Capital Budgeting and Finance: A Guide for Local Governments

摘要

Some of the most important decisions that local government officials make concern capital expenditures for infrastructure, capital facilities, and major equipment. These decisions are important because of their future impacts on community development and growth and because they typically involve long-lived and expensive assets that require raising and spending large sums of money. Planning and securing funding for long-lived assets and the rehabilitation or replacement of them is a difficult task, and one that has few guides for local government and finance officials or anyone who wants to become more informed in this area.