About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

GGD-77-60 1 (1978-02-22)

handle is hein.gao/gaobaawtc0001 and id is 1 raw text is: DOCUMENT RESOBNE 05133 - [B05454681 Impact of antirecessior, Assistance on 16 County GovexnmantS. GGD-77-60; B-146285. February 22. 1979. 24 pp. Report to the Congress; by Elmer B. Staats, Comptroller General, Issue Area: Inter vernmental Pollcies and F. scal Baeatioiis: Financial Assistance 2L.)qrams (406). Contact: General Government- Div. Budqet Function: Revenue Sharing and General Purpose Fiscal Assistance: Other General Purpose Fiscal Assistance 4852). Organization Concerned: Departaent nf the Treasury. Congressional Aelevance: Congress; House Commttee en Governent Operations; Senate CoMaittee on Finance. Authority: Public Borks Employment Act of 1976 (P.L. 94.-369). P.L. 95-30. The Public lorks Employment Act of 1976 eptablished a program to provide State and local governmerts with antirecession assistance payments. It was designed a- a means for streugthening the Federal Governmentss ability to stabilize the national econos7 by promoting greater coordination, duriag times of econoatic downturn, betwen nat4lonal economic pcolicy and budgetary actions of State and local governments. laitially Conqress authorized $1.25 billion to be paid State and local goveranonte for the f5we quarcters ending 5'iptember 30. ii97i, zrd then renewed the program ior an additional year. As of Aipril 7, 1977, $1.18 billion was paid to recipient gevexun4ents. Findings/Concluslons There was little evidence that the recession severely affected the bndgets uf 16 selected county governments. The interchazgeable nature of nonieys. shifting priorities and ueeds, changing revenue amounts free varicus sources, and the relatively small contribution autirecessior payments made to tLe counties' resources impairi4 analysis of the proqram's actual effect on county budgeto. Etowever, the following affects were noted: (1) three counties' revenue collections were talling short of meeting expezmditures,, and antirecession funds helped balance the budgets and possibly avoided counterproductive steps; (2) five countries were collecting sufficient rerenues to meet budgeted expenses and uzzed antirecession funds to maintain cr augnen', surpluses; and (3) six counties sere collecting enough revenues ta meet budgeted expenditures, and antirecession :unds were used tc increase eutborized expenditure levels. fl.st counties appropriatine, antirecession funds reporte4 using this assistance for salaries. However, assistance paiyents were substituted for other revenues that noraally funded the p~sitions. (PRS)

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most