Journal of Public Budgeting, Accounting & Financial Management: Volume 28 Issue 4


Table of contents

Applying punctuated equilibrium theory to municipal and county operating and capital budgets

John Kovari

Although punctuated equilibrium theory (PET) is widely hailed as the dominant theory regarding public policy and budgets, little research has extended PET to the local…

Municipal audit committees and fiscal policies

Jean X. Zhang, Kevin T. Rich

We investigate whether council audit committees relate to municipal fiscal policies. We find that municipalities with audit committees are associated with greater levels…

Local option sales taxes and county rainy day funds

Helisse Levine, Marc Fudge, Geoffrey Propheter

Rainy day stabilization funds (RDSFs) and local option sales taxes (LOSTs) are two strategies local governments deploy to combat fiscal stress. While the literature on…

Local government revenue forecasting methods: competition and comparison

Daniel W. Williams, Shayne C. Kavanagh

This study examines forecast accuracy associated with the forecast of 55 revenue data series of 18 local governments. The last 18 months (6 quarters; or 2 years) of the…

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Emerald Publishing Limited

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  • Dr Giuseppe Grossi