Radical Sects of Revolutionary New England

Bradbury, M. L.; Marini, Stephen A.

doi:10.2307/365406

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Local Fiscal Condition and Its Objective And Subjective Meas...1

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2023

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“…How to measure the multiple dimensions of local fiscal condition in an objective manner has long been a central question for academics and practitioners. Earlier studies include Advisory Commission on Intergovernmental Relations (ACIR) (1971), Bradbury (1983), Groves et al (1981), Ladd andYinger (1989), andPetersen (1977). Their approaches were relatively comprehensive, meaning that their fiscal condition analysis focused not only on financial information but also on socioeconomic and institutional factors.…”

Section: Local Fiscal Condition and Its Objective And Subjective Meas...mentioning

confidence: 99%

Revisiting the (lack of) association between objective and subjective measures of local fiscal condition

Park,

Maher,

Liao

2023

Public Budgeting & Finance

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Recent fiscal condition literature has been attentive to the consistency between subjective measures of local fiscal condition based on public officials' perceptions and their objective counterparts measured using financial data. Studies have found little evidence of a relationship between them, leading scholars to speculate flaws in measurement or intentional lack of association. This study reevaluates the issue by investigating intervening explanations for the absence of connection. Analyzing survey and audited financial data from 185 municipalities across 31 states, we identify various individual and organizational attributes that help clarify the association between the two types of fiscal condition measures.

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Section: Local Fiscal Condition and Its Objective And Subjective Meas...mentioning

confidence: 99%