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Local Government Financial Capacity and the Growing Importance of State Aid

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  • Warner, Mildred E.

Abstract

Since the 1970’s, the Federal Government has been turning back funding and authority to State and local governments. Devolution has important implications for local government finances. As direct Federal funds to counties decline, local wealth and the redistributive role played by the States become more important in determining local capacity for spending. These developments are illustrated by the experience of counties in eight Mid-Atlantic and East North Central States.

Suggested Citation

  • Warner, Mildred E., 1998. "Local Government Financial Capacity and the Growing Importance of State Aid," Rural America/ Rural Development Perspectives, United States Department of Agriculture, Economic Research Service, vol. 13(3), October.
    • Handle: RePEc:ags:uersra:289787
    DOI: 10.22004/ag.econ.289787
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    Keywords

    Financial Economics; Public Economics;

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