Topics in Policy Analysis (Half-Term): State and Local Finance

Examines budgeting and finance at the state and local level of government. Topics include: budget structure and process; decision makers within the political and economic environment; debt, capital planning and bond financing; revenue structures supporting expenditures. Tax policy and associated tradeoffs between tax equity and efficiency and spending and program needs are also examined. Two case studies are utilized---one related to state and local tax policy and one related to budgetary decision-making.