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Priming the revenue pump: Little Rock's business license collection program.

Government Finance Review

| August 01, 2005 | Biles, Bob; Massanelli, Scott | COPYRIGHT 2005 Government Finance Officers Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

One of the realities of local government finance is that taxpayers are reluctant to increase tax rates to fund government operations. Another is that natural revenue growth often does not generate the resources needed to sustain existing programs or meet new needs. Consequently, policymakers and finance professionals must constantly look for new sources of revenue and find ways to enhance existing sources of revenue. Oftentimes, careful analysis of existing sources of revenue will reveal the potential for greater revenue yields without increasing rates or fees. This proved true in Little Rock after the city took a closer look at business license collections. This article ...

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Source: HighBeam Research, Priming the revenue pump: Little Rock's business license collection...

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