The first comprehensive analysis of the design and effects of tax and expenditure limitations (TELs), "The Control of Municipal Budgets"shows how limitation measures have worked and offers practical guidelines for analyzing and designing such programs under current economic and political conditions. Looking first at the characteristics of different types of TELs, Merriman discusses the various ways in which limitations may be imposed. He next reviews the history and current status of TELs, beginning with control efforts imposed more than a century ago, and comments on the long-range...
The first comprehensive analysis of the design and effects of tax and expenditure limitations (TELs), "The Control of Municipal Budgets"shows how l...