FISCAL ADMINISTRATION, Tenth Edition, is based on two principles: Students must understand precisely where the money for public budgets comes from and where it goes, and students must "run the numbers" to effectively learn public finance and budgeting and to be immediately useful to prospective employers. John L. Mikesell gives students detailed instruction to equip them to deal with the complex issues and calculations they will encounter in the field. Chapters include questions and exercises that require calculations to determine the answers. Also included are more "Cases for Discussion" and "Sidebars" that provide in-depth and often irreverent treatment of key topics and illustrate how strange fiscal administration can be.
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 Systems Reform: 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 User Fees, User 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.