Cover of: State and local governments under stress | United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Securities. Read Online
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State and local governments under stress the role of the capital markets : hearings before the Subcommittee on Securities of the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Second Congress, first session ... March 13, April 24, 1991. by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Securities.

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Published by U.S. G.P.O., For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office in Washington .
Written in English

Subjects:

Places:

  • United States,
  • United States.

Subjects:

  • Local finance -- United States -- States.,
  • Finance, Public -- United States -- States.,
  • Budget deficits -- United States -- States.,
  • Capital market -- United States.,
  • Municipal bonds -- United States.

Book details:

Edition Notes

SeriesS. hrg. ;, 102-447
Classifications
LC ClassificationsKF26 .B3954 1991c
The Physical Object
Paginationiv, 377 p. :
Number of Pages377
ID Numbers
Open LibraryOL1306244M
ISBN 10016037510X
LC Control Number92174088

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Federal and state governments provide an array of grants to local governments. The grants may offset disparities among local governments in a state based on the revenue producing ability of a local government. This is commonly done for the funding of local public schools.   The twin pressures mean state and local governments alike are running out money to pay the almost 20 million people they employ, according to the most recent Census data.   ICMA, which was formed in , is the leading association of local government professionals dedicated to creating and sustaining thriving communities throughout the world. With o members, the organization advances professional local government through leadership, management, innovation, and ethics.   The U.S. Federal Reserve is facing increasing pressure to go well beyond its crisis-era play book and dramatically boost its support for the nose-diving economy via new lending programs for.

STATE FINANCE The Book of the States Introduction State and local governments have been remaking their finances since the Great Recession, doing less of many traditional activities so that they can do more of what they must do. They have been strug-gling with three major sources of fiscal stress: slow.   Local governments--including counties, cities, towns, school districts, and special districts--play a significant role in people's lives and in the nation's economy. In , the expenditures of local governments equaled percent of gross domestic product, and those governments employed just over 9 percent of the labor force. Local Governments and Their Services Mississippians can be proud of their contributions to the development of the United States government. The strength of America’s political system has been its ability to embrace and accommodate the changes required of it. County government was among the first units of local government established under the English system. State and Local Government, Bowman and Kearny, Learn with flashcards, games, and more — for free. Fiscal stress, increased interjurisdictional conflict, Political Corruption Provided funds, with no strings attached, to state and general-purpose local governments. Identify "Devolution Revolution".