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Author:  W. Bartley Hildreth.


Source: Volume 21, Number 01, Spring 2000 , pp.1-146(146)




Municipal Finance Journal

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Abstract: 

A core financial strategy for a state or local government, and a key credit quality factor, is the appropriate size of the fund balance. The tension is between adequate working capital and over-taxing in one year to benefit another year. Public affairs researchers Michael Shelton and Charlie Tyer use survey results in the context of business principles to suggest local government fiscal policy guidelines. The Governmental Accounting Standards Board (GASB) continues its efforts to improve the financial reporting practices of state and local governments. In the GASB Update, accounting professor Catherine L. Staples takes note of the board’s work on performance measurements and public colleges and universities. Tax-exempt financing for non-profit charter schools is a new sector of the municipal securities market. As new contributing editors of the Tax Law Developments section, public finance attorneys Olivia Shay-Byrne and Elliott J. Schuchardt examine the conditions under which charter schools can qualify for such financing. In commemoration of twenty years of service to the municipal securities market and state and local finance, the Municipal Finance Journal is pleased to present a detailed subject index of past articles.

Keywords: Working capital; GASB performance measurements for public colleges; charter school financing; Index to Municipal Finance Journal volumes 11-20

Affiliations:  1: Wichita State University.

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