The fiscal problem in Missouri

Bibliographic data

Monograph

Identifikator:: 1833271335

URN:: urn:nbn:de:zbw-retromon-230042

Document type:: Monograph

Title:: The fiscal problem in Missouri

Place of publication:: New York

Publisher:: National Industrial Conference Board, Inc.

Year of publication:: 1930

Scope:: xvi, 359 S.

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter I. State and local expenditures

Collection:: Economics Books

THE FISCAL PROBLEM IN MISSOURI StaTE EXPENDITURES It is common knowledge that the annual expenditures of the state governments have been increasing rapidly. Each year the combined data for the forty-eight states indicate a total appreciably larger than that for the previous year. Numerous reasons might be presented for the increasing volume of state expenditures. The most important are per- haps the extension of state activities into fields previously left entirely or largely to the local governments and the assumption by the state of certain functions that formerly were not regarded as within the proper sphere of government. Then, too, the public has become accustomed to a higher standard of living and consequently demands governmental services that are more extensive in scope and of a higher quality than was once deemed satisfactory. Governmental expenditures have naturally increased with the growth of private expenditures. Our economic and social order is in a state of change, and it follows that the province of govern- ment and the distribution of governmental functions must andergo continuous alterations, if government is to keep pace with economic and social changes. It is probable that the increase in the expenditures of the states as well as of other governmental units can be explained largely on the basis of this concept of change. While state expenditures have been increasing rapidly, it does not follow that the trend for any particular state has been continuously upward. Capital expenditures are fre- quently very irregular, and as a result the total expenditures of a number of states may actually show a decline over a period of several years, although there is a gradual or very striking increase in the combined expenditures of all state governments. Occasionally, administrative consolidations and reforms, effective over a period of several years, will contribute toward a decline in a particular state in the face of the general upward trend. However, where a rapid de- cline or an unusual variation in the total expenditures of a particular state is noted, the most important factor con- tributing to the result is usually found to be the fluctuation of expenditures for capital purposes. As will be seen later.

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