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Graphic presentation on Missouri State and Local government revenues, debts, and Intergovernmental revenues.

This article addresses the perceived inadequacy of the State of Missouri's statutory tools to modernize local government. Some of the more extreme examples of conflicting and obsolete provisions in the laws affecting local government in Missouri are discussed. In many instances these obsolete statutes severely restricted the operations of municipalities. The article also looks at laws relating to special benefit districts, problems in county government, and the issue of home rule. Many of the concerns addressed in this article have to do with the overlap that exists among political subdivisions within a given area, such as counties, cities, and special districts. The article suggests that a solution must take into account the complex inter-relationships among these subdivisions in order to achieve coordination while preserving a truly local and representative system of government.

"Glossary": p. 441-502. ; Bibliography: p. 503-511. ; Mode of access: Internet.

This is a description of the person who is the namesake for the Ballard Local Government Series.

Cover title. ; Bibliography: p. 43. ; Mode of access: Internet.

Debt creation imposes an obligation to repay borrowed funds from a wealth base that for most local governments is capitalized in property values. Therefore, the ability to afford debt is tied to the local economy, a factor often overlooked by localities in the analyses of their own position. However, debt levels are also relative, as the many debt affordability studies among governments and by bond rating agencies suggest. We argue here that economic concentration and interjurisdictional coordination fundamentally provide a broader analytical approach to the question a locality asks: can we afford more debt?

Includes bibliographical references. ; Mode of access: Internet. ; Environ Dsgn JS451.M85.A3: 701 Depository Program

Japanese local government bonds or loans are viewed as secure and almost the same as Japanese Government Bonds (JGBs). The Ministry of Internal Affairs and Communications (MIC), which is responsible for matters related to local government finance in Japan, states that even though decentralization reforms have been executed and are still in progress, there are three reasons that assure the financial security of local governments. First, the central government provides them with solid support for necessary resources. Second, the MIC checks and controls local governments' bond issuance or loan borrowing based on the "Consultation System". Third, the control system of the fiscal soundness of local governments is effective. In fact, the Bank for International Settlements (BIS) risk weight for yen-based Japanese local government bonds is as low as JGBs, which is 0% in the standardized approach.

"MP 198, 7/70, 2.5M" ; "This study was developed for two reasons: (1) to examine the basic sources of public revenue and their impact on various groups and classes within Missouri and (2) to describe recent trends in public costs and revenues in the state with a view to improved public understanding regarding sources of public funds and allocation of those funds to various publicly produced goods and services. The general format of the study was as follows. Some theoretical considerations relating to the various sources of public revenue were briefly considered. The remainder describes current trends in public cost and revenues primarily at the state and local government level. The general format of the study was as follows. Some theoretical considerations relating to the various sources of public revenue were briefly considered. The remainder describes current trends in public cost and revenues primarily at the state and local government level."--Summary and conclusions. ; Curits Braschler (Dept. of Agricultural Economics)

In 2014, China's total government debt was an estimated 60% of gross domestic product (GDP), close to the upper limit set by the European Union. The Xi administration has set budget deficit at 3% of GDP for 2016 and announced that government budget revenue will grow only 3.2% in 2016! It has also recently abolished local government financing vehicles, legalised local government bond issuing in 2014 and started "the debt swap" reform.