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Closing the Budget Gap through Tax Base Appreciation.(in Hollywood, Florida)(Statistical Data Included)
This article describes how the City of Hollywood, Florida, is closing its annual budget gap through an innovative program designed to create tax base appreciation through public capital investment.
Every year, local governments throughout the nation face the difficult challenge of balancing their budgets while simultaneously holding the line on taxes and user fees. Public demand for more and better services must be weighed against citizen opposition to the tax and fee increases necessary to pay for enhanced services. Meanwhile, a growing segment of the population is living on fixed incomes, limiting their ability to absorb increased tax rates and user fees.
...- Closing the budget gap: through public capital investment.
- Magazine article from: Public Management Finz, Samuel A. Simon, Noah A. Utnik, Suzanne E. December 1, 2003 700+ words
...concept of increasing tax base through public capital...Hollywood. The budget gap may be defined as...Surprisingly, the budget gap can be forecasted...project real property tax-base appreciation and...is to close the budget gap within five ...
- S&P reviews D.C. budget gap management; 'A' GO rating affirmed. (Standard and...
- Press release article from: PR Newswire February 22, 1989 700+ words
...CREDITWIRE/ S&P REVIEWS D.C. BUDGET GAP MANAGEMENT; 'A' GO RATING AFFIRMED...1989 budget to close the potential budget gap of some $175 million for the year...assume continued strong property tax base growth, moderate personal and...
- Analysis: HK grappling with budget gap.
- News wire article from: United Press International March 3, 2003 700+ words
...Simpfendorfer is forecasting the budget gap to rise to 5.8 percent of GDP...CSFB Joseph Lau is projecting a budget gap of $10.2 billion to 11.2 billion...economic recession and a shrinking tax base. With deflation and plunging property...
- CLOSING NEW YORK'S BUDGET GAP.(Main)
- Newspaper article from: Albany Times Union (Albany, NY) March 8, 1990 700+ words
...Manhattan Institute titled "Closing the Budget Gap: an Analysis of New York Taxes, Revenues...average, and much higher than New York's tax base can sustain." Among the report's...the national average. "Closing the Budget Gap" confirms the concerns voiced by many...
- New York Mayor Struggles with Budget Gap, Urges Unions to Accept Concessions.
- Newspaper article from: Knight Ridder/Tribune Business News April 21, 2003 700+ words
...labor unions to help him close the city's $3.8 billion budget gap yesterday, saying union workers should tell their leaders...York City, regardless of where they live, the same, the tax base would be spread over all of those receiving city services...
- Analysis: HK GST would correct budget gap.
- News wire article from: United Press International August 19, 2003 700+ words
...sales tax in Hong Kong would broaden the tax base and help to correct the former British...knowledge that Hong Kong needs to widen the tax base. Leung alluded to the possibility of...Chartered Bank. A GST instantly broadens the tax base by taxing people's spending rather than...
- State maintains bond rating despite budget gap.
- Magazine article from: Fairfield County Business Journal Strempel, Dan March 21, 2005 700+ words
...amounts to $13.1 billion, $3,859 per capita and 8.7 percent of personal income. "The loss of the personal income-tax base was so sudden in the last recession. It was unprecedented in our history really since the Great Depression. What Connecticut...
- DAKOTA COUNTY; $9 million budget gap means `doing less with less'.(NEWS)
- Newspaper article from: Star Tribune (Minneapolis, MN) Humphrey, Katie August 19, 2009 700+ words
...in 2009. But because of changes in property values, some taxpayers may get a larger bill, and some a smaller bill as the tax-base shifts. For example, commercial and industrial properties rose in value, while many residential properties dropped, and...
Source: HighBeam Research, Closing the Budget Gap through Tax Base Appreciation.(in Hollywood,...