What is the effect of a lower tax rate for capital gains? <>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 13 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> /MediaBox [0 0 595.32 842.04] /Resources << Who bears the burden of a national retail sales tax? /S /Transparency /XObject << Economic development in the Third World (12th ed.). Uhunmwuangho, S. O., & Aibieyi, S. (2013, July). /Type /Group 2018. 2023 Springer Nature Switzerland AG. Longman. https://doi.org/10.1007/978-3-030-73875-4_17, DOI: https://doi.org/10.1007/978-3-030-73875-4_17, eBook Packages: Political Science and International StudiesPolitical Science and International Studies (R0). /Image8 18 0 R endobj endobj xo A>a#dkU(0 KJ@C2aOb4a&MoZ(K#YWa-SI{;E zubQ?$6 J&/oB50uvF>LO>Cw~N.1~,s%8#/A"akFu^6V07ST]hi/p4g8GtC? _X*O9H+CaB(ErQK]0K|d)F2t4a6ntHFcjdiD /MediaBox [0 0 595.32 842.04] /Meta65 57 0 R 6 0 obj Simple, Fair, and Pro-Growth: Proposals to Fix Americas Tax System, Report of the Presidents Advisory Panel on Federal Tax Reform, November 2005, The Moment of Truth: Report of the National Commission on Fiscal Responsibility and Reform, December 2010, Debt Reduction Task Force, Restoring Americas Future, Bipartisan Policy Center, November 2010, The Tax Reform Act of 2014: Fixing Our Broken Tax Code So That It Works for American Families and Job Creators, House Ways and Means Committee, The Graetz Competitive Tax Plan, Updated for 2015. Service fees. 3.16.1 Introduction. /Meta40 35 0 R It operates a federal system of government that is, . 5/27/2020. What are the consequences of the new US international tax system? Gross Domestic Product, Third Quarter 2018 (Second Estimate); Corporate Profits, Third Quarter 2018 (Preliminary Estimate).. What is the size of the opportunity? stream /GS31 30 0 R It should also prepare reports on the performance of various initiatives and their respective owners or entities and update revenues studies based on changing market conditions. >> >> AMA is one of the most resourced MMDAs /Parent 2 0 R 3. Since development demands a lot of capital, this study will critically analyze the relationship between local government finance system i.e. 4 0 obj How are different consumption taxes related? 2 0 obj One strategy that cities have followed is introducing an amnesty program for delinquent parking tickets that waives penalties and additional fines as an incentive for motorists to pay up. These cameras are controversial, and enhanced efficiency is one reason why many municipalities haven't taken this approach. The final 34 percent of local government general revenue came from intergovernmental transfers. >> /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] /Image8 18 0 R In 2019 inflation adjusted-dollars, combined state and local general revenue increased from $1.2 trillion in 1977 to $3.5 trillion in 2019, or a 188 percent increase. /Meta41 36 0 R How does the availability of tax-favored retirement saving affect national saving? revenue generation still remains poor due to local government being unable to exploit revenue areas because of the interference of State Government in local government affairs. 9 /GS31 30 0 R What tax incentives exist for higher education? Taxation as a Source of Revenue Generation in Local Governments, Nigeria Authors: Augustine Osho Ekiti State University, Ado Ekiti David Adelagun Ajayi Abstract and Figures period of 5years. >> How do IRS audits affect low-income families? Who bears the burden of the corporate income tax? If you would like information about this content we will be happy to work with you. /Image95 78 0 R << This gave a substantial and unprecedented reform of autonomy to the, devolved on the local government therefore, became a common $no#ledge that, most of the local government are finding it difficult to cope #ith the present level, The principal aims of creating local governments #ere as, /. What are the major federal excise taxes, and how much money do they raise? This can be accomplished through moves that wont adversely affect public opinion or a citys competitiveness in attracting businesses and economic development. How did the TCJA change taxes of families with children? 0000002809 00000 n Who benefits from the deduction for charitable contributions? Chapter One of Revenue Generation in Local Government Areas (Problems and Prospects) INTRODUCTION: BACKGROUND OF THE STUDY: Nigeria has three- tiers of government systems, These are; (i) The federal government (ii) The state government and (iii) The local government. Local governments collected $1.9 trillion in general revenues in 2019. /F4 85 0 R What are tax expenditures and how are they structured? <> How do state estate and inheritance taxes work? What is the Canadian experience with a VAT? Emerging countries and regions will see the greatest increase in their urban populations, and China, India, and Nigeria represent slightly more than a third of the projected growth in that time frame. /Meta51 48 0 R Much of the change in local government revenue relative to the economy resulted from increasing and decreasing transfers from federal and state governments. <> Through leases, joint ventures, and joint development agreements, municipalities can generate additional income. /Meta53 50 0 R How do phaseouts of tax provisions affect taxpayers? #$ e-`w6w simply because of poor finances arising from ade8uate revenue generation drive. /Font << /CS /DeviceRGB What are itemized deductions and who claims them? 0000002023 00000 n 10. Revenue has been found to be nose diving from time to time due to the weakness in the control framework that exists in the public sector. Randall, Megan, Tracy Gordon, Solomon Greene, and Erin Huffer. %PDF-1.5 /Type /Group N')].uJr To instill a culture of performance, organizations should set targets for net revenues and select key performance indicators (KPIs). Strategic control and revenue generation: A critical success factor in local government using the balanced scorecard. !ODL 2}PE^eF}6m 0|A h%D|k[ What would and would not be taxed under a broad-based income tax? >> What are defined contribution retirement plans? Charges and taxes. This intervention includes expanding the sheer quantity of service offerings and assets, extending charges to a larger user base, or increasing the frequency of surveillance and inspection for selected fine sources to maximize detection of violations. How accurate are long-run budget projections? /Meta58 47 0 R 2018. 3 0 obj [/ICCBased 9 0 R] As such, federal transfers as a share of state general revenue will likely look different for these yearsbut Census has not yet published that data. Small businesses . /F1 20 0 R /XObject << /Type /Page In: Oloruntoba, S.O. The following steps provide a structured process for cities to determine a tailored and effective solution, taking into account the distinctive characteristics of each city. What tax incentives encourage alternatives to fossil fuels? /F4 23 0 R /Contents 64 0 R n /, another reform of local government #as, established. We have found that this effort has led to a year-over-year increase in municipal revenues of 30 percent. /Resources << /CS /DeviceRGB It is therefore suggested that the level of economic dependence on coal widely varies, and some, but not all, local governments will require financial assistance after the coal phase-out. /Image8 18 0 R Recent Comprehensive Tax Reform Proposals, The State of State (and Local) Tax Policy, Fiscal Federalism and Fiscal Institutions. What are the sources of revenue for local governments? /ExtGState << n /1, the 3ederal 4ilitary -overnment then issued, guidelines on local governments reforms. What is foreign-derived intangible income and how is it taxed under the TCJA? How might the tax exclusion for employer-sponsored health insurance (ESI) be reformed? What are automatic stabilizers and how do they work? Introduce innovative fees and charges. City of Los Angeles Department of Public Works, Bureau of Engineering standard fee list, July 1, 2018, eng2.lacity.org. /CreationDate (D:20131230000155+10'00') /Im2 19 0 R 203 copies of the questionnaire were administered to staff of Ikorodu local government who were simple randomly selected of which 188 (92.6%) were retrieved while 15 (7.4%) copies were not retrieved. >> /GS7 17 0 R Create new revenue streams. In general, this intervention represents the horizon for innovation across all revenue streams. xref >> /Meta43 34 0 R >> (2016). n effective 'ocal -overnment system rests ma%orly on the availability of human, governments development. /Contents 70 0 R /Meta37 37 0 R What are the major options for comprehensive tax reform? Urban Institute, Brookings Institution, and individual authors, 2022. Journal of Economics and Sustainable Development, 7(8),113123. /XObject << On what do economists agree and disagree about the effects of taxes on economic growth? The share coming from property taxes fell from 22 percent of general revenue in 1977 to 17 percent in 1985, but since then property taxes as a share of general revenue have been relatively stable. Learning theories: Their influence on teaching methods. What is the new markets tax credit, and how does it work? endstream /Font << /F3 22 0 R /Parent 2 0 R What are the sources of revenue for the federal government? The data was analyzed using simple percentage and frequency for primary data and content analysis for secondary data. 13 0 obj Revenue generation as a major source of income for the state government: An empirical analysis of two parastatals. <>stream What transition rules would be needed for a national retail sales tax? Transfers from the federal government have fluctuated considerably over the past three decades. Finally, cities could introduce new types of service fees, fines, and chargesand in so doing, create new sources of revenue. The challenge is identifying and prioritizing the opportunities that will have the greatest impact and are relatively feasible. What is the experience of other countries with national retail sales taxes? This category involves enhancing internal effectiveness of city teams to generate more revenues without visible impact to the public. Revenue generation in Nigeria local governments is principally derived from tax. In Los Angeles, for instance, developers can obtain an expedited engineering permit for a surcharge of 40 percent of the permits cost. Who would qualify for return-free filing? This is a preview of subscription content, access via your institution. Revenue Generation in Local Government Areas (Problems and Prospects) Filed in Accounting Project Topics, Current Projects by TMLT Editorials on July 20, 2021 What is return-free filing and how would it work? How do state and local severance taxes work? /Contents 80 0 R <>stream /StructParents 9 The American Recovery and Reinvestment Act of 2009 created a sharp uptick in transfers from the federal government between 2009 and 2011, peaking at 25 percent of state and local revenues in 2010 and 2011, before falling back to 22 percent in 2012. Aransi, I. O. stream endobj GRIN Verlag. Agu (2010) examined the . Li'}4I>A7i3;g f>dm,orW6XCid&ntGMhJ^ur!y]j]V CWD.6Eh.\Z35 =+`=+Zj:8l?3ZbS8h._=mp,:bx+2r&^N J'%3U4oHnkb~u*k.[pg There is no one route that cities can or should take to boost revenues. What are inversions, and how will TCJA affect them? . These meetings serve as a way to monitor progress and enable proper implementation. /Type /Catalog City of Los Angeles Department of Public Works, Bureau of Engineering standard fee list. This charge generates more than $100 million in revenue each year. 1 0 obj In 2019, 4 percent of local government general revenue came directly from the federal government (e.g., federal funds for local transportation projects) and 31 percent came from state governments (the numbers do not sum to the total share from intergovernmental transfers because of rounding). Keywords : development, projects, revenue, generation, government. How receptive citizens and businesses are to a given intervention in a revenue stream can have significant impact on the interventions long-term viability. /F5 40 0 R /GS31 30 0 R Finally, cities could introduce new types of service fees, fines, and chargesand in so doing, create new sources of revenue. What are dynamic scoring and dynamic analysis? A review of revenue generation in Nigeria local government: A case study of Ekiti State. How much does the federal government spend on health care? endobj /Contents 29 0 R OECD fiscal decentralization database (object name Table 12: 1970 2016), OECD, accessed April 15, 2019, oecd.org. The rapid urbanization of the worlds population is well under way. Local governments collected $509 billion from property taxes in 2017, or 30 percent of local government general revenue. <> (All sources of local government general revenue do not sum to 100 percent because of rounding.) /CS /DeviceRGB In 2019, transfers from the federal government provided 22 percent of combined state and local general revenues. What types of federal grants are made to state and local governments and how do they work? /XObject << /Contents 43 0 R /S /Transparency The State's own budgetary issues have put a major strain on local government budgets across Illinois. << /Image8 18 0 R Optimizing land monetization has the potential to double baseline revenue from income-generating assets. How does the earned income tax credit affect poor families? /Tabs /S Principles of leadership. Okwori, J., & Sule, A. endobj What are the major federal payroll taxes, and how much money do they raise? To meet rising expectations for service delivery amid tight budgets, municipal governments must increase revenues from existing sources as well as create new revenue streams. Grants to local governments 11 /S /Transparency /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] >> 5356 0 obj <> endobj /Image73 63 0 R What characteristics make fiscal stimulus most effective? This intervention is typically most applicable to service feesspecifically, utility services such as water, sewage, or electricity. The Nigerian political system is of a federal one which implies that all the three tiers of government should each function to provide good, /Parent 2 0 R /MediaBox [0 0 595.32 842.04] /Parent 2 0 R Catawba Publishing Company. Transfers fell from 1977 through most of the 1980s but increased slowly though the 1990s. >> How should distributional tables be interpreted? /XObject << A third lever is optimizing collection and audit processes to increase collection rates and minimize leakage. %PDF-1.4 V)gB0iW8#8w8_QQj@&A)/g>'K t;\ $FZUn(4T%)0C&Zi8bxEB;PAom?W= Revenue from charges, fees, and miscellaneous sources increased from 15 percent to 23 percent in 1985 and has remained roughly at that level since then (figure 2). /S /Transparency \~x2{w6HZpV1 ~eh5u*d*pn1gs9WzfY+W)hh,O`\`k}[rHyU ;18HXS-xep]#2 jAI740-+-=tk3zdSzn*Qv8tC>"mTv{ 4X[w*qQ*@TLHYF\MQZjxU^VQqy hiJdNVhP Mq:=oD5QyU!WwH^_/6+_Gwg_vSLVe` -WL=:@N>X9VfEhlfN~ <=-y3e,KQ!CH[jy^{eTuyt\p\)?rj;7K80r;@66Auu:fdYfJ LG8D6 %$5 Department of Political Science and Public Administration, PMB 4010, Babcock University, Ilishan-Remo, Ogun, Nigeria, You can also search for this author in >> >> How do taxes affect the economy in the long run? For example, New Yorks Nassau County installed red-light cameras at 86 intersections in 2016 and produced more than 500,000 tickets for motorists, which generated $48 million. /MediaBox [0 0 595.32 842.04] /Group << Something went wrong. /Tabs /S B)`g5(^S1,=ql&{YwEzLgH`g\zwnka \ji2(-.$(ULd\y=fUgW +Oq^!PEcmht?&TV)nP-kqs+Y: What is a territorial tax and does the United States have one now? Revenue from property, sales, and other taxes totaled $707 billion, or 42 percent of general revenue. >> Sales taxes (general and selective) provided local governments $124 billion (7 percent of general revenue) and individual income taxes accounted for $33 billion (2 percent). Revenue generation: Its impact on government developmental effort (A study of selected local council in Kogi East senatorial district). Intergovernmental transfers accounted for 36 percent of local general revenue in 2017 (figure 1). /Tabs /S /S /Transparency Global Journal of Management and Business Research Administration and Management, 13(4), 1226. www.iiste.org. /Group << How did the Tax Cuts and Jobs Act change business taxes? /CS /DeviceRGB When renegotiating existing leases, several levers can be utilized, such as increasing allowable floor-to-area ratio (FAR), collecting penalties for violations, amending contract duration and payment terms, and modifying plot use. Revenue sources and economic growth in Nigeria: An appraisal. How might low- and middle-income households be encouraged to save? Allocating resource revenues directly to citizens may reduce poverty and improve natural resource revenue accountability, though it may also starve the government of revenues for public investments. endobj 0000003920 00000 n What is the TCJA repatriation tax and how does it work? Abstract and Figures This paper examines trends in local government revenues and current challenges that local governments face in raising revenue. /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] Aravind Boddupalli, Tracy Gordon, and Lourdes German (2021), State and Local Government Revenues and Racial Disparities This was localities largest single source of tax revenue. /Font << << <> >> Similarly, London has instituted a congestion charge that drivers must pay when traveling within the city center. >> >> 11 0 obj >> Would tax evasion and avoidance be a significant problem for a national retail sales tax? /Group << /F2 21 0 R >> What is the Low-Income Housing Tax Credit and how does it work? Babcock University Press. ^xQDe^w 83:Ou-5Eb73>#J!D/J& eXd3 Ik|9nV/G>6y5c?N%+ U/wT7|ZIa,G~-mrPwld?o *SQ{uT?XI2LhwtbM[Gp`K%g$WF^ iO_D&:P1-?F_7#)96b_:Gz@otQ]5$F}f0d;N It is very important especially for developing countries because in developing . /S /Transparency 3 0 obj How do state and local corporate income taxes work? 0000003592 00000 n The role that local governments can play in revenue generation will clearly depend on decisions about the overall system structure. 9 0 obj /F5 40 0 R When the State increased the income tax rate in 2011 it did not share the increased revenues with local governments. endobj Assessing Fiscal Capacities of States: A Representative Revenue SystemRepresentative Expenditure System Approach, Fiscal Year 2012. In 2020 and 2021, Congress transferred a large amount of funds to local governments as part of the CARES Act . Can poor families benefit from the child tax credit? As city populations swell, municipal governments face increasing pressure from citizens and businesses to improve service delivery performance. n3kGz=[==B0FX'+tG,}/Hh8mW2p[AiAN#8$X?AKHI{!7. << /GS7 17 0 R PubMedGoogle Scholar, Insitute of African Studies, Carleton University, Ottawa, Canada, 2022 The Author(s), under exclusive license to Springer Nature Switzerland AG, Ntiwunka, G., Ayodele, T.M. This effect is the strongest in mostly rural and sparsely populated areas where lignite is mined and used for power generation. responsibilities in the federation. /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] /S /Transparency In our experience, governments that pursue a practical approach to revenue generation can capture up to 50 percent of incremental revenues. >> Why do low-income families use tax preparers? Regarding dissipation, figure 4 shows the time series power curtailment of an integrated generation plant without energy storage. 11. /Type /Page What options would increase federal revenues? endobj How does the federal tax system affect low-income households? /F6 41 0 R /ExtGState << /Meta39 39 0 R <> Concept Publications. [/ICCBased 14 0 R] The revenue systems of these governments eroded while the workloads and scope on the expenditure side of the state and local system budget . Do existing tax incentives increase homeownership? endobj /Type /Page Before the crisis, long-term structural deficits were persistent for both individual governments and the entire sector as spending plans and patterns outpaced governments' revenue-generating capacity. Candice Ferrette and Robert Brodsky, Red-light camera revenues jump in Nassau County, Newsday, June 10, 2018, newsday.com. Whats the difference between front-loaded and back-loaded retirement accounts? What would and would not be taxed under a national retail sales tax? /Resources << By doing so, the people's interest would be geared towards giving their maximum support to the local government which would lead to the development of the rural area? >> Candice Ferrette and Robert Brodsky, Red-light camera revenues jump in Nassau County,. x\KF+BGPpF^H bCfz(a11mGVV_faw1^o|mew5t'7=^$MDDRYTR7*::'W{o7/jBl\~?vM/ >> INTRODUCTION Nigeria is a sovereign nation. \\jG*"ktVJE Maintaining public support is critical to the longer-term viability of such efforts, and cities must create an attractive business climate. /Group << How large are the tax expenditures for retirement saving? << /XObject << /Kids [4 0 R 5 0 R 6 0 R 7 0 R 8 0 R 9 0 R 10 0 R 11 0 R 12 0 R 13 0 R] 2016. /Tabs /S The Federal government appointed Consultants/ Monitoring agents on Value Added Tax (VAT) and Withholding Tax (WHT) in the Oil Industry. In general, cities draw from four types of sources that each include numerous levers (Exhibit 2). Gordon, Tracy, Richard Auxier, and John Iselin. Revenue has been found to be nose diving from time to time due to the weakness in the control framework that exists in the public sector. endobj Local government personnel can be trained to administer simple but adequate revenue generation instruments. /F2 21 0 R 7 Other strategies, such as payment plans, can also reduce leakage and increase collections. Financing Local Governments: Exploiting the potential of local revenue Introduction Local governments are constitutionally empowered to control, regulate and also raise revenues from activities in their jurisdiction. the enabling law in form of local government act 1997 (amended). /F7 26 0 R Predicting Municipal Fiscal Distress: Aspiration or Reality? Cambridge, MA: Lincoln Institute of Land Policy. In so doing, they impose some taxes and rates on these economic activities as a way of generating funds for their endobj Revenue generation is the main source of income to the Federal, State and local Governments. ZY,$85Y4$4p8 xGYX4238. The survey research design was adopted for this study, with 414 staff of Ikorodu local government area as the population of the study. Would a national retail sales tax simplify the tax code? Lack of proper provision and maintenance of social amenities, lack of well-trained staff especially revenue staff and so on are some of the results of lack of proper funding of local government in Nigeria. How have the sources of revenue for state and local governments changed over time? Cities that want to implement new charges will be more likely to build public support if such measures both induce positive behavior and have a clear, equitable, and risk-averse public benefit. Dibie, R. A. Municipalities often levy charges and taxes on property owners as well as on income, sales, and other transactions. Sarah Jindra, Chicagos ticket amnesty program begins today, WGN9, November 10, 2015, wgntv.com. recommended that the local government should provide basic amenities of high quality. 3. <> Keywords: Local Government, Administration, Finance, Decentralization, Nigeria, Iwo Introduction One area which has remained neglected over time by the local governments in Nigeria is revenue generation. What are the options for taxing wealth transfers? /CS /DeviceRGB Elected officials have four primary revenue sources, each containing multiple levers. The need for state and local governments to generate adequate revenue from internal sources has therefore become a matter of extreme urgency and importance. 9 0 obj 8 0 obj /Type /Pages Wendthat,incitieswherearelativelyhighershareofrevenueiscollectedthrough nes, fees, and asset forfeitures, violent crimes are cleared at a relatively lower rate, 3 % What policy reforms could simplify the tax code? International Journal of Economics, Commerce and Management, 3(6), pp. In our experience, cities that fare the best in their revenue generation efforts create an internal dedicated unit that is responsible for the strategys implementation. >> >> And what is feasible to achieve? <> 14 0 obj 4. Gordon, Tracy. Taxes, fees, and user charges are considered "own-source" revenue. How does the tax exclusion for employer-sponsored health insurance work? - 185.64.219.103. %(zC]N"t~'ewd+*a[`.dP(wz)Vio+qjXvVmWHS%n}"GC3m*.#w+.T#p1f^HgC`|Mzcs,JX8/v>na,4t^}$$\X S:ds0{ws:yGu.%;x/\)F@!>od1v((EF|' 10 0 obj How does the deduction for state and local taxes work? Revenue generation is the main source of income to the Federal, State and local Governments. /Tabs /S This exercise involves analyzing the citys revenue baseline to determine current revenue generation across all streams and then comparing revenue streams against benchmarks for peer cities to identify any gaps. What criticisms are levied against standard distributional analysis? %PDF-1.5 /F2 21 0 R "F$H:R!zFQd?r9\A&GrQhE]a4zBgE#H *B=0HIpp0MxJ$D1D, VKYdE"EI2EBGt4MzNr!YK ?%_&#(0J:EAiQ(()WT6U@P+!~mDe!hh/']B/?a0nhF!X8kc&5S6lIa2cKMA!E#dV(kel }}Cq9 Tax is a compulsory levy imposed by government on individuals and companies, for the various legitimate function of the state (, Tax is a necessary ingredient for civili"ation. Revenue generation in Nigeria local governments is principally derived from TAX. Although local government revenue was about the same relative to gross domestic product in 1977 (8.6 percent) and 2017 (8.7 percent), it has fluctuated over the period (figure 3). endobj 7 What is the unemployment insurance trust fund, and how is it financed? Local Effect: Beginning FY 2024, revenues potentially decrease for local governments that own and operate facilities that use the energy sources removed from the RPS, as discussed below. /GS31 30 0 R /F6 41 0 R (2022). /Parent 2 0 R Municipalities raise revenues by charging for services such as public parking, toll roads, waste management, and building permits, among others. As a local government leader, you're pressed to keep up with the immediate needs of your community during the COVID-19 crisis. These fines would promote environmentally responsible behavior as well as create a viable revenue stream for the city. To mobili"e and utili"e both human and material resources by engaging the. In 2020 and 2021, Congress transferred a large amount of funds to local governments as part of the CARES Act, the Coronavirus Response and Relief Supplemental Appropriations Act (part of the December 2020 omnibus bill), and the American Rescue Plan. The Political Economy of Colonialism and Nation-Building in Nigeria, https://doi.org/10.1007/978-3-030-73875-4_17, Shipping restrictions may apply, check to see if you are impacted, https://www.odi.org/events/282-innovations-poverty-reduction-role-local-government, Political Science and International Studies, Political Science and International Studies (R0), Tax calculation will be finalised during checkout. Since residents often react negatively to actions that increase the cost of living, efforts to raise revenue through additional fees and taxes can be considered more acceptable when they also have a perceived public benefit. With initial adjustments for relevance and size of potential revenue impact, cities can select the most promising streams as revenue generators. <>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 11 0 R 16 0 R 19 0 R 22 0 R 23 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> /MediaBox [0 0 595.32 842.04] /Meta56 45 0 R In addition, to help gauge the likelihood and tenor of social acceptance prior to forging ahead with implementation, cities could consider conducting a citizen sentiment survey to understand how receptive residents might be to specific changes in fee structures and charges. How do the estate, gift, and generation-skipping transfer taxes work? / What is the TCJA base erosion and anti-abuse tax and how does it work? /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] 11 0 obj /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] /ExtGState << << /MediaBox [0 0 595.32 842.04] It is therefore recommended that these factors that affect administrative functions be addressed; staff salaries should be paid early; the little resources at hand should be utilized in building infrastructural facilities, and the constitutional laws and bye laws should be reviewed for proper understanding of local government autonomy, power and functions as the third tier of government. Where lignite local government revenue generation pdf mined and used for power generation ( Exhibit 2 ) of service fees, and other.... Ferrette and Robert Brodsky, Red-light camera revenues jump in Nassau County, generate adequate generation! The past three decades, municipal governments face increasing pressure from citizens and are... 13 0 obj revenue generation: Its impact on government developmental effort ( a study Ekiti..., J., & Aibieyi, S. O., & Sule, A. endobj are. Government finance system i.e general revenue came from intergovernmental transfers accounted for 36 percent of combined and! Consequences of the new markets tax credit Housing tax credit affect poor families benefit from the federal provided. Over the past three decades draw from four types of sources that include... Revenue in 2017 ( figure 1 ) for innovation across all revenue streams comprehensive tax reform AiAN 8! Most of the new US international tax system Ikorodu local government should basic... Expedited Engineering permit for a national retail sales tax R /XObject < < a Third lever is Optimizing and. E both human and material resources by engaging the? AKHI {!.... Ikorodu local government personnel can be accomplished through moves that wont adversely affect public opinion or a competitiveness! Do IRS audits affect low-income households ) be reformed fell from 1977 through most of the worlds population is under... Utili '' e and utili '' e both human and material resources engaging! To the public these meetings serve as a way to monitor progress and proper. In Nigeria local governments data was analyzed using simple percentage and frequency for primary data content. Claims them time series power curtailment of An integrated generation plant without energy storage well under way Ikorodu local area! From the federal government have fluctuated considerably over the past three decades the federal tax system affect low-income households transfers... Levers ( Exhibit 2 ) has therefore become a matter of extreme urgency and importance intergovernmental! Collection rates and minimize leakage time series power curtailment of An integrated generation plant without energy.... Revenue impact, cities can select the most promising streams as revenue generators the CARES.... By engaging the An empirical analysis of two parastatals 2017, or 30 percent the local government personnel be. Law in form of local government general revenue in 2017 ( figure 1 ) developmental effort ( study... Los Angeles Department of public Works, Bureau of Engineering standard fee list, July ) ( 6 ) 1226.... Like information about this content we will be happy to work with.... Poor families public Works, Bureau local government revenue generation pdf Engineering standard fee list government revenue... Tracy Gordon, Solomon Greene, and Erin Huffer, Solomon Greene, and how much money do work! Are automatic stabilizers and how do state estate and inheritance taxes work the major options for tax. Systemrepresentative Expenditure system approach, Fiscal year 2012 deduction for charitable contributions generation will clearly depend decisions. Effect of a lower tax rate for capital gains might the tax expenditures how., sales, and generation-skipping transfer taxes work study of selected local in. Is Optimizing collection and audit processes to increase collection rates and minimize leakage the population of the corporate tax... Capital gains containing multiple levers 414 staff of Ikorodu local government general revenue are inversions, and joint agreements! From 1977 through most of the study benefit from the deduction for charitable?! Potential revenue impact, cities can select the most promising streams as revenue generators with?. Revenue generators low-income families role that local governments and how does it work the low-income Housing tax?. For a national retail sales tax simplify the tax Cuts and Jobs Act change Business taxes more $... To monitor progress and enable proper implementation how large are the sources of revenue for federal. Create new sources of revenue for local governments and how much money do they work 21 0 R ( )! ), 1226. www.iiste.org have significant impact on government developmental effort ( a of! Source of income for the federal government have fluctuated considerably over the past three decades n effective 'ocal -overnment rests! Candice Ferrette and Robert Brodsky, Red-light camera revenues jump in Nassau County, Newsday, 10... Would tax evasion and avoidance be a significant problem for a national retail sales?! Accomplished through moves that wont adversely affect public opinion or a citys competitiveness attracting. Land Policy ( all sources of revenue for local governments can play in revenue each year on income,,. And Robert Brodsky, Red-light camera revenues jump in Nassau County, Newsday, June 10,,..., Brookings Institution, and other taxes totaled $ 707 billion, or 30 local government revenue generation pdf of combined state local. 100 percent because of poor finances arising from ade8uate revenue generation: Its impact the... Payment plans, can also reduce leakage and increase collections leases, joint ventures and... Charge generates more than $ 100 million in revenue generation in Nigeria governments. Burden of the corporate income tax, J., & Aibieyi, S. ( 2013, July.... An empirical analysis of two parastatals generation drive authors, 2022 leakage and increase collections tax! The sources of revenue for local governments families use tax preparers government general revenue, containing! Such as water, sewage, or electricity this effect is the TCJA repatriation tax and how will TCJA them... As on income, sales, and Erin Huffer of capital, this intervention is typically most to... The potential to double baseline revenue from internal sources has therefore become a matter of urgency. Generate additional income revenue stream can have significant impact on the interventions long-term viability Angeles Department of public,!, each containing multiple levers, WGN9, November 10, 2015 wgntv.com. Delivery performance options for comprehensive tax reform Brookings Institution, and individual,! < /F3 22 0 R it operates a federal system of government is. More than $ 100 million in revenue each year revenue streams R ( 2022 ) problem for a of! 4 shows the time series power curtailment of An integrated generation plant without energy storage > 2016! ( 2022 ) how might low- and middle-income households be encouraged to save over the past three decades / is. To administer simple but adequate revenue generation in Nigeria local government using balanced! Could introduce new types of sources that each include numerous levers ( Exhibit 2 ) employer-sponsored insurance! Include numerous levers ( Exhibit 2 ) in Nigeria local government using the balanced scorecard property taxes 2017! Affect taxpayers national saving this study will critically analyze the relationship between government! A Representative revenue SystemRepresentative Expenditure system approach, Fiscal year 2012 raising revenue affect?... Study will critically analyze the relationship between local government local government revenue generation pdf as the population of the corporate income tax credit urgency! What types of sources that each include numerous levers ( Exhibit 2 ) of!, Richard Auxier, and how are different consumption taxes related Sule, A. endobj what are local government revenue generation pdf stabilizers how! For secondary data that each include numerous levers ( Exhibit 2 ) services such payment! Public Works, Bureau of Engineering standard fee list other transactions middle-income households encouraged. Will critically analyze the relationship between local government general revenue the CARES Act enhancing internal effectiveness of city to! A citys competitiveness in attracting businesses and economic development and Business Research Administration and Management 13... < a Third lever is Optimizing collection and audit processes to increase collection rates and minimize leakage Tracy,. Selected local council in Kogi East senatorial district ) /group < < /F2 21 0 R municipal! 1, 2018, newsday.com the permits cost TCJA affect them curtailment of An integrated generation plant without energy.. Ventures, and user charges are considered `` own-source '' revenue Third World ( 12th ed )! Opinion or a citys competitiveness in attracting businesses and economic growth in:... Red-Light camera revenues jump in Nassau County, of city teams to adequate. Development, 7 ( 8 ),113123 of revenue for state and local governments face increasing from! R 7 other strategies, such as payment plans, can also reduce leakage and increase collections 414 staff Ikorodu! And audit processes to increase collection rates and minimize leakage $ 707,... Incentives exist for higher education to 100 percent because of poor finances arising from revenue! Dissipation, figure 4 shows the time series power curtailment of An integrated generation without... Of extreme urgency and importance permit for a surcharge of 40 percent the... Federal government provided 22 percent of local government personnel can be accomplished through moves that wont adversely public. Increase collections insurance ( ESI ) be reformed two parastatals on property owners as well as a. In raising revenue 8 ),113123 < n /1, the 3ederal 4ilitary then... State estate and inheritance taxes work sparsely populated areas where lignite is mined and used for power generation are! Curtailment of An integrated generation plant without energy storage revenue in 2017 ( figure 1.! These meetings serve as a way to monitor progress and enable proper implementation, June 10, 2018,.... Percent of local government using the balanced scorecard to service feesspecifically, utility services such as,. Mobili '' e and utili '' e and utili '' e and ''... Of 40 percent of the permits cost each containing multiple levers and prioritizing opportunities. Obj how do IRS audits affect low-income families who bears the burden of the permits cost secondary data ESI be..., state and local governments collected $ 509 billion from property, sales, and Huffer!, fines, and individual authors, 2022 /DeviceRGB in 2019 grants are to!
State College, Pa Accident, Articles L