Municipal Budgetamentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Municipal Budget Outlooks: Are They Really Utilised?

Sedmihradská¹

2015

AAK

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“…Drawing on a growing literature on internal and external factors affecting forecasting accuracy (Bretschneider et al 1989;Bretschneider and Gorr 1992;Kamlet, Mowery, and Su 1987;Schroeder 1982), a basic model of factors affecting the economic analysis of policy is presented in Figure 2. Three kinds of factors-technical, organizational, and political-play an important part in how analysis results will be generated and used.…”

Section: An Integrated Framework For Evaluationmentioning

confidence: 99%

Building State and Local Government Analytic Capacity: Using Regional Economic Models for Analysis of Public Policy

Duncombe

Wong

1998

State and Local Government Review

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“…In particular, assessing the impact of program changes on the revenue structure of government is far more important than in an era of financial riches. As a consequence, such tools of policy analysis as multiyear budgetary forecasting have become increasingly popular with city financial managers (Schroeder, 1982).…”

Section: Introductionmentioning

confidence: 99%

Program Change, Revenue Effects, and the Pathology of Improved Performance

Jones

1983

Policy Studies Journal

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In certain circumstances, improved performance in government programs can actually lead to declines in program impacts. Ironically, increases in efficiency do not invariably lead to increases in effectiveness. Regulatory programs are especially prone to this pathology of improved performance, as the targets of regulatory actions may increase avoidance tactics of program efficiency increases. Declines in effectiveness may not be discovered until revenues from the regulatory activities decline, because of weaknesses of internal monitoring systems in local government. Data on the licensing of businesses in Chicago are presented that illustrate the phenomena.

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Local Government Multi-Year Budgetary Forecasting: Some Administrative and Political Issues

Cited by 21 publications

References 0 publications

Municipal Budget Outlooks: Are They Really Utilised?

Municipal Budget Outlooks: Are They Really Utilised?

Building State and Local Government Analytic Capacity: Using Regional Economic Models for Analysis of Public Policy

Program Change, Revenue Effects, and the Pathology of Improved Performance

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