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Coping With the Loss of General Revenue Sharing in Ohio
Author(s) -
Dommel Paul R.,
Rasey Keith P.
Publication year - 1989
Publication title -
public budgeting and finance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.694
H-Index - 30
eISSN - 1540-5850
pISSN - 0275-1100
DOI - 10.1111/1540-5850.00828
Subject(s) - surprise , coping (psychology) , revenue , debt , revenue sharing , business , monetary economics , finance , economic policy , economics , public economics , psychology , social psychology , psychiatry
The authors examine the impact of the loss of general revenue sharing on Ohio local governments. A study of seven large cities and surrounding counties found that the loss of the federal funds did not trigger any fiscal crises: it came as no surprise. Localities engaged in a number of coping strategies including cuts in spending and replacement of lost federal funds from local surpluses, increased debt, and some tax increases.