Revenue forecasting accuracy in Ohio local governments
Journal of Public Budgeting, Accounting & Financial Management
ISSN: 1096-3367
Article publication date: 1 March 2006
Abstract
Fiscal stress has forced Ohio local governments to pay increasing attention to the importance of revenue forecasting. This paper identifies and examines two Ohio local governments’ revenue forecasting approaches and forecasting accuracy using the case study method. It compares the differences in forecasting methods used. This research finds that informal forecasting methods are used by the county and formal forecasting methods are used by the city, that forecast accuracy varies by level of revenue aggregation using the informal method, and that depending on the revenue source, simple methods are more appropriate than complex methods.
Citation
Beckett-Camarata, J. (2006), "Revenue forecasting accuracy in Ohio local governments", Journal of Public Budgeting, Accounting & Financial Management, Vol. 18 No. 1, pp. 77-99. https://doi.org/10.1108/JPBAFM-18-01-2006-B004
Publisher
:Emerald Publishing Limited
Copyright © 2006 by PrAcademics Press