Capital Budgeting and Finance: A Guide for Local Governments, edited by JustinMarlowe, William C.Rivenbark, and A. JohnVogt. Washington, DC: ICMA Press, 2009.

2012 ◽  
Vol 32 (2) ◽  
pp. 115-118
Author(s):  
Kenneth A. Klase
Keyword(s):  
Local Governments ◽  
Capital Budgeting ◽  
Washington Dc

Collaborative capital budgeting in U.S. local government

2017 ◽  
Vol 29 (2) ◽  
pp. 230-262 ◽  
Author(s):  
Hina Khalid ◽  
David S.T. Matkin ◽  
Ricardo S. Morse
Keyword(s):  
United States ◽  
Local Governments ◽  
Public Management ◽  
Capital Budgeting ◽  
The United States ◽  
Institutional Arrangements ◽  
Significant Heterogeneity ◽  
Management Literature ◽  
Research Findings ◽  
Local Officials

This article explores collaborative capital budgeting in U.S. local governments. To date, the capital budgeting literature has focused on practices within individual governments. This leaves a gap in our understanding because a large portion of capital planning, acquisition, and maintenance occurs through collaboration between two or more local governments. Drawing on the capital budgeting and collaborative public management literature, and on illustrative cases of collaborative capital budgeting in the United States, an inductive approach is used to: (1) identify and categorize the different objectives that motivate local officials to pursue collaborative agreements, (2) examine common patterns in the types of assets involved in collaboration, and (3) discover common institutional arrangements in collaboration agreements. The research findings demonstrate significant heterogeneity in the objectives, patterns, and institutions of collaborative capital budgeting.

Thai Public Capital Budget and Management Process

2019 ◽  
pp. 206-235
Author(s):  
Arwiphawee Srithongrung ◽  
Kenneth A. Kriz
Keyword(s):  
Local Governments ◽  
Public Investment ◽  
Public Capital ◽  
Capital Budgeting ◽  
Infrastructure Investment ◽  
Budget Process ◽  
Public Infrastructure ◽  
The Public ◽  
Debt Capacity

This chapter describes the public capital budgeting process in Thailand. Public infrastructure is very centralized; local governments do not play a large role in public infrastructure investment. The country's long-term physical planning is fragmented and lacks an effective long-term fiscal planning. The budget process is dominated by senior civil servants in the Bureau of the Budget, the Ministry of Finance, Bank of Thailand, and the National Economic and Social Development Board. Expensive projects financed by long-term debt bypass the budget process, and as a result, a comprehensive list of annually approved projects is unavailable to the public. This leads to public investment being driven almost entirely by debt capacity. Because of these factors, Thai governments have invested too little in public infrastructure, and the infrastructure investment is uneven across sectors.

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