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<a href="http://www.accessmylibrary.com/coms2/summary_0286-25563100_ITM" title="Facts and information about Improving revenue projections: 10 questions--and answers; a systematic approach to revenue forecasting increases the likelihood of reliable projections and eliminates some of the mystery for government stakeholders.(budget forecasts)(Brief Article)">Improving revenue projections: 10 questions--and answers; a systematic approach to revenue forecasting increases the likelihood of reliable projections and eliminates some of the mystery for government stakeholders.(budget forecasts)(Brief Article)</a>
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Improving revenue projections: 10 questions--and answers; a systematic approach to revenue forecasting increases the likelihood of reliable projections and eliminates some of the mystery for government stakeholders.(budget forecasts)(Brief Article)
The recent budget woes of state and local governments are a testament to both the difficulty and the importance of accurately projecting revenues. Multi-year revenue forecasts play a critical role in public finance by minimizing uncertainty over future resource levels. Rating agencies and professional associations herald the value of credible revenue estimates based on realistic assumptions that are examined on a regular basis. The benefits of revenue forecasting, however, are much easier to discuss than to achieve in an environment characterized by limited resources, taxpayer accountability, and demand for information. Still, local governments can improve the accuracy and ...
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Source: HighBeam Research, Improving revenue projections: 10 questions--and answers; a...