PADM 6632 - Public Finance and Budgeting

Recommended prerequisite: PADM 6601. State and local expenditure patterns and revenue sources, income taxation at the state and local levels, excise taxation, sales taxation, taxation of capital, and the property tax. Emphasis on fiscal and economic aspects of federalism and federal/state fiscal coordination. The role of the budget in the determination of policy, in administrative integration, and in control of government operations. 3 credits.