Indiana's Approach to Fiscal Benchmarking

Services: Analytical studies, Benchmarking/indicators, Data analysis, Policy analysis, Policy studies

Research Area: Tax & Finance

This report provides an introduction to fiscal benchmarking and the Fiscal Benchmarking for Indiana’s Local Governments project. Fiscal benchmarking is the assessment of the financial conditions of a local government within the context of the socioeconomic attributes of the jurisdiction. It begins with a description of fiscal benchmarking, a review of general approaches to benchmarking, followed by a discussion of ongoing fiscal benchmarking projects in other states. Next, some background on the Fiscal Benchmarking for Indiana’s Local Governments project, with a discussion of its approach to fiscal benchmarking. The report concludes with a look at the indicators that will be used to gauge the fiscal situation of Indiana’s local governments.

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