In the Shadow of State Government: Revenue Diversification and Changes in Municipal Spending After Two Recessions

Government Finance Research Center, May 2019

By: University of Illinois at Chicago

https://gfrc.uic.edu/wp-content/uploads/sites/188/2019/05/Hendrick-GFRC-Shadow-paper-May-2019.pdf
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Paying for Planning

This report identifies the importance of revenue diversification in effect of the size of local government, state constraints on taxation, and regional resources from 1997 to 2012. Underlined by the 2001 and 2008 recessions, fiscal scarcity is modelled to be more dependent on the size of the local government than external financial conditions.