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DYNAMIC ASPECTS OF LOCAL AUTHORITY EXPENDITURE DECISIONS
Author(s) -
Smith Peter
Publication year - 1989
Publication title -
financial accountability and management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.661
H-Index - 44
eISSN - 1468-0408
pISSN - 0267-4424
DOI - 10.1111/j.1468-0408.1989.tb00305.x
Subject(s) - thermogravimetry , pyrolysis , decomposition , mass spectrometry , chemistry , business , chromatography , organic chemistry , inorganic chemistry
Most discussion of local government financial decision‐making takes a static viewpoint. Authorities are assumed to adopt specific levels of service provision in response to the current year's financial circumstances. Yet expenditure decisions of authorities in England have hitherto had implications well beyond the year in which they are made. Examples of such feedback include determination of future expenditure needs assessments and expenditure targets, qualification for rate‐capping, and grant safety nets, all of which have at some time been based on previous levels of reported expenditure. This paper summarises the history of such dynamic effects, and assesses their importance.