The Changes and Impacts of Capital Management Practices: U.S. Counties
Advisor Information
Carol Ebdon
Presentation Type
Poster
Start Date
1-3-2019 10:45 AM
End Date
1-3-2019 12:00 PM
Abstract
The Government Performance Project resulted in a number of publications that have been helpful in furthering our understanding of capital management practices in state and local governments (e.g. Ebdon, 2003, 2004, 2007; Jimenez and Pagano, 2012; Yusuf et al., 2008). The current research will update these findings related to U.S. counties. The main research questions of the study are as follows:
- How have capital management practices changed?
- What are the impacts of capital management practices at the local level?
To address the question, I reviewed each government’s CIPs, CAFRs, and other relevant documents, as well as the interviews of county officials related to the capital planning process, maintenance funding and needs, and capital asset conditions. Then, I compared objective data from CAFRs to subjective data from interviews.
These results will contribute to theory-building in this area, which has been relatively understudied. It will also provide practical policy suggestions to improve efficient and effective capital resource allocation. Lastly, newly collected and measured data can be useful for practitioners who seek to understand their practices.
The Changes and Impacts of Capital Management Practices: U.S. Counties
The Government Performance Project resulted in a number of publications that have been helpful in furthering our understanding of capital management practices in state and local governments (e.g. Ebdon, 2003, 2004, 2007; Jimenez and Pagano, 2012; Yusuf et al., 2008). The current research will update these findings related to U.S. counties. The main research questions of the study are as follows:
- How have capital management practices changed?
- What are the impacts of capital management practices at the local level?
To address the question, I reviewed each government’s CIPs, CAFRs, and other relevant documents, as well as the interviews of county officials related to the capital planning process, maintenance funding and needs, and capital asset conditions. Then, I compared objective data from CAFRs to subjective data from interviews.
These results will contribute to theory-building in this area, which has been relatively understudied. It will also provide practical policy suggestions to improve efficient and effective capital resource allocation. Lastly, newly collected and measured data can be useful for practitioners who seek to understand their practices.