Mikesell's FISCAL ADMINISTRATION, 11th Edition, gives you the power to understand public finance as a participant who can put the process together, not just as a bystander. With in-depth analysis of important events like marijuana legalization, COVID-19 and Supreme Court e-commerce rulings, you'll understand how recent events impact budgets at the national, state and local levels. Each chapter begins with learning objectives that provide a roadmap for the chapter and tie to the end-of-chapter exercises. You'll also find case studies, exercises and questions that help you apply chapter content to real-world scenarios. With U.S. federal, state and local budgets, financial reports and other documents, you can see how policymakers and administrators operate and learn skills needed to function in those systems.
1. Fundamental Principles of Public Finance.
2. The Logic of the Budget Process.
3. Budget Methods and Practices.
4. Federal Budget Structures and Institutions.
5. State and Local Budgets.
6. Budget System Reforms: Trying to Make Better Choices.
7. Capital Budgeting, Time Value of Money, and Cost-Benefit Analysis: Process, Structure, and Basic Tools.
8. Taxation: Criteria for Evaluating Revenue Options.
9. Major Tax Structures: Income Taxes.
10. Major Tax Structures: Taxes on Goods and Services.
11. Major Tax Structures: Property Taxes.
12. Revenue from Fines, Fees, Charges, and Sales by Public Monopolies.
13. Revenue Forecasts, Revenue Estimates, and Tax Expenditure Budgets.
14. Intergovernmental Fiscal Relations: Diversity and Coordination.
15. Debt Administration.
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John Mikesell
John L. Mikesell received his Ph.D. in economics from the University of Illinois. He is chancellor's professor of public and environmental affairs at Indiana University-Bloomington. His work on government finance and taxation has appeared in journals such as National Tax Journal; Public Budgeting and Finance (for which he serves as editor-in-chief); Public Finance Quarterly; Southern Economic Journal; Public Administration Review; Public Choice; International Journal of Public Administration; and Journal of Public Budgeting, Accounting, and Financial Management. Dr. Mikesell is co-author of Sales Taxation, State and Local Structure and Administration (Urban Institute Press). His distinguished career includes serving as chief fiscal economist on the USAID Barents Group/KPMG Peat Marwick fiscal reform project with the Government of Ukraine (1995) and as director for assistance in intergovernmental fiscal relations with the USAID Georgia State University Consortium Russian fiscal reform project (1998–99). He directed U.S. Department of State supported public administration partnerships involving institutions in the U.S. and Russia, and he has worked on fiscal studies for several states, including New York, Minnesota, Indiana, and Hawaii; as consultant on World Bank missions to several countries; and as a senior research fellow, Peking University–Lincoln Institute Center for Urban Development and Land Policy in Beijing. Dr. Mikesell received the 2002 Wildavsky Award for Lifetime Scholarly Achievement in Public Budgeting and Finance from the Association for Budgeting and Financial Management.
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New current events coverage that answers questions like: How does post-COVID work-from-home policies affect interstate income taxes? How did the Supreme Court’s ruling on the constitutionality of economic nexus affect sales tax administration on Internet sales? How have the rise of criminal justice fines as a revenue source changed how governments allocate public safety resources? The new edition reflects the many social, economic and legal forces altering the landscape of Fiscal Administration.
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A new focus is placed on considerations of race, gender and social equity in the many dimensions of budgeting and tax issues.
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New examples draw from the COVID-19 pandemic’s fiscal and macroeconomic effects (public expenditures, inflation, intergovernmental grants), providing fresh relevancy to the lived experience of students.
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"Cases for Discussion" present real-world contemporary case studies that encourage students to think critically about how government finance works. Each case includes questions that prompt students to analyze and debate fiscal applications in the public sector.
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"Sidebars" provide insights into the operation of finance that go beyond the ordinary textbook coverage.
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"Questions and Exercises" at the end of each chapter challenge students with both quantitative and qualitative solutions to fiscal problems drawn from federal, state and local government levels.
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FISCAL ADMINISTRATION, Eleventh Edition, covers the full scope of financial operations, including the budget process, revenue policy and administration, intergovernmental fiscal relations, and debt administration, with clarity and authority. It provides in-depth analysis and develops the skills that the student will need to become an active participant in public finances. It starts the development of financial specialists and provides the basics needed for any public manager.
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"Cases for Discussion" present real-world contemporary cases that encourage students to think critically about how government finance works. Each case includes questions that prompt students to analyze and debate fiscal applications in the public sector.
-
"Sidebars" provide insights into the operation of finance that go beyond the ordinary textbook coverage.
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Chapter-ending "Questions and Exercises" challenge students with both quantitative and qualitative solutions to fiscal problems drawn from federal, state, and local government levels.
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