Craig S. Maher is an Associate Professor of Budgeting and Financial Management in the Division of Public Administration at the Northern Illinois University. He can be reached at email@example.com.
Assessing the Relationship Between Objective and Subjective Measures of Fiscal Condition Using Government-Wide Statements
Version of Record online: 5 SEP 2013
© 2013 Public Financial Publications, Inc.
Public Budgeting & Finance
Volume 33, Issue 3, pages 115–136, Fall 2013
How to Cite
MAHER, C. S. and DELLER, S. C. (2013), Assessing the Relationship Between Objective and Subjective Measures of Fiscal Condition Using Government-Wide Statements. Public Budgeting & Finance, 33: 115–136. doi: 10.1111/j.1540-5850.2013.12017.x
An earlier version of this paper was presented at the 2012 Annual Conference of the Association for Budgeting and Financial Management, October 11–13, 2012. This study has benefited from the helpful comments of the journal's reviewers and editor. Any errors are the sole responsibility of the authors.
- Issue online: 5 SEP 2013
- Version of Record online: 5 SEP 2013
Government Accounting Standards Board (GASB) Statement 34 has been in effect for a decade yet there is limited research examining government-wide financial reporting data. This study builds on our ability to delve into the fiscal condition of Wisconsin counties during the Great Recession. The principal aims of the research are: (1) expand on works utilizing GASB 34 reporting requirements; (2) report on county administrators perceptions of fiscal condition; and (3) examine the relationship between subjective and objective measures of fiscal condition. We find little evidence that objective fiscal condition indices are related to subjective administrative assessments of fiscal condition.