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Privatization of Municipal Wastewater Treatment
Author(s) -
Holcombe Randall G.
Publication year - 1991
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 - 10.1111/1540-5850.00908
Subject(s) - profit (economics) , business , administration (probate law) , government (linguistics) , ideal (ethics) , public administration , law and economics , finance , economics , law , microeconomics , political science , linguistics , philosophy
Privatization of wastewater treatment facilities was encouraged by changes in the law and in the attitude of government officials during the early 1980s The idea was for localities to benefit from the efficiency gains expected when operations were transferred from municipal administration to a profit‐making organization. However, significant differences between the ideal and reality often existed, particularly when contracts all but eliminated the profit motive.