Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback22 pages $20.00 $16.00 20% Web Discount

Attempts to sketch out the rudiments of a new approach to financing local government in an era of fiscal restraint, resistance to tax increases, fiscal controls, tax base erosion, and a decline in grants from federal and state governments. The paper stresses the stripping away of nonessentials, the employment of market-oriented mechanisms, and the imposition of direct charges to beneficiaries. In addition to pricing/rationing devices for providing services — a technique gaining increasing attention — the author suggests how special assessments and neighborhood-specific taxes might be employed. Also discussed are departures in procedures for allocating labor and capital across service agencies, and the prospects of interjurisdictional sales of services. Some ideas for a multipurpose public service voucher are offered.

This report is part of the RAND Corporation Paper series. The paper was a product of the RAND Corporation from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

Our mission to help improve policy and decisionmaking through research and analysis is enabled through our core values of quality and objectivity and our unwavering commitment to the highest level of integrity and ethical behavior. To help ensure our research and analysis are rigorous, objective, and nonpartisan, we subject our research publications to a robust and exacting quality-assurance process; avoid both the appearance and reality of financial and other conflicts of interest through staff training, project screening, and a policy of mandatory disclosure; and pursue transparency in our research engagements through our commitment to the open publication of our research findings and recommendations, disclosure of the source of funding of published research, and policies to ensure intellectual independence. For more information, visit www.rand.org/about/research-integrity.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.