Show simple item record

dc.contributor.authorGoldsmith, Scott
dc.date.accessioned2021-11-17T23:24:54Z
dc.date.available2021-11-17T23:24:54Z
dc.date.issued1992
dc.identifier.urihttp://hdl.handle.net/11122/12486
dc.description.abstractHomer is a first-class city of about 4,000 residents, located in the Kenai Peninsula Borough. The city provides a variety of local government services including police and fire protection, roads maintenance, and parks and recreation as well as a library, but excluding schools (provided by the Borough). These services and general government expenses are financed primarily through sales and property taxes and transfers from the state. City expenditures increased rapidly through most of the 1980s, interrupted only during the recession years of 1988 and 1989. An economic boom occurring at the end of the decade has now passed, and the ability of the city to fund services is being constrained both by the local economic base·and the budget problems facing state government. The 1992 Homer budget reflects a sharp reduction from the previous year, with departments planning layoffs and service cutbacks. Aggressive fiscal planning in future years will be required to minimize the negative effects of budget shortfalls in the coming years. This document provides information to assist the community in addressing this issue.en_US
dc.description.sponsorshipCity of Homeren_US
dc.language.isoen_USen_US
dc.publisherInstitute of Social and Economic Research, University of Alaska.en_US
dc.subjectKenai Peninsula Boroughen_US
dc.subjectgovernment servicesen_US
dc.subjectgeneral government expensesen_US
dc.subjectbudget shortfallsen_US
dc.subjectrecessionen_US
dc.subjectsales and property taxesen_US
dc.titleHomer Fiscal Planning Model: Background Reporten_US
dc.typeReporten_US
refterms.dateFOA2021-11-17T23:24:55Z


Files in this item

Thumbnail
Name:
1992_03-HomerFiscalPlanningMod ...
Size:
9.317Mb
Format:
PDF
Description:
Report

This item appears in the following Collection(s)

Show simple item record