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State and Local Governments

Autor Government Accountability Office
en Limba Engleză Paperback – 6 sep 2008
This book provides: (1) simulations of the state and local government sector's long-term fiscal outlook, (2) an analysis of the underlying causes of potential fiscal difficulties for the sector, (3) a discussion of the extent to which the long-term simulations are sensitive to alternative assumptions, and (4) an examination of how the state and local government sector could add to future federal fiscal challenges. This is an excerpted and indexed edition.
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Specificații

ISBN-13: 9781604565850
ISBN-10: 1604565853
Pagini: 84
Ilustrații: tables & charts
Dimensiuni: 151 x 216 x 8 mm
Greutate: 0.16 kg
Ediția:New.
Editura: Nova Science Publishers Inc

Cuprins

Preface; Background; The State & Local Government; Sectors Fiscal Difficulties Are Likely to Emerge within the Next 10 Years; Decline in Fiscal Balances Is Related to Rapidly Growing Health-Related Costs; Substantial Policy Changes Would Be Needed to Prevent the Fiscal Decline in the State & Local Government Sector; State & Local Fiscal Challenges Add to the Nations Fiscal Difficulties; Appendixes Appendix I: State & Local Fiscal Model Methodology; Projection of Receipts of the State & Local Government Sector; Projection of Expenditures of the State & Local Government Sector; Measures of Fiscal Balance 35 Appendix II: Projections of Income Earned on Assets & Interest Paid on Liabilities of the State & Local Sector; Budget Outcomes & Financial Assets & Liabilities; Projecting Income Receipts on Assets & Interest Payments on Debit; Appendix III: Pension & Retiree Health Care Projections; Development of Factors for Employment, Retirement, Wages, & Benefits; Projections of Necessary Contributions to Pension Funds for State & Local Government Sector; Projections of Health Care Costs for State & Local Employees & Retirees; Appendix IV: State & Local Model Equations; Pension Equations; Receipts; Expenditures; Interest Rates; Balance Measures & Investment; Financial Assets & Liabilities; GAO-08-317 State & Local Fiscal Model Appendix V: Alphabetical List of State & Local Sector Model Variables & Definitions; Index.