000 01715nab a2200229 4500
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_d11011
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005 20201214161616.0
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008 201214b ||||| |||| 00| 0 eng d
100 _aJimenez, Benedict S.
_933680
245 _aPower to the People? The Initiative Process and Fiscal Discipline in City Governments
260 _bSage
_c2019
300 _aVol 55, Issue 5, 2019 : (1280-1311 p.)
520 _aDoes giving citizens the power to decide budget policies improve fiscal discipline in the local public sector? This study examines the effects of local initiatives on city budgetary solvency or the ability of city governments to generate revenues to meet their service and financial obligations in a fiscal year. Budgetary imbalance in the public sector has been blamed on self-interested bureaucrats and elected officials who desire budgets that are higher than that preferred by the median voter. The initiative gives citizens the power to directly decide budget issues. Research shows that voters are more fiscally conservative than government officials, which suggests that fiscal discipline will improve if citizens exercise greater control over budgeting. Using data from audited financial reports for midsized and large cities from 2006 to 2012, the empirical analysis indicates that initiative cities have weaker budgetary solvency compared with noninitiative cities.
650 _adirect democracy
_931949
650 _agreat recession
_934334
650 _acity budgetary solvency
_934335
650 _acitizen initiative
_934336
773 0 _010947
_915473
_dSage, 2019.
_tUrban affairs review
856 _uhttps://doi.org/10.1177/1078087418756534
942 _2ddc
_cART