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The Search for Effective Rural Policy: An Endless Quest or An Achievable Goal AgEcon
Freshwater, David; Scorsone, Eric.
To date, the United States has failed to articulate a coherent and effective national rural development policy. The federal government, with a few exceptions, has focused primarily on a sector based policy that has only indirect, and at times weak, impact on rural America. State governments, once championed as the key to effective rural policy, have also failed to move beyond their traditional areas of focus in, education, corrections, Medicaid and other state services. No obvious forum or arena in which federal or state governments can carry out a national rural development policy other than as an afterthought of other policies and programs has developed, nor is one visible on the horizon. We believe national development can only come about through the...
Tipo: Working or Discussion Paper Palavras-chave: Community/Rural/Urban Development.
Ano: 2002 URL: http://purl.umn.edu/31986
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A Review of Municipal Bond Issues in Michigan AgEcon
Scorsone, Eric; Plerhoples, Christina.
Municipal bonds have recently been of national interest and Michigan’s strained economy over the past decade has made bond issuance in the state of particular interest to a variety of stakeholders. Given the close connection between municipal bonds and property taxes, the fall-off in the housing market has placed significant strain on bonds within the state. This paper reviews the Michigan municipal bond condition and develops a new debt assessment indicator system. This system was tested using over 700 Michigan local governments. Based on this indicator system, a number of communities are experiencing significant fiscal stress. However, further examination reveals that at least some of these communities have in place short term plans to address such...
Tipo: Working or Discussion Paper Palavras-chave: Municipal bonds; Public finance; Regional economics; Community/Rural/Urban Development; Public Economics; R5; R51.
Ano: 2011 URL: http://purl.umn.edu/103093
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Proposed Alterations to the Local Government Fiscal Stress Indicator System for the State of Michigan AgEcon
Plerhoples, Christina; Scorsone, Eric.
Monitoring the fiscal stress levels of local governments at the state level is a critical strategy for predicting and preventing fiscal crises. The State of Michigan currently monitors the fiscal stress levels of its local governments using a set of indicators created in 2002. These indicators, however, are not capturing all types of fiscal stress and are not being utilized to their fullest. In this report, we outline proposed changes to the current system, calculate the proposed indicators, and then compare them to the current system. The new fiscal stress indicator system proposed here builds upon the current system in five ways. First, it better captures different types of fiscal stress that are being missed in the current system, including those caused...
Tipo: Working or Discussion Paper Palavras-chave: Fiscal Stress Indicators; Local Government; Public Economics; H72.
Ano: 2011 URL: http://purl.umn.edu/116167
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Economic Implications of the Transfer of Functions Legislation AgEcon
Scorsone, Eric; Martin, Joseph M..
Recent introduction of HB 4780 and its companion pieces of legislation (HB 4781-4788) has raised a number of questions about the appropriate level of government to deliver services to Michigan residents. Essentially, under provisions contained in the bill, elections, tax collections, and assessment functions would be transferred from "rural" townships to the county where the township is located. The bill defines a rural township as a township or charter township unit with population less than 10 thousand, or population between 10 and 20 thousand but does not provide police and fire on a 24-hour basis and sewer and water services to more than 50% of its residents. The Michigan Township Association (MTA) expects that 95% of Michigan townships would be...
Tipo: Working or Discussion Paper Palavras-chave: Public Economics.
Ano: 2007 URL: http://purl.umn.edu/6562
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School District and Municipal Reorganization: Research Findings & Policy Proposals AgEcon
Scorsone, Eric.
This report discusses the issues of municipal and school district reorganization. For over 100 years, since the so-called progressive era in American history, the issue of local government and school organization has been an important policy debate for policymakers. Over time, local governments and school districts have grown or shrunk in response to changes in society, demographics and economics. The general trend in the United States has been for growth in the number of special districts and a major decline in the number of school districts.
Tipo: Working or Discussion Paper Palavras-chave: Public Economics.
Ano: 2007 URL: http://purl.umn.edu/6543
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Determinants of Population Change in Regional Economies: A Study of the Colorado Front Range AgEcon
Scorsone, Eric; Thilmany, Dawn D.; Davies, Stephen P..
Households and businesses are distributed across regional economies based on a number of factors including location-specific natural and fiscal amenities and local and regional employment conditions. Very different hypotheses are proposed in past research to explain the determinants of this spatial distribution. In particular, it is argued that households must weigh the benefits of potential amenities against the costs of employment losses, lower wages or higher housing prices. The relative strength of these two categories determines the potential for government intervention in the market. This research project analyzes this issue in the specific case of the Denver labor market area. This region has experienced large swings in economic activity over...
Tipo: Conference Paper or Presentation Palavras-chave: Community/Rural/Urban Development.
Ano: 2001 URL: http://purl.umn.edu/20767
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