Browsing by Subject "Municipal finance"

Now showing 1 - 3 of 3

The costs of a growing city : a case study of Austin, Texas from 1982-2011
(2013-05) Ellinor, Benjamin Daniel; Wilson, Robert Hines
This report explores the effects of rapid growth in Austin, Texas, with an emphasis on local government budgets, service delivery, and citizen satisfaction. The relationship between urban growth and public finances has been studied extensively, but a comprehensive analysis of the relationship between growth and public finances, service delivery performance, and citizen satisfaction over time is lacking. A multi-decade analysis reveals a steady increase in the cost of local government services and levels of taxation, with corresponding high performance and citizen satisfaction over time. In light of these findings, recommendations to improve cost-effectiveness, service delivery, and citizen satisfaction include: regular audits of the City’s performance measurement system to ensure the metrics tracked remain relevant to the challenges; better coordination of taxes and expenditures among local government entities to minimize the tax impact on residents; greater consideration of less costly alternative municipal service delivery systems; and concerted efforts to engage residents in the budget and service delivery decisions.
The development of a municipal bond market in Brazil : a comparative case study of the Deodoro F1 race track : Rio de Janeiro & COTA, Austin, TX
(2020-09-15) Correa, Ricardo, M. of Public Affairs; Ward, Peter M., 1951-; Luby, Martin J.
Considering the long history of privately financed capital projects in Latin America, this research paper examines the theory that the US municipal finance structure may serve as a prudent legal, regulatory model for emerging markets in Latin America. As such, the development of a sub-national debt finance apparatus is critical for the liberalization of financial markets in Brazil. Mired by institutional corruption and public distrust, this paper offers a comparative examination of the capital infrastructure development of Formula 1 racetrack in Deodoro, Rio de Janeiro, Brazil and Circuit of the Americas (COTA) in Austin, TX: a case study which examines alternative banking solutions, transparency through regulatory reforms, and the viability of subnational capital markets for improving social inclusion in Brazil. By developing a municipal bond market in Brazil, state and local governments would in effect be better equipped to gain access to efficient capital markets for the public provisioning of capital infrastructure projects through taxable, tax-exempt bond issuances, or other non-traditional public financing mechanisms
Las transferencias intergubernamentales, el esfuerzo fiscal y el nivel de actividad
(2005-03) Aguilar Andía, Giovanna; Morales Saravia, Rosa