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Full-Text Articles in Public Administration
State Revenue Forecasting Accuracy, Dan Williams, Joseph Ononchie
State Revenue Forecasting Accuracy, Dan Williams, Joseph Ononchie
Publications and Research
This paper examines forecasting accuracy of state revenue forecasting for 50 states using data published on the National Association of State Budget Officer’s (NASBO) website (www.nasbo.org). The data shows four categories of revenue: sales tax, corporate income tax, personal income tax, and all other (as a residual from total taxes). It shows some evidence that forecast bias reflects a hedge against uncertainty; however, there is also evidence that there is a counterbalancing preference to find the money needed to provide the services demanded.
Public Administration More Than Just Politics, Aldemaro Romero Jr.
Public Administration More Than Just Politics, Aldemaro Romero Jr.
Publications and Research
No abstract provided.