Impact of Termination of General Revenue Sharing on New England Local Government Finance
研究了1986年终止一般收入分享(GRS)项目对新英格兰地方政府财政的影响,GRS曾为地方政府提供灵活使用的联邦资金。
Effective October 18, 1986, Title XIV of the Consolidated Omnibus Budget Reconciliation Act of 1985 put an end to general revenue sharing (GRS) which was established in October 1972 to provide fiscal assistance to state and local governments.1 Under the GRS program, federal funds were automatically distributed on a quarterly basis to over 39,000 states, counties, cities, towns, townships, Indian tribes, and Alaskan native villages. Unlike more narrowly defined categorical grant programs, GRS required no applications, had minimum reporting requirements, and gave tremendous spending flexibility to these general purpose governments in using their GRS funds.2