An analysis of revenue sharing's performance in achieving its formula goals
The State and Local Fiscal Assistance Act of 1972, otherwise known as the revenue sharing act, distributes $30.2 billion to nearly 39,000 state and local governments over a five year period. The purpose of this study is to determine whether or not the actual workings of the program are consiste...
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| Format: | Others |
| Language: | en |
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Virginia Tech
2014
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| Online Access: | http://hdl.handle.net/10919/38828 http://scholar.lib.vt.edu/theses/available/etd-07242012-040206/ |
| Summary: | The State and Local Fiscal Assistance Act of 1972,
otherwise known as the revenue sharing act, distributes
$30.2 billion to nearly 39,000 state and local governments
over a five year period. The purpose of this study is to
determine whether or not the actual workings of the program
are consistent with the goals its supporters set for it.
Other formula studies of revenue sharing begin by
selecting a goal, or qoals, that revenue sharing is supposed
to advance (or should advance), and then proceed to develop alternative distribution formulas which are more responsive
to the predeternined goal(s). This study, by examining the
structure of the distribution formula, uses a revealed
preference technique to ascertain four program goals
inherent in the structure of the distribution formula. === Ph. D. |
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