Capital Budgeting for a State
Capital Budgeting for a State
复制标题
国家的资本预算
DOI：
10.1111/1540-5850.00886
复制
发表时间：
1990
期刊：
影响因子：
--
通讯作者：
H. Thomassen
中科院分区：
文献类型：
--
作者：
H. Thomassen
各州州长一直是资本预算的直言不讳的支持者。本文回顾了他们的处方。今天的国家只使用资本清单;他们没有真正的资本预算，收入和成本可以在一个全面的框架内进行评估，以帮助决策。在项目预算中，资本消耗不计入税收，在债务预算中，净投资不计入借款。虽然资本预算被许多人看好，但它存在一些令人沮丧的概念和实际问题，包括如何衡量折旧。作者的结论是，鉴于今天的预算理解，从资本上市到资本预算的转变是很难证明的。
State governors have been outspoken proponents of capital budgeting. This article reviews their prescriptions. States today use only capital listings; they have no bona fide capital budgets with revenues and costs that can be evaluated in a comprehensive framework to aid decision-making. Capital consumption is not charged against taxes in a program budget nor net investment against borrowing in a debt budget. While capital budgeting is viewed favorably by many, it has some discouraging conceptual and practical problems, including how to measure depreciation. The author concludes that, given today's budgetary understandings, a move from capital listing to capital budgeting is difficult to justify.