Product Information
Revenue and expenditure forecasting plays an important role in public budgeting and financial management, particularly during times of financial constraint, when citizens impose greater accountability upon government to use taxpayer dollars more efficiently. Despite its significance, revenue and expenditure forecasting is often overlooked in the budget process, and there is an imbalance between practice and research in this area. Based on the collaboration of budget scholars and practitioners, Government Budget Forecastingfulfills two purposes: Enhances the understanding of revenue and expenditure estimation both theoretically and practically Stimulates dialogue and debate among practitioners and academicians to identify good forecast practices as well as areas for improvement Divided into four parts, this comprehensive reference first examines forecast practices at the federal, state, and local levels, drawing on case studies that include California, Texas, and Louisiana. It then explores consensus systems and risk assessment, considering political factors and the costs of forecast errors. The text concludes with a call to transparency and guidance from a code of ethics, and a look at forecasting practices in emerging countries.Product Identifiers
PublisherRoutledge
ISBN-101420045822
ISBN-139781420045826
eBay Product ID (ePID)102938103
Product Key Features
Number of Pages664 Pages
LanguageEnglish
Publication Year2008
IllustratorYes
Book SeriesPublic Administration and Public Policy
FormatHardcover
Dimensions
Item Height1.5 in
Item Weight36.9 Oz
Item Length9.2 in
Item Width6.2 in
Additional Product Features
GroupCollege Audience
Dewey Edition22
Publication Date2008-03-26
Lccn2007-036374
Series Volume Number142
Dewey Decimal336.02/730112
Edited byJinping Sun, Thomas D. Lynch
Lc Classification NumberHj9147.G68 2008
Table of ContentGovernment Budget Forecasting: Improving the State of the Art, J. Sun and T.D. Lynch FORECAST PRACTICES Federal Revenue Forecasting, R. G. Penner The State of the Art: Revenue Forecasting in U.S. State Government, K. G. Willoughby and H. Guo Forecasting State Revenues in Louisiana: From Dramatic Changes in the Oil and Gas Industry in the 1970s and 1980s to the Aftermath of Catastrophic Hurricanes in the 2000s, J. A. Richardson Budget Forecasting for the State of California, J. D. Vasché, B. Williams, and R. Ingenito Forecasting the Personal Income Tax, Q. XU, R. Megna, H. Kayser, and L. Holland Income Tax Forecasting in Minnesota, T. F. Stinson, P. D. Meagher, and J. L. Peloquin Methods and Issues in Forecasting Casino Tax Revenue, J. Landers Estimating and Forecasting Welfare Caseloads, S. Gurmu and W. J. Smith Forecast Evaluation: A Case Study, J. Sun Using Census Data to Forecast New Local Sales Taxes , J. D. Wong Does Revenue Forecasting Responsibility Matter: The Case of Milwaukee, Wisconsin, C. D. Kammholz and C. S. Maher Evaluating Revenue Forecasting in City Governments: A Survey of Texas Finance Directors, C.G. Reddick Pro Forma Forecasting for Determining Financial Position of Enterprise Operations in Government, A. Khan Preparing Data for Forecasting, D. W. Williams CONSENSUS FORECASTING Consensus Forecasting for Budgeting in Theory and Practice, W. E Klay and J. A. Vonasek Use of Consensus Revenue Forecasting in the U.S. State Governments, Y. Qiao State Revenue Forecasting in the State of Indiana: A Consensus System in a Politically Divided State, J. L. Mikesell Consensus Revenue Estimating in State Government: A Case of What Works in Kansas, J.D. Wong and C.D. Ekstrom UNCERTAINTY AND RISK ASSESSMENT IN BUDGET FORECASTING Forecast Errors: Balancing the Risks and Costs of Being Wrong, Q. Xu, H. Kayser, and L. Holland State Fiscal Management: What Practitioners Can Learn from Risk Management Theory, F. Thompson and B.L. Gates State Tax Portfolios: An Integrated Methodology for Forecasting and Analysis, R. D. Nelson OTHER TOPICS IN BUDGET FORECASTING Forecasting Revenues and Expenditures in the Public Sector: Guidance from a Code of Ethics, R. W. Smith Transparency in Government Revenue Forecasting, C. Garofalo and N. Rangarajan Incorporating Fiscal Architecture into Budget Forecasting, S. Wallace Forecasting Practices in Emerging Countries: The Morocco Experience, A. Zemrani Index, Overview. Revenue and Expenditure Forecasting: Theory and Practice.
Copyright Date2008