Local Government Squeeze: Expenditure Flexibility Deep Dive

Jessalynn Moro, Mike Nadol, Darren Adair and Mark Vincent

Municipal Finance Journal, 2015, vol. 36, issue 3, 43 - 68

Abstract: Understanding a local government’s true ability to adjust spending remains somewhat of a mystery for municipal analysts. This article dives deeply into expenditure flexibility and describes how governments consider expense reductions either generally to maintain cushion or specifically in response to recessionary and/or systemic stress. The authors—experts and practitioners—concentrate their analysis on two Las Vegas area case studies managing severe recessionary revenue hits. They touch on the wide disparity in spending constructs and tools available to fiscal managers across the country and explore labor framework constraints and the long-term costs of short-term fixes.

Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://dx.doi.org/10.1086/MFJ36030043 (application/pdf)
http://dx.doi.org/10.1086/MFJ36030043 (text/html)
Access to the online full text or PDF requires a subscription.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ucp:munifj:doi:10.1086/mfj36030043

Access Statistics for this article

More articles in Municipal Finance Journal from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().