Live Discussion on Municipal Finances with former DC Mayor Anthony Williams
Date: Thursday, June 19, 2014
Time: 3:00 p.m. - 4:30 p.m. ET (19:00 – 20:30 GMT or convert time)
The event has concluded. Watch the replay below.
From Detroit to Lahore, cities face financing challenges. In an ever urbanizing world, cities are important for national economies and social prosperity and stability, but they are also very vulnerable to any global financial crisis. Municipal Finances, A Handbook for Local Governments focuses on a wide range of topics of interest to cities from revenue management to self-assessment. Join us for a discussion on what works and what doesn't in municipal financing and what cities can do to get their finances in order.
Read what others are asking
Dr. Ashish Manohar Urkude
Please check many Municipal Corporations in the world. What irrigation department does is not known to the electrification department, what road building department does is not known to the electricity and irrigation departments....thus total chaos ruin all the budgets and hopes of the civilians. To whom to ask and who will reply to it and who should be held responsible for this? Such questions are raised by many older friends from Detroit to Delhi to Dehraudn to Dhaka, Bandung to Bombay, Nagpur to Nainital, Kedarnath to Badrinath, .... Hope you will touch this point in your important discussion, as it's public money and hard earned taxes, that are wasted rather than invested.
Ma Luisa Melgoza del Angel
HOW CAN WE LEARN ABOUT GOOD EXPERIENCIES EN MEDIUM CITIES?
Nepal is infant in urban development and Government is declaring new municipalities without proper evaluation of basic urban infrastructure. Urban planners are not considering the financial matters for their strategic plans i.e. they concentrate only on infrastructure plan without considering the financial matters. In this context, do you think that the urbanization in Nepal be effective and sustainable? What needs to be done?
Thanks alot for the update and thank you very much as I can see Iam still in your databank. One major concern I have is the skyrocketing prices of properties within the Municipality.Though its a willing seller willing buyer basis,what can be done to bring the prices down?
Neak Mohammad Mohibi
what are the possible way to improve the revenue collection and also simplify the municipal process including registration of land
In less developed countries, the society is constantly under pressure of paying taxes which raises every couple of months, with the incomes that are constantly low. This pressure effects their choice when the elections come (some researches indicate that constant stress about the money lowers the IQ). In this situation, when the society is weak, who/what will make the government become more responsible in managing municipal finance - land management, capital investment etc?
The local bodies indirect taxation is facing greater opposition from trade and is forcefully lobbied for its abolition. The reliance only on property taxes would be meager. Greater competition with the national and the provincial Governments leaves cities with very meager sources. Increased aspiration of citizens expecting global city infrastructure leaves contradiction of incapable cities.Would shifting from tax based income towards user charges and increased business participation in providing civic services with credible business models the only way out?
The U.S. Bankruptcy Code provides a legal framework for U.S. municipal governments under financial distress to restructure its financial obligations. Should other countries adopt a similar bankruptcy code for its states, cities and municipalities?
Rosalinda de La Cruz
Hi everyone, I have a question about municipal finances and the decentralization process, I am from Perù and in the last decade has driven the decentralization process in order to generate improved in the cities of the country, this reform came accompanied by a background for exploitation of natural resources, especially mining which generated considerable revenue to the inner cities of the Republic, but this prosperity is not reflected in works, public infrastructure improvements, or improvements for educational population on the contrary what is ultimately noting is the high degree of mismanagement of public funds, accompanied by high levels of corruption in this regard based on cases that are seen in your personal experience serious question that model could be used to avoid these evils and improve municipal finances of cities?, what policy reforms help create efficiencies and generate growth Perù cities?
What are best ways of managing local municipal revenues in local government to ensure transparency accountability and equality in expenditure, as Afghanistan is a country with central government, all the revenue of local government goes to central government and does not come back most of them. for Ex: one of the northern province has more revenue, but still there is no drinking water available for people. lack of budget is the answer of central government.
How did the DC handles governance issues? Do they perform annual self-evaluations to comply with the Federal Managers Financial Integrity Act (FMFIA)? Do they perform participatory budgeting? How? Do they publish their financial figures so that taxpayers have public access to public information?
In my country,as in so many others,it is not bad tools,misinformation or lack of will that erodes revenues.It is CORRUPTION.The resources are there,but they misteriously disappear in the fogs of waste,overpriced goods and services,and trails of paper. So my question is:What are the best know tools to fight CORRUPTION on today´s city administration?
Hello everyone. Serbia is a small country in Europe, largely centralized. The largest part of the revenue belongs to the republican budget, while a small portion remains cities (local taxes and fees) or to return to the form of transfers from the Republic (by predefined criteria). Cities are trying to increase local revenues (which are strictly defined by law). The local revenues include: property taxes, local taxes , revenues from leasing or selling the property of the city, grants, subsidies, and the like. How to increase local revenues in such a situation? Whether the increase in tax rates, local taxes and the amount of rent the best way? In addition , revenue collection is a major problem . Average budget implementation is about 70%, and the needs of the Cities are much higher (road construction , social protection , investment , agriculture, etc. . ).
VINCENT MARK ABEDI
How will African Cities will learn from the developed countries short,medium and long term planning to implement them in their cities to improve the leaving standard of their people. VINCENT MARK ABEDI NSAWAM-ADOAGYIRI MUNICIPAL ASSEMBLY EASTERN REGION GHANA
Would like to understand how can local government and municipal finances be well connected with each other?
The course and discussions on Municipal Finances is the best learning grounds to Local Governments and Urban Councils if they are to achieve the development goals. Due to transition from totally relying on central government grants for service delivery, the attitude and culture of local revenue administration and management is extremely poor. The sources of local revenues collected by local governments are very hard to collect and generate poor yield. There is high local revenue payment evasion and avoidance due to poor mechanism of tracking by both poor and rich tax payers. 95% of the local revenue collected by local governments is used as recurrent expenditure and the 5% on operation and maintenance. Most leaders even evade and avoid the taxes more than the poor population. Please expand the coverage of this course and discussion to change the culture and attitude of our people to effectively pay local taxes for development.
Ibrahim Chernor Bah
It is believed that an increase in decentralization from central Government to Local Government may improve services and reduce corruption. Is this the case for every aspect, if not what is the best way/ best theory to be used to determine which functions are to be handled by either the Central Government or the Local Government.
Do you have any suggestions for non-traditional sources that a local authority can pursue to raise additional funds?