THE CONTEXT OF PUBLIC FINANCIAL MANAGEMENT Public Expenditure Management: Selected Themes and Issues, A. Premchand Capital Budgeting and Planning, Wes Clarke Financial Management of Economic Development, J. Scott McDonald Annual Budgeting and Long-Range Planning: Is There a Fit? - Lessons from Three Case Studies, Yilin Hou and Jun Ma PUBLIC FINANCE The Property Tax: Past, Present and Future, Deborah A. Carroll and Benjamin J. Sharbel E-commerce and the Future of the State Sales Tax System, Christopher G. Reddick and Jerrell D. Coggburn Lessons of Tax Compliance Research for Lawmakers and Tax Administrators: Getting Best Returns from Limited Resources, John L. Mikesell and Liucija Birskyte The Lottery as an Economic Stimulus Tool: The Case of Florida, Susan A. MacManus Promoting Economic Development with Tax Incentives: A Primer on Property Tax Abatements, Esteban G. Dalehite DEBT, WORKING BALANCES, AND FINANCIAL CONDITION ANALYSIS Rating General Obligation Debt: Implications of Resource Scarcity, Steven G. Koven and Stuart C. Strother State Debt Capacity and Debt Limits: Theory and Practice, Dwight V. Denison and Merl Hackbart Working Capital Management in Government: Basic Concepts and Policy Choices, Aman Khan Fund Balance, Working Capital, and Net Assets, Justin Marlowe A Manageable System of Economic Condition Analysis for Governments, Dean Michael Mead PUBLIC PENSIONS The Management of Public Pensions, Jerrell D. Coggburn and Christopher G. Reddick An Econometric Assessment of State and Local Government Retirement System Governance Practices, Investment Strategies, and Financial Performance, William G. Albrecht and Thomas D. Lynch PERFORMANCE BUDGETING AND MANAGEMENT Toward Financial Freedom: Budgetary Reform in the U.S. Courts, J. Edward Gibson Public Participation in Local Performance Measurement and Budgeting, Alfred Ho and Paul Coates Enhancing the Utilization of Performance Measures in Local Government: Lessons from Practice, Milan J. Dluhy The Intersection of Accounting and Local Government Performance Measurement, Ken Smith and Lee Schiffel Reformed County Government and Service Delivery Performance: An Integrated Study of Florida Counties, Alejandro Rodriguez Federal Performance Reporting Requirements: From Financial Management to E-Government, Patrick R. Mullen INTERNATIONAL PERPECTIVES Public Finance Reform in Selected British Commonwealth Countries, Jayesh D'Souza Modernizing Public Budgeting and Financial Management in China, Yun Ma and Meili Niu