Social and Behavioral Sciences Commons^™

Local Fiscal Adjustments From Depopulation: Evidence From The Post–Cold War Defense Contraction, Timothy M. Komarek, Gary A. Wagner

Economics Faculty Publications

In this paper, we estimate the long-term causal effect of population losses on local government revenue, expenditure, and debt by exploiting a quasi-exogenous change that reduced the number of US military personnel by about 40 percent between the late 1980s and 2000. Aggregating across governmental units within commuting zones, we find that real per capita total revenues and expenditures remained unchanged for remaining citizens. At the same time, however, we note several important compositional effects. First, local governments appear to have offset reductions in state intergovernmental aid by increasing property tax revenues. Second, they significantly shifted the composition of expenditures …

The 'New Normal' Of Flooding In Portsmouth, Virginia: Perspectives, Experiences, And Adaptive Responses Of Residents And Business Owners In Low To Moderate-Income Communities, Donta Council, Michelle Covi, Wie Yusuf, Joshua Behr, Makayla Brown, Old Dominion University Resilience Collaborative, Virginia Sea Grant

Presentations, Lectures, Posters, Reports

[First three paragraphs from the Summary]

This project is a part of a broader initiative - the Resilience Adaptation Feasibility Tool (RAFT) - that addresses the daunting challenges coastal communities are facing related to sea level rise and climate change (more information about RAFT is available here: https://ien.virginia.edu/raft).

This aim of this project was to investigate how residents and business owners in low-to-moderate income communities in Portsmouth, Virginia cope with flooding, and to assess implications for how the local government can better engage with residents to better meet their information needs so they can be more resilient to flooding. The …

The Big Economic Development Project Question: Is It New Revenue Or A Spending Transfer?, Paul Harris, Ronald Berkebile, Julia Martin, Larry Filer

Economics Faculty Publications

Most local governments pursue some degree of economic development activity to strengthen their economy by adding jobs and generating tax revenue. Witness the growth in tax increment financing, property tax abatements, tax credits, and exemptions for economic development. These state and local incentives totaled more than $80 billion in 2012. Economic development projects can represent a significant boon for a local economy. Estimating how much money they might generate, however, is not as easy as it initially seems, and jurisdictions can receive far less net new revenue than developers predict. Most consumers have finite incomes, which limits their discretionary spending. …