The effect of the housing crisis on the finances of central cities

Chernick, Howard; Reschovsky, Andrew; Newman, Sandra J.

doi:10.1016/j.jhe.2021.101767

Cited by 2 publications

(1 citation statement)

References 19 publications

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“…Aside from the conventional interests about determinants of local nancial conditions, there is a growing literature focusing on the intergovernmental relationships. Utilizing data from Wisconsin, New York, and California, Chernick and Reschovsky (2001) nd that state aid tends to be allocated to the wealthy suburban areas rather than serving to support central cities struggling scal capacity. Chernick and Reschovsky also nd that welfare reform in the central cities has eroded overall revenue sources, as states have decreased their share of funding to these cities.…”

Section: Intergovernmental Relationship and Local Financial Conditionmentioning

confidence: 99%

Special-District Proliferation and Local Financial Condition: The Hidden Cost of the Externalized Service Responsibility

Park

2023

Preprint

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General-purpose governments have increasingly relied on creating special districts to provide specialized public services to subsections of their jurisdictions. There are many presumed advantages of pursuing this strategy, including displacing some of the own-source tax burden associated with providing such services with outside revenue sources. This goal is feasible, as special districts are usually formed across overlapping tax bases across multiple jurisdictions. However, this empirical analysis of 51,000 special district governments in the U.S., collected over the past four decades, finds that increased special district proliferation has generally resulted in decreased financial conditions of general-purpose governments. These empirical results demonstrate that claim public goods provision through special districts produces indirect financial stress on general-purpose governments that must then struggle to use less efficient methods for providing the same or similar services to their under-served citizens who are not covered by the special district.

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Section: Intergovernmental Relationship and Local Financial Conditionmentioning

confidence: 99%

Special-District Proliferation and Local Financial Condition: The Hidden Cost of the Externalized Service Responsibility

Park

2023

Preprint

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Local Fiscal Adjustments From Depopulation: Evidence From The Post–Cold War Defense Contraction

Komarek¹,

Wagner²

2021

National Tax Journal

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The effect of the housing crisis on the finances of central cities

Cited by 2 publications

References 19 publications

Special-District Proliferation and Local Financial Condition: The Hidden Cost of the Externalized Service Responsibility

Special-District Proliferation and Local Financial Condition: The Hidden Cost of the Externalized Service Responsibility

Local Fiscal Adjustments From Depopulation: Evidence From The Post–Cold War Defense Contraction

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