Capital Budgeting and Finance

Capital Budgeting and Finance

Author: A. John Vogt

Publisher: International City/County Management Association(ICMA)

Published: 2004

Total Pages: 428

ISBN-13:

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An up-to-date, comprehensive, and detailed how-to manual for planning and financing successful capital projects, written by a nationally known and award-winning expert on capital budgeting, A. John Vogt. Clearly explains capital budgeting approaches and methods, especially for local jurisdictions under 200,000 in population. Indispensable to managers, assistant managers, finance and budget officials, planning directors, public works administrators, and elected officials for choosing wisely among various approaches, using capital budgeting tools, and analyzing trade-offs during the process. Gathers together and clearly presents the accepted and successful policies, practices, and procedures from across the country and describes in detail every step¿from selecting projects, to planning how to pay for them, to structuring and selling debt. Provides an abundance of local government documents, working papers, charts, checklists, and examples from successful jurisdictions. Approach and recommendations consistent with the National Advisory Council on State and Local Government Budgeting, emphasizing goal setting and planning. Tips on prioritizing projects, winning political support for projects, and selling debt successfully. A book for every manager¿s bookshelf.


Capital Financing

Capital Financing

Author: Susan J. Irving (au)

Publisher: DIANE Publishing

Published: 2005-11

Total Pages: 52

ISBN-13: 9781422301203

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Capital acquisition funds (CAF) have been discussed as a new mechanism for financing fed. capital assets. As envisioned, CAFs would have 2 goals. First, CAFs would potentially improve decision-making by reflecting the annual cost for the use of capital in program budgets. 2nd, they would help ameliorate at the sub-unit level the effect of large increases in budget authority for capital projects, without forfeiting congressional controls requiring the full cost of capital assets to be provided up-front. This report describes: (1) how CAFs would likely operate; (2) the potential benefits & difficulties of CAFs, including alternative mechanisms for obtaining the benefits; & (3) several issues to weigh when considering implementation of CAFs. Tables.