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1 Chris R. Edwards, Current Issues in Local Government Finance: School Reforms, Mandates, Government Reinvention Shape Policy 1 (1994)

handle is hein.taxfoundation/srdbxz0001 and id is 1 raw text is: TAXrflW FOUNDATION March 1994 Number 31 Current Issues in Local Government Finance School Reforms, Mandates, Government Reinvention Shape Policy Local governments across the I Inited States will raise and spend an estimated $656 billion in 1994 and employ II million people-over half of all government workers in the country. Local governments form a complex web of 87,000 different jurisdictions including city and county governments, school districts, and many special districts which typical perform single functions such as water supply. To finance their activities, local governments will collect $408 billion in taxes and other revenue and receive $248 billion in grants from the federal and state governments. Figure / highlights the sources of revenue and purpose of expenditures for local governments in the U.S. The primary local tax is the property tax which will raise an estimated $190 billion in 1994. The largest general spending function of local government is education, totalling an estimated $278 billion in 1994. In addition to Figure I Local Government Finances, Projected 1994i Revenue Feeal Ai $2 billio Stt A $22 billio- Prpet Taxes $19 bilio Othe Loa Revnu Welfar: bilo Seer/ase $3 billion * In addition to $656 billion in general expendituores, local government expenditures on utilities, liquor storcs, and employcc rctircment will total an estimated $98 billion in 1994. Source. T[ax F oundation estimates bised on Bureau l ( CCImSL data. J3y Chris R. Edwards Econo mist Max boundation Local Governments Cities Counties School Districts Special Districts

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