Property Tax Extension Limitation Legislation and Local Government Fund Balance Management: Case of Illinois Counties

• In Event: Financial Management in Local Governments

Brief Overview

PTELL is expected to result lower fund balance reserves, but preliminary analysis show a complicated relationship between PTELL provisions, revenue and spending in Illinois counties since introduced in the early 1990s.

Authors

• LaShonda M Stewart, Southern Illinois University-Carbondale

• John A. Hamman, Southern Illinois University-Carbondale

• Brian C. Chapman, Southern Illinois University

• Joshua L. Mitchell, University of Arkansas