Journal of Public Budgeting, Accounting & Financial Management: Volume 21 Issue 4

Is there a ‘gaap gap’? a politico-economic model of municipal accounting policy

Deborah A. Carroll, Justin Marlowe

Positive accounting theory suggests jurisdictions will meet their stakeholders’ financial information needs at the lowest possible cost, and current accounting policy will change…

The relationship between risk and homeland security financing: a survey of florida city managers and fire chiefs

Christopher G. Reddick, Howard A. Frank

Survey findings from Florida reveal that larger, higher risk communities perceive greater budgetary trade-offs, a view that supports in part the U.S. Department of Homeland…

Stabilization fund strategies in massachusetts: a survey of chief financial officers

Douglas Snow, Gerasimos Gianakis

This article summarizes findings of a survey designed to obtain perceptions of municipal finance officers in Massachusetts regarding stabilization fund management strategies…

A predictive model of fiscal distress in local governments

John M. Trussel, Patricia A. Patrick

This paper investigates the financial risk factors associated with fiscal distress in local governments. We hypothesize that fiscal distress is positively correlated with revenue…

Continuing the search for a theory of public budgeting

Joan M. Gibran, Alex Sekwat

This paper argues that the search for a theory of public budgeting has proceeded mainly on assumptions of the rationalist paradigm. This approach yielded mostly technical…