This article outlines how counties and municipalities in North Carolina prepared their fiscal
year 2020–21 budgets amid the uncertainties of the COVID-19 pandemic. In response to an …

The novel coronavirus (COVID-19) is an infectious respiratory illness afflicting people to a
degree not seen since the flu pandemic of 1968 when approximately one million lives were …

The authors examine the likely determinants of cash holdings by New Zealand local
councils. Extant finance literature suggests that organizations have transactional …

Purpose Inflation and federal monetary efforts to control it with interest rate hikes have very
real and overwhelmingly negative consequences on US local governments following the …

Understanding Municipal Fiscal Health provides an in-depth assessment of the fiscal health
of cities throughout the United States. The book examines the tools currently available to …

The increasing risk of natural and human-induced disasters has caused considerable costs
to governments. Governments' savings can function as a mechanism to mitigate such …

This paper examines whether the legislative adoption of performance-based budgeting
(PBB) limits budgetary slack. Based on the model of slack-maximizing bureaucracy, we …

IMPACT This study examines cutback strategies of Pennsylvania's local governments during
the Covid 19 pandemic, highlighting the importance of pandemic risk perceptions and …

For all governments—federal, state, or local—natural disasters impose significant costs.
Among the three, local governments typically respond first using their own resources. Thus …

It is di□ fficult to find someone who has not heard about the Puerto Rico, Detroit, Michigan,
or Orange County, California, bankruptcies. While guides for responsibly managing …