/stable/4086 bial te) core) LOCAL GOVERNMENT BUDGET STRATEGY: A CASE STUDY OF SOUTH FLORIDA THOMAS LYNCH Florida International University INTRODUCTION ‘There ave enomouspresrures on cl goverment anc. leet goverment fad decremsng feral id, lnreming taxpayer rosstance fo tater, eching for ate) satesharel ‘evenbes and high rtonon menial seer. Daring the ‘ine tine, the lowersacome strata ofthe, popultion fod ‘edoced federal enstnce, rowih ares required new or ‘panded public sarvces who the existing infatrctree \etgy rnd sewer water syst, ple blllgs required {others what tp of bude sanyo hey treet "Tho autor examined the loa budgets and flan reports ot governmenal enties n Broward aad Dade couse, Pica Inerderoesno the anil cepa of thw goveramens {2 dea wh bea! weeds: There Rodger come spe ‘ria Toi srved ax aa for aniwetng oy of echiving popular ouccv Inthe existing oda {LOCAL GOVERNMENT FINANCIAL CAPABILITY“ 2 of 18 pages (962 AQ FALL 1987 ‘onvce? Wis ‘ecused upon usr foes and toda eb etatve Importance of Property Ta ise in Fld, an in many other sates, are keenlyra) 3 of 18 pages AQ PALL 1987 (sn ‘ndeapitlbodgetng tne, whereas intone stetoe foc (governmental ens PlerideLagiolatre, 1982) No ene revense source is dominant in South Mri oa! ie ow vr compra roan goer rope4 of 18 pages 920 PAQ. FALL 1867 ‘brat ol ol evenne In Dads ce and 14% of Brod ‘ities Broward lal goverment tend tobe more conserve ner Fees ond Entrprive ands ‘uetton, rained $0 min foe sar funds i Sal year ‘What ace enterprise fads sd wer fea? Simply stated ‘Shonda vce conte, Reverse geerted¥y requing payment in the fom of wer fm, moth ike the pes pal to Prat ompeien, Gout alge tne ema ht fs are ‘Ser rerenes equal ons and ny hve rrpecaa and“ 5 of 18 pages AQ FALL 1987 65) Datances to deat with emergencies of poor forcaing. snd ay equal sosteRe ele esie} “ 6 of 18 pages 1386 PA FALL 1987 ‘ipense. For example, raves and parks ae normally bot ssi otra sere bed ca oe ay wat had vettsuteeney Towing services can be eross-subidized within the enterprise ‘iaiy of thr ene enterpriae fd Thy the tags: that eaterpise funds ave a publi perpese, To taxinie ‘eter fd revere, th etre ge) ight do Whar end shave tov by soe my render the pei Seiiay unacceptable o many cles, Pak aie ee alo thought tobe avalable fr general pole ure bat Rgher wer (brio, reduced les forte ley ad speci, low co Atfrdaie Dobe7 of 18 pages PAQ FALL 1987 (ven corporation ‘Th. hey 10. defining. affordable ‘ean hat every cy shonlhave Nigh payments and hat 20% it Type of Debi ‘To make matters moe complex in Fi, thre are three the gener fond. Th fl fh and ero the goveremert beelepgeneraloblenion bonds and sate law pet lang Src opr an ny encanto at8 of 18 pages 1360 PAQ. FALL 1987 ‘operation which ean service the propned revense bods, hen Aconiraton of afordable dei made mere complex by overlapping db nd hidden, cotnget den ven srs, “ariae gororament exist a oveappng Jrditins al with $e legal ablation to do. "Te dts sulin way eoerly ite godin Broward andra) 12 of 18 pages sm PAQ. FALL 1997 ‘bined nteol 9% and 8% ne sarin on he sre, sensors docs renasn pact ot alordale Ante? During an eeonomi resin, saters are unely to ‘oprove bond levee when ther income hasbeen negaely ‘Mfced ya recession. Second. ¢ major revenue sote forthera) 13 of 18 pages PAQ ALL 1987 am Dowatrs Authorty speci dite pried the otto ee ‘inicnty larger det. Ako, fr toward, the Coral Springs ers, hav sed ore ofthe debt capcty. Av de bed for elt Hrreame, the met svi devices to lcreae indebtedness14 of 18 pages om AQ FALL 1987 emt Th era geomet ting de iected bea! budgets. Goverment eventos, icuding Property tees and tanser payments, remained low wat the ‘Sonam improved. Ths low revenue stuton, cupid with syyes egestas towed gover te Segatve view toward ny tar miluge imcrewses td. flor ‘daappoval of eeeral blignen Yond propomls Them: ‘onditens were counter alanced by ealzalin bat rods and ‘Sato, npr, bad abe amproved. Wan a improved duel governments ofl ne 1 srs that property tax recep re being used forthe most 2.oe the enterprise fonde for vale of Bigherdesed ‘cin of gore ate dsr ts“ 15 of 18 pages16 of 18 pages (976 AQ PALL 1987 the user fe ence. ics bes ee tiiing he tri nd over sch cots, especial if they te Dota anpopua neighborhood pr) "othe extent prec al nal facns, wih th posse emp of ledroip cents ech a hy eos hy anager, tnd odget) sould be assigned to an internal sevice fend17 of 18 pages PAQ FALL 1967 am SUMMARY AND CONCLUSIONS ‘Tiare aspen nel een Dd sxategy which wil elp Toe and een suatos, Rape pol tes pt seni ensue bc Tabi money ire dc yverne nec cepbty Programs invalng tnddoral goverment activites and rumpise funds Only professional expert of the highest iy it eb hn oan opty sb Tutor reo hdet nay which eu pn fund som wihou property ts susie./stable/408613! “ 18 of 18 pages 74Q FALL 1987 REFERENCES