An Evaluation of Alternative Tax and Expenditure Limitation Policies on Kansas Local Governments

Cross‐sectional time series data in a partial adjustment model are used to examine county government fiscal behavior under a “hard” tax and expenditure limitation policy, an aggregate property tax levy limit, versus a “soft” limit under Truth in Taxation in Kansas. Results indicate that under the ag...

Full description

Saved in:

Bibliographic Details
Published in:	Public budgeting & finance Vol. 29; no. 2; pp. 48 - 70
Main Authors:	SPRINGER, JOB D., LUSBY, AARON K., LEATHERMAN, JOHN C., FEATHERSTONE, ALLEN M.
Format:	Journal Article
Language:	English
Published:	Malden, USA Blackwell Publishing Inc 01-07-2009 Blackwell Publishing Ltd
Subjects:	Appropriations and expenditures Budget, Government Constraints County government Expenditures Fiscal Policy Kansas Local Government Property Tax Property taxes States Tax policy Taxation United States > US Kansas
Online Access:	Get full text
Tags:	Add Tag No Tags, Be the first to tag this record!

Description
Summary:	Cross‐sectional time series data in a partial adjustment model are used to examine county government fiscal behavior under a “hard” tax and expenditure limitation policy, an aggregate property tax levy limit, versus a “soft” limit under Truth in Taxation in Kansas. Results indicate that under the aggregate levy limit, per capita property taxes, own‐source revenues and own‐source expenditures were significantly higher than under the Truth in Taxation policy where local officials face many fewer restrictions on their ability to raise the levy.
Bibliography:	ArticleID:PBAF928 istex:0AC9EFD995EDC612635F8192EC1296852F771692 ark:/67375/WNG-ML68ZHL4-B alusby@latech.edu jleather@agecon.ksu.edu John C. Leatherman is a Professor in the Department of Agricultural Economics, Kansas State University, 342 Waters Hall, Manhattan, KS 66506. He can be reached at afeather@ksu.edu Aaron K. Lusby is an Assistant Professor in the Department of Agricultural Sciences, Louisiana Tech University, P.O. Box 10198, Ruston, LA 71272. He can be reached at Allen M. Featherstone is a Professor in the Department of Agricultural Economics, Kansas State University, 342 Waters Hall, Manhattan, KS 66506. He can be reached at jdspringer@noble.org . Job D. Springer is a Consulting Agricultural Economist for the Samuel Roberts Noble Foundation, 2510 Sam Noble Pkwy, Ardmore, OK 73401. He can be reached at ObjectType-Article-1 SourceType-Scholarly Journals-1 ObjectType-Feature-2 content type line 23
ISSN:	0275-1100 1540-5850
DOI:	10.1111/j.1540-5850.2009.00928.x