Public finance question | Business & Finance homework help

This discussion question requires you to do a little math. First, however, you should read the article by Shleifer entitled “State versus Private Ownership.” Shleifer argues that most often the private provision (ownership) of public services in most cases is more efficient and of higher quality for a number of reasons.

In a small way, I would like you to test his assertions using two local governments in Broward County: the Cities of Weston and Coconut Creek. You may or may not know that Weston prides itself on having few public employees on its payroll. In fact, it contracts for most of the goods and services provided to its residents. In other words, it is a contract city.

Coconut Creek is a typical city with most services provided through its own public employee workforce. The cities are about the same size. Below I will provide you with key data from which you will need to compute a few items for comparison. Here is a hint. In the Anderson book, he writes about ways to measure the public sector. See page 35 specifically (adjusting for population growth), although in this discussion we are not interested in growth but in comparative measures between the two cities, primarily comparing the cost of providing police and parks services.

Using the data below, tell me

1. 1.Who spends more on police services?

2. 2.Who spends more on parks services?

 

Now for the discussion part.

 

3. 3.Do these figures tell you if the contract city (Weston) is more efficient or less efficient than the city with 100% publicly provided services (Coconut Creek)?

4. 4.Is there another useful measure here that might shed light on the comparative wealth of each city?

5. 5,What else would you say about this comparison?

 

Here are the data.

Weston

Population: 65,237

Tax base: $6,509,074,724

Police budget: $10,095,100

Parks budget: $5,701,700

Current millage rate: 2.0

Coconut Creek

Population: 53,313

Tax base: $2,650,883,782

Police budget: $16,016,840

Parks budget: $3,800,280

Current millage rate: 6.38

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more