Journal of Public Budgeting Accounting & Financial Management

Peng, Jun

doi: 10.1108/JPBAFM-20-01-2008-B001pmid: N/A

The surging stock market in the late nineties lifted the funding level of most pension plans and led to plan management decisions that left them vulnerable to the stock market decline of 2000-2002. In this study, an analysis was conducted on the descriptive data of 51 state pension plans for the period 1998-2003 and it was found that overfunded plans were more likely to substantially increase benefits while simultaneously reduce contributions. This led to widespread underfunding and a need for sudden increase in contributions as market conditions grew worse and funding levels dropped sharply. This investment cycle emphasizes the need for more prudent surplus management strategies to protect pension plans from the consequences of stock market volatility.

Kassak, K.M.; Ali, A. Mohammad; Tauk, Mitra; Abdallah, A.M.

doi: 10.1108/JPBAFM-20-01-2008-B002pmid: N/A

Many developing countries have at some point in their quest for health reform considered decentralization as a strategy. A search of Lebanese health policy texts revealed a call for some form of decentralization in the mid eighties through Decree 159. This paper highlights the experience of health centers in Lebanon and discusses the importance of implementing an incremental decentralization of the system by highlighting the importance of ensuring political commitment as well as building the capacity of administrative and clinical staff as prerequisites for the implementation of a fully decentralized system.

Handley, Donna M.

doi: 10.1108/JPBAFM-20-01-2008-B003pmid: N/A

Hall, Jeremy L.

doi: 10.1108/JPBAFM-20-01-2008-B004pmid: N/A

Changing political landscape often renews the call for dramatic changes to federal community and economic development grant-in-aid programs. The most dramatic proposal in recent years was President Bush’s 2006 call to consolidate federal assistance programs for communities into a new block grant known as the Strengthening America’s Communities Initiative (SACI). This conceptual study reviews key characteristics of intergovernmental transfers including grant types, features, changes in the intergovernmental fiscal environment, the fungibility/flypaper debate, and the symmetry/asymmetry response of governments to declining intergovernmental revenue. The effects of intergovernmental transfers on state and local governments are connected to differences in grant design features. Potential fallout from proposed or similar changes to grant structure is discussed using the SACI proposal as an example.

Honadle, Beth Walter

doi: 10.1108/JPBAFM-20-01-2008-B005pmid: N/A

This article reviews and analyzes the goals and approaches espoused in the George W. Bush administration’s proposed Strengthening America’s Communities Initiative (SACI). Drawing on a variety of materials describing the rationale, purpose, assumptions, goals, and components of the newest policy approach to community and economic development, this paper tries to critically examine the initiative using a capacity-building framework and some of the historical antecedents of Federal grant programs for community development - including some defunct programs - to inform current discussion about the proposal. Two conclusions of this analysis are that this proposal has much more in common with previous administrations’ proposals for development over the last several decades than its advocates are suggesting and that this policy, like most, is a study in paradoxes and compromises.

Stenberg, Carl W.

doi: 10.1108/JPBAFM-20-01-2008-B006pmid: N/A

Community development was one of the first block grant programs, a “hybrid” which retained categorical features and constraints. The Community Development Block Grant (CDBG) has proven to be resilient and popular with local officials. It has been reauthorized by Congress a number of times over the past three decades, and is among the 15 largest federal grant-in-aid programs. In recent years, the Bush administration, Government Accountability Office, and others have called for major changes in the program, including funding formula, program priorities, performance reporting, and agency location. This paper describes the general characteristics of block grants, the dynamics of the block grant “balancing act,” and lessons from experience. In this context, the varying expectations of CDBG stakeholders and reformers are identified and implications for policy-makers are discussed. Options for the future design and direction of the program are offered.

Blair, Robert; Deichert, Jerome; Drozd, David J.

doi: 10.1108/JPBAFM-20-01-2008-B007pmid: N/A

A partnership of the federal government and the states implement rural community development policy today, yet researchers rarely examine the nature and efficacy of this extensive intergovernmental collaboration. The authors collected data on Community Development Block Grant awards made by one state to small and rural communities for a variety of development projects over a period of more than ten years, and using a modified rural classification system detected patterns and trends in allocation. This study seeks to determine if a federally funded program assists states address the development needs of a diverse mix of rural communities. Do federal block grant programs help states meet rural community development policy objectives? This information should be helpful to local, state, and national government policy makers as they ponder proposals to reorganize dramatically the funding and implementation of community and economic development resources. Perhaps most importantly, this study will also help policy makers understand the complexity of the federal-state-local partnership for rural community development.

Blair, Robert; Deichert, Jerome; Drozd, David J.

doi: 10.1108/JPBAFM-20-01-2008-B008pmid: N/A

A partnership of the federal government and the states implement rural community development policy today, yet researchers rarely examine the nature and efficacy of this extensive intergovernmental collaboration. The authors collected data on Community Development Block Grant awards made by one state to small and rural communities for a variety of development projects over a period of more than ten years, and using a modified rural classification system detected patterns and trends in allocation. This study seeks to determine if a federally funded program assists states address the development needs of a diverse mix of rural communities. Do federal block grant programs help states meet rural community development policy objectives? This information should be helpful to local, state, and national government policy makers as they ponder proposals to reorganize dramatically the funding and implementation of community and economic development resources. But maybe most importantly, this study will also help policy makers understand the complexity of the federal-state-local partnership for rural community development.