scholarly journals Fiscal Effects of Local Option Sales Tax on School Facilities Funding: Evidence from North Carolina

2010 ◽  
Author(s):  
Wen Wang ◽  
Zhirong Jerry Zhao
Keyword(s):  
North Carolina ◽  
School Facilities ◽  
Sales Tax ◽  
Local Option Sales Tax ◽  
Local Option ◽  
Facilities Funding

scholarly journals An Exploration of Revenue Structure Characteristics in Rural Municipalities

2019 ◽  
Vol 51 (1) ◽  
pp. 46-56 ◽  
Author(s):  
Geoffrey Propheter
Keyword(s):  
Public Finance ◽  
Rural Communities ◽  
Sales Tax ◽  
Total Revenue ◽  
Structure Characteristics ◽  
Revenue Structure ◽  
Local Option Sales Tax ◽  
Local Option ◽  
Rural Municipalities

This article tests for differences in revenue structure between small rural and nonrural municipalities. Colorado serves as a case study owing to its large number of small municipalities. Empirical analyses indicate that rural municipalities are less likely to adopt a local option sales tax, receive a smaller share of their total revenue from intergovernmental aid, and have less diversified tax systems compared to similarly sized nonrural municipalities. The article also shows these conclusions are sensitive to how one defines ruralness, indicating that what scholars know about public finance in rural communities is sensitive to the definition as well.

The Impact of Georgia’s Education Special Purpose Local Option Sales Tax on the Fiscal Behavior of Local School Districts

2017 ◽  
Vol 70 (2) ◽  
pp. 295-328 ◽  
Author(s):  
Eric J. Brunner ◽  
David J. Schwegman
Keyword(s):  
School Districts ◽  
Sales Tax ◽  
Local School ◽  
Local Option Sales Tax ◽  
Fiscal Behavior ◽  
Local Option ◽  
The Impact

Maxing Out: An Analysis of Local Option Sales Tax Rate Increases

2007 ◽  
Vol 60 (1) ◽  
pp. 45-63 ◽  
Author(s):  
LeAnn Luna ◽  
Donald J. Bruce ◽  
Richard R. Hawkins
Keyword(s):  
Sales Tax ◽  
Tax Rate ◽  
Local Option Sales Tax ◽  
Local Option

Local Sales Tax and Revenue Volatility

2011 ◽  
Vol 29 (1) ◽  
pp. 167-180
Author(s):  
Yilin Hou ◽  
Jason S. Seligman
Keyword(s):  
Local Property ◽  
Sales Tax ◽  
Property Taxes ◽  
Sales Taxes ◽  
Local Option Sales Tax ◽  
Short Run ◽  
Local Option ◽  
Revenue Volatility ◽  
Mean Variance ◽  
Variance Approach

Abstract States have long used the sales tax as a revenue source. Since the 1970s states started granting localities the option of levying local sales taxes to enrich their revenue portfolio. Local sales taxes are often structured to reduce local property taxes; in most localities this strategy prevails in referendum. Since sales taxes are more elastic than property taxes, substituting away from the latter poses the threat of increased revenue volatility. We employ a panel dataset of counties in the state of Georgia to examine the effects of local option sales tax on own-source revenue volatility. We decompose volatility into the long- and short-run, use a mean-variance approach in considering correct revenue portfolios across tax-instruments, and find that substitution towards sales tax amplifies revenue variability. Our study fills a niche in die revenue volatility literature; our results imply that sales taxes may have been overweighed in current revenue portfolios.

Does the Local‐Option Sales Tax Provide Property Tax Relief? The Georgia Case

2001 ◽  
Vol 21 (1) ◽  
pp. 73-86 ◽  
Author(s):  
Changhoon Jung
Keyword(s):  
Property Tax ◽  
Sales Tax ◽  
Tax Relief ◽  
Local Option Sales Tax ◽  
Local Option

Local option sales tax, state capital grants, and disparity of school capital outlays: The case of Georgia

2015 ◽  
Vol 27 (2) ◽  
pp. 129-152 ◽  
Author(s):  
Zhirong Jerry Zhao ◽  
Wen Wang
Keyword(s):  
Spatial Data ◽  
Black Population ◽  
School Facilities ◽  
Poverty Rate ◽  
Spatial Data Analysis ◽  
Inequality Decomposition ◽  
Local Option Sales Tax ◽  
Local Option ◽  
State Capital ◽  
School Capital

In recent years, the disparity of school capital outlays has received increasing attention as many schools are facing challenges to meet increasing capital needs. With data of Georgia county school districts during FY2003-2008, this study examines how the disparity of school capital outlays is affected by the mix of capital revenues. Using multiple methods including spatial data analysis, quartile analysis, and inequality decomposition, we find that (1) school capital outlays in Georgia counties are negatively associated with the percentage of black population and the poverty rate, (2) state capital grants do not play an equalization role in school capital outlays, and (3) the use of ESPLOST has some equalizing effects on the funding for school facilities, contrary to earlier findings in the literature.

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