The purpose of this research is to examine fiscal health of a specific local enterprise operation: seaports. Seaports provide unique local services while spending and borrowing billions of dollars. Decision makers should be aware of the fiscal health of these enterprises in part to assess the potential risks to the fiscal health of the government at large or public authority. Using eight stock and flow fiscal indicators appropriate for enterprise activities, this research examines eight seaports to compare fiscal health by geographic location and governing structure as well as the connection between long-term and short-term fiscal measures. Descriptive measures suggest that western and public authority ports exhibit better fiscal health than southern and departmental ports with some evidence showing a modest link between long-term and short-term fiscal health.
Topinka, J. (2017), "Financial condition of enterprise activities: an exploration of seaports", Journal of Public Budgeting, Accounting & Financial Management, Vol. 29 No. 1, pp. 20-50. https://doi.org/10.1108/JPBAFM-29-01-2017-B002
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