Net available assets as a proxy for financial condition: a model for measuring and reporting resources available to a local government.: An article from: Government Finance Review

This digital document is an article from Government Finance Review, published by Government Finance Officers Association on June 1, 1998. The length of the article is 4291 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: A model which assesses and reports the financial conditions of a local government's governmental activities is developed with the aim of presenting a thorough measure of net available assets. To develop the model, specific consolidated measures of financial conditions were first identified. These measures included the debt-to-equity (DTE) ratio and the equity-to-property (ETP) tax base ratio. The DTE ratio involves a change in the denominator's net available assets amount, while the ETP tax uses the actual assessed property tax value in the denominator when dealing with net assets and total equity.

Citation Details
Title: Net available assets as a proxy for financial condition: a model for measuring and reporting resources available to a local government.
Author: Lance W. Wolff
Publication:Government Finance Review (Magazine/Journal)
Date: June 1, 1998
Publisher: Government Finance Officers Association
Volume: v14 Issue: n3 Page: p29(5)

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