Measuring municipal fiscal condition: do objective measures of fiscal health relate to subjective measures?

Abstract

The intent of this research is determine the extent to which selfreported measures of fiscal condition are consistent with commonly identified measures of fiscal condition using secondary financial data. While the field of government finance has amassed a lengthy list of research on fiscal condition and fiscal stress assessment, there remains a gap in the research on the extent to which practitioners' perceptions of fiscal stress are consistent with such measures. Our results suggest that there is limited evidence of a relationship between self-reported and objective measures of fiscal condition

Citation

Maher, C.S. and Deller, S.C. (2011), "Measuring municipal fiscal condition: do objective measures of fiscal health relate to subjective measures?", Journal of Public Budgeting, Accounting & Financial Management, Vol. 23 No. 3, pp. 427-450. https://doi.org/10.1108/JPBAFM-23-03-2011-B006