Revenue capacity and fiscal effort a background report

Cover of: Revenue capacity and fiscal effort |

Published by The Commission in Trenton, NJ .

Written in English

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  • New Jersey


  • Revenue -- New Jersey -- Statistics.,
  • Taxation -- New Jersey -- Statistics.

Edition Notes

Book details

StatementNew Jersey State and Local Expenditure and Revenue Policy Commission.
ContributionsNew Jersey State and Local Expenditure and Revenue Policy Commission.
LC ClassificationsHJ2422 .R48 1987
The Physical Object
Paginationv, 50 p. :
Number of Pages50
ID Numbers
Open LibraryOL2151045M
LC Control Number88620348

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The fiscal stress index is a relative index, which is the aggregation of analyses on the comparative revenue capacity, revenue effort and median household income for Virginia’s cities and counties. The fiscal stress index illustrates a locality’s ability to generate additional local revenues from its current tax base relative to the rest of.

Fiscal vs. Revenue vs. Tax The fiscal policy literature generally uses the words fiscal, revenue and tax interchangeably when describing measures of effort, capacity and need. This lack of precision is not much of a problem in most states, where the state and local fiscal structures are simple and fiscal, revenue and tax.

2 Fiscal Stress For a given year, the fiscal stress of a locality can be gauged through a statistical averaging of relative stress scores that are based upon the revenue capacity per capita, revenue effort, and median household.

Fiscal capacity is the ability of the state to extract revenues to provide public goods and carry out other functions of the state, given an administrative, fiscal accounting structure.

In economics and political science, fiscal capacity may be referred to as tax capacity, extractive capacity or the power to tax, as taxes are a main source of public revenues. Fiscal Capacity: In economics, the ability of groups, institutions, etc. to generate revenue. The fiscal capacity of governments depends on a variety of factors including industrial capacity.

Books ; Partner Sites (14), urban services (five), fiscal effort (two) and fiscal prudence (two). incentivise counties to optimise capacity to raise revenue and to encourage prudent use of. It was based on six parameters- basic equal share 26 percent, population 45 percent, land area 8 percent, poverty 18 percent, fiscal effort 2 percent and development factor 1 percent.

empirical estimation of countries’ taxable capacity and tax effort. This paper is the second part of Le, Moreno-Dodson, and Rojchaichaninthorn () and intends to develop further country tax effort typologies and policy implications for fiscal revenue reforms.

fiscal capacity: An economic term related to the ability of groups and institutions to generate revenue. When referring to the government, this depends upon many different factors, including personal incomes and industrial capacity.

This is an important factor when governments are developing their fiscal policy. Fiscal Capacity, Fiscal Effort and Fiscal Performance of State Governments in Peninsular Malaysia: The Case of Land Tax and New York had the second highest, collecting $6, compared with its capacity of $5, The RRS approach has also been used to measure tax capacity of local and county governments.

Hy et al. One of the important factors for economic development is the existence of an effective tax system. This paper deals with the concept and empirical estimation of countries' taxable capacity and tax effort.

It employs a cross-country study from a sample of developing. Our results point to large fiscal gaps at capacity in several states, and federal grants do not always close these gaps.

In44 states had fiscal gaps at capacity, and 26 states had Revenue capacity and fiscal effort book even after including federal grants.6 For example, Mississippi’s revenue capacity was about $4, per capita in.

Fiscal effort, fiscal capacity and fiscal need: Separate concepts, separate problems. Fiscal Flexibility, 3, The Federal Factor in the Government and Politics of Peninsular Malaysia.

This paper presents a model to determine the tax effort and tax capacity of countries and the main variables on which they depend. The results and the model allow a clear determination of which countries are near their tax capacity and which are some way from it, and therefore, could increase their tax revenue.

Setting revenue and other goals. Revenue goal to finance expenditure needs: The specified revenue mobilization effort (an explicit target of raising the tax-to-GDP ratio by the end of ) needs to be linked to a complementary medium-term expenditure strategy to enhance stakeholder support for the proposed tax reforms.

Revenue from mass capacity storage markets increased 35% year-over-year and represented 63% of FQ4 HDD revenue Fiscal Year Highlights Revenue of $ billion.

The ACIR Library is composed of publications that study the interactions between different levels of government. This document addresses state fiscal capacity and effort.

counted twice in measuring "tax effort". 8 Measuring the Fiscal Capacity and Effort of State and Local Areas. (Advisory Commission on Intergovernmental Relations, Washington, D.C., March ). The study was carried out primarily by Allen D.

Manvel, Donald J. Cur-ran, and Raymond J. Krasniewski, with con-sultation from Lazio L. Ecker-Racz. Tax effort is the extent to which actual tax revenue reaches estimated capacity, and is here expressed as a proportion. Such effort reflects a) policy choices and b) inefficiency in policy enforcement.

Policy choices are expressed in tax rates and bases, and any exemptions. used. The estimation of the fiscal capacity is made by applying the tax rate on the identified tax base for each revenue source.

The aggregation of all the potential revenue from each revenue source yields the total potential revenue of each region. The potential revenue is adjusted by deducting federal VAT and federal profit from each region. The concepts of taxable capacity and tax effort are also extended to measure total fiscal revenue capacity and revenue effort.

Calculating tax effort and actual tax collection benchmarks allows us to rank countries into four different groups: (i) low tax collection, low tax effort; (ii) high tax collection, high tax effort. fiscal capacity of each state from the s to the s. An index was calculated for most of the commonly used state tax sources as well as an overall index combining all the measured taxes.

Each state’s effort and capacity indexes were published as well as the overall index of fiscal capacity. The Representative Tax System (RTS) developed. borrowing capacity, which helps us to understand the relatively more disciplined financial situation at the sub-national level.

2 The purpose of this paper is to evaluate state tax effort and state tax potential in. "Along those lines, we've redesigned the Data Book for Fiscal Year (FY) by reorganizing key material and adding new information. This is part of an effort to help the Data Book provide a more complete view of our extensive service and compliance operations in a clear format that is easier to use for taxpayers and the tax community.".

COVID Resources. Reliable information about the coronavirus (COVID) is available from the World Health Organization (current situation, international travel).Numerous and frequently-updated resource results are available from this ’s WebJunction has pulled together information and resources to assist library staff as they consider how to handle coronavirus.

First, despite tough business conditions, we grew both revenue and exabyte shipments in fiscal yearsupported by strong demand for mass capacity storage. Revenue from the mass capacity. Donations to fiscally sponsored projects are directed to a tax-exempt fiscal sponsor.

Most commonly, the fiscal sponsor is a public charity exempt under Section (c)(3) of the Internal Revenue Code and a qualified recipient of charitable contributions that are deductible to the donor. between political institutions and fiscal capacity; Section 4 presents the empirical strategy; and Section 5 the results of our empirical analysis.

Section 6 concludes. Fiscal capacity and its measurement Fiscal capacity is defined as the capability of a fiscal system of raising tax revenues from a broad tax base (Besley and Persson, ). The fiscal imbalance in Australia is the disparity between the revenue generation ability of the three levels of governments in Australia relative to their spending obligations; but in Australia the term is commonly used to refer more specifically to the vertical fiscal imbalance, the discrepancy between the federal government's extensive capacity to raise revenue and the responsibility of the.

The Fiscal Capacity Of States The Fiscal Capacity Of States by United States. Social Security Board. Bureau of Research and Statistics. Download in PDF, EPUB, and Mobi Format for read it on your Kindle device, PC, phones or tablets.

The Fiscal Capacity Of States books. Click Download for free ebooks. The Fiscal Capacity Of States. Measures of fiscal capacity and fiscal effort are essential to the implementation of a national program of equalizing grants from the federal government to subnational governments.

Since the level of fiscal effort is simply defined as the ratio of actual revenues collections divided by the region’s fiscal. Indexes of Revenue Capacity, Revenue Effort, Expenditure Need, Expenditure Effort, and Fiscal Capacity, by Region, FiscalNational Average = Revenue Capacity Revenue Effort Expenditure Need Expenditure Effort Fiscal Capacity New England 88 94 Middle Atlantic 98 East North Central 97 98 97 West North.

Fiscal federalism At the policy level, the Advisory Commission on Intergovernmental Relations (ACIR) () car-ried out pioneering studies on fiscal disparities (sometimes referred to as “horizontal imbalance”), fiscal capacity, and fiscal effort. Curiously, this work has had its. State governments face unpredictable revenue as well as rising health care, education, and infrastructure costs.

Pew examines key trends in state finances and provides data, analysis, and guidance to help states navigate their fiscal challenges and identify and understand potential policy approaches. Measures of fiscal effort and fiscal capacity in relation to Australian state road finance.

Canberra: Centre for Research on Federal Financial Relations, Australian National University, (OCoLC) Document Type: Book: All Authors / Contributors: Russell L Mathews; W R C Jay.

GAAP Revenue. $ $ $1, $1, In its fiscal Q1, the Company expect to book a restructuring charge of $25 million to $35 million or the bankruptcy of or reduction in capacity.

Search the world's most comprehensive index of full-text books. My library. Total revenue for the second quarter of fiscal was $ million compared to $ million for the same period inrepresenting a decline of approximately 45%.

Indiana's FY Close-Out: "When It Rains, It Pours" J On July 16 th, Indiana OMB Director Cris Johnston and Auditor of State Tera Klutz ‘closed the books’ on Fiscal Year and not a moment too soon!It says something about the revenue rollercoaster created by the coronavirus pandemic that a general fund shortfall over $ billion was greeted with muted relief (keep reading).

For the fourth quarter of fiscalwe expect total revenue in the range of $ million to $1, million. This represents organic revenue growth of % to % for the quarter. For the full fiscal yearwe currently expect revenue of $ million to $ million representing growth of 8% to 11% from fiscal As Mark said, we expect to continue to deliver high.

Disney reported mixed earnings for its fiscal third quarter on Tuesday, where revenue plunged 85% from a year earlier. It will be Disney's first effort to sell content on Disney+, on top.Shana Howard EDL- Alabama A&M M University to test the equality of variances between populations or factor levels.

It is to assume that although different samples can come from populations with different means they have the same variance. Fiscal Capacities Factors used to.

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