Local government funding in Ireland: Contemporary issues and future challenges
| Autor: | Stephen McNena, Gerard Turley |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2019 |
| Předmět: |
Public Administration
Sociology and Political Science 05 social sciences Economics Econometrics and Finance (miscellaneous) local taxation 0211 other engineering and technologies 021107 urban & regional planning fiscal imbalances 02 engineering and technology Public administration 0506 political science municipal bonds intergovernmental grants fiscal equalisation Political science Local government JF20-2112 050602 political science & public administration Political institutions and public administration (General) Business management |
| Zdroj: | Administration, Vol 67, Iss 4, Pp 1-26 (2019) |
| ISSN: | 2449-9471 |
| Popis: | The years since the 2008 financial crisis and subsequent economic crash have witnessed significant changes to the funding of the local government system in Ireland. This paper outlines these developments, while, at the same time, exploring some of the most important future challenges relating to the financing of Irish local authorities. The dominant local government revenue issues of the last decade outlined here are fiscal autonomy and the balance between own-source income and central government grants, income differences between urban and rural councils, the Local Property Tax, changes in commercial rates and fiscal equalisation. In terms of fiscal dependency and equalisation, our findings show reductions in the vertical and horizontal fiscal imbalances in the Irish local government system. Likely future challenges include the need to re-examine the balance between business taxes and non-business taxes, funding the expected growth in metropolitan areas and the financing options for capital investment by local authorities, including consideration of municipal bond issuance for the Greater Dublin Area. |
| Databáze: | OpenAIRE |
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