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    <title>Fiscal Issues  &amp; Geeky Stuff</title>
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   <id>tag:blog.lib.umn.edu,2013:/zrzhao/fiscalissues//8363</id>
    <link rel="service.post" type="application/atom+xml" href="http://blog.lib.umn.edu/cgi-bin/mt-atom.cgi/weblog/blog_id=8363" title="Fiscal Issues  &amp; Geeky Stuff" />
    <updated>2013-02-17T01:05:21Z</updated>
    
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<atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="self" type="application/atom+xml" href="http://feeds.feedburner.com/FiscalIssuesAndGeekyStuff" /><feedburner:info xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0" uri="fiscalissuesandgeekystuff" /><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="hub" href="http://pubsubhubbub.appspot.com/" /><feedburner:emailServiceId xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0">FiscalIssuesAndGeekyStuff</feedburner:emailServiceId><feedburner:feedburnerHostname xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0">http://feedburner.google.com</feedburner:feedburnerHostname><entry>
   <title type="html">Spatial Factors of EMV: A Case Study</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2013/02/spatial_factors_of_emv_a_case.php" />
   <id>tag:blog.lib.umn.edu,2013:/zrzhao/fiscalissues//8363.385629</id>
   
   <published>2013-02-17T00:54:35Z</published>
   <updated>2013-02-17T00:54:35Z</updated>
   
   <summary type="html">I am working on a project to analyze how highway accessibility affects assessed property values. The study area is in the north of City of Maple Grove, where a stretch of Trunk Highway, TH610, is half finished and still looking...</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[I am working on a project to analyze how highway accessibility affects assessed property values. The study area is in the north of City of Maple Grove, where a stretch of Trunk Highway, TH610, is half finished and still looking for additional sources for its completion.&nbsp;<div><br /></div><div>Nice data about land use and property valuations are available. Critical to the project is how I may control other variables, especially spatial or locational factors. Some of them are shown in the maps below:&nbsp;</div><div><img alt="" src="http://blog.lib.umn.edu/zrzhao/fiscalissues//weibo.jpg" width="600" height="3242" class="mt-image-center" style="text-align: center; display: block; margin: 0 auto 20px;" />

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<entry>
   <title type="html">Population without Health Insurance</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2012/08/population_without_health_insu.php" />
   <id>tag:blog.lib.umn.edu,2012:/zrzhao/fiscalissues//8363.364067</id>
   
   <published>2012-08-30T22:34:54Z</published>
   <updated>2012-08-30T22:34:54Z</updated>
   
   <summary type="html"> Medicaid Program in US is a shared responsibility between the Federal and state governments, with lots of variation across states on eligibility criteria and associated benefits. The Economist (08/30) has a nice chart on the percentage of non-senior population...</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
      <category term="federal budget" scheme="http://www.sixapart.com/ns/types#category" />
   
      <category term="state budget" scheme="http://www.sixapart.com/ns/types#category" />
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[<p><img title="20120901_woc893.png" src="http://blog.lib.umn.edu/zrzhao/fiscalissues//20120901_woc893.png" border="0" alt="20120901 woc893" width="493" height="600" /></p>
<p><a href="http://en.wikipedia.org/wiki/Medicaid">Medicaid</a> Program in US is a shared responsibility between the Federal and state governments, with lots of variation across states on eligibility criteria and associated benefits.</p>
<p><a href="http://www.economist.com/blogs/graphicdetail/2012/08/daily-chart-12?fsrc=scn/tw/te/dc/medicaidnation">The Economist (08/30)</a> has a nice chart on the percentage of non-senior population (age under 65s) without health insurance in the states. (Americans ages 65 or older will be covered by a different program, <a href="http://en.wikipedia.org/wiki/Medicare_(United_States)">Medicare</a>.)</p>
<p>Massachusetts has the country's lowest rate of uninsured, at just 5.2%. <a href="http://www.health.state.mn.us/news/pressrel/2012/uninsured030612.html">At about 10%, Minnesota </a>also belongs to the lowest group. In contrast, in Texas the uninsured rate is 26.3%. The sticking difference highlights the fact that the states vary significantly across service levels and spending priorities.</p>]]>
      
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<entry>
   <title type="html">Interactive Guide to Reducing Government Debt</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2012/04/interactive_guide_to_reducing.php" />
   <id>tag:blog.lib.umn.edu,2012:/zrzhao/fiscalissues//8363.352013</id>
   
   <published>2012-04-20T00:31:57Z</published>
   <updated>2012-04-20T00:31:57Z</updated>
   
   <summary type="html">Check out the Economist’s new Daily Chart: The maths behind the madness. The interactive graph allows you to pick two counties/areas and then input your own long-term assumptions to project and compare the likely path of debt out to 2020....</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
      <category term="federal budget" scheme="http://www.sixapart.com/ns/types#category" />
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[<p>Check out the Economist’s new Daily Chart: <a href="http://www.economist.com/blogs/graphicdetail/2012/04/daily-chart-11?fsrc=scn/tw/te/bl/mathsbeghindthemadness">The maths behind the madness</a>. The interactive graph allows you to pick two counties/areas and then input your own long-term assumptions to project and compare the likely path of debt out to 2020. </p>

<p><img src="http://blog.lib.umn.edu/zrzhao/fiscalissues/Screenshot2012-04-19at7.42.06PM-2012-04-19-19-31.png" alt="Screenshot2012-04-19at7.42.06PM-2012-04-19-19-31.png" width="886" height="614" /></p>

<p>Key assumptions include real interest rate (r), GDP growth (g), primary budget balance (p), and inflation (i).  In the government-debt dynamics,  in any given period, the debt stock grows by the existing debt stock multiplied by (r-g), less the primary budget balance p. Inflation helps reduce the total debt stock over time, as the real value of debt decreased with inflation. </p>

<p>Too bad the chart does not include China, where local government debts have been skyrocketing in recent years. </p>]]>
      
   </content>
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<entry>
   <title type="html">Whose Tax Rates Rose or Fell?</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2012/04/_the_new_york_times.php" />
   <id>tag:blog.lib.umn.edu,2012:/zrzhao/fiscalissues//8363.352000</id>
   
   <published>2012-04-20T00:01:12Z</published>
   <updated>2012-04-20T00:01:12Z</updated>
   
   <summary type="html">The New York Times presents this nice graph, showing the change in total federal tax rate for income groups from 1960 to 2004. Note that the decrease of federal tax collection has been accompanied by the increase of state and...</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
      <category term="federal budget" scheme="http://www.sixapart.com/ns/types#category" />
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[<p>The New York Times presents <a href="http://www.nytimes.com/imagepages/2012/04/13/opinion/sunday/0415web-leonhardt.html?ref=business">this nice graph</a>, showing the change in total federal tax rate for income groups from 1960 to 2004. </p>

<p>Note that the decrease of federal tax collection has been accompanied by the increase of state and local tax burdens. The shift itself may incur significant efficiency loss, both administratively and economically. </p>

<p><img src="http://blog.lib.umn.edu/zrzhao/fiscalissues/PastedGraphic-2012-04-19-19-01.png" alt="PastedGraphic-2012-04-19-19-01.png" width="950" height="867" /></p>

<p><br />
</p>]]>
      
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<entry>
   <title type="html">Financial Flexibility and MN's Credit Rating</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2012/02/financial_flexibility_and_mns.php" />
   <id>tag:blog.lib.umn.edu,2012:/zrzhao/fiscalissues//8363.339658</id>
   
   <published>2012-02-21T21:25:52Z</published>
   <updated>2012-02-21T21:25:52Z</updated>
   
   <summary type="html">Minnesota’s Legislature is considering a constitutional amendment that would require a supermajority vote in both the House and Senate to raise taxes. This change, however, will reduce financial flexibility of the state to raise revenue in the future, and may...</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
      <category term="financial management" scheme="http://www.sixapart.com/ns/types#category" />
   
      <category term="state budget" scheme="http://www.sixapart.com/ns/types#category" />
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[<p>Minnesota’s Legislature is considering a <a href="http://www.sos.state.mn.us/index.aspx?page=649">constitutional amendment</a> that would require a supermajority vote in both the House and Senate to raise taxes. This change, however, will reduce financial flexibility of the state to raise revenue in the future, and may risk the sate’s credit rating.</p>

<p>According to <a href="http://www.mnbudgetproject.org/research-analysis/minnesota-budget/tax-spending-limits/supermajority-bond-rating-brief">a recent Minnesota Budget Project report</a>, Minnesota’s credit rating is already on unstable footing, as <a href="http://en.wikipedia.org/wiki/Credit_rating_agency">credit rating agencies</a> become increasingly concerned about the lack of long-term budget solutions across the states. </p>

<p>The report cites several recent examples that states suffered a hit to their credit standings, as the rating agencies cited limited financial flexibility and reliance on one-time measures as contributing factors to the downgrades. The link between financial flexibility and state’s credit rating, however, remains a hypothesis to be tested in research -- a topic that suits my interest very well. </p>]]>
      
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<entry>
   <title type="html">State and Local Government Debt Burdens</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2011/11/state_and_local_government_deb.php" />
   <id>tag:blog.lib.umn.edu,2011:/zrzhao/fiscalissues//8363.322043</id>
   
   <published>2011-11-14T19:42:17Z</published>
   <updated>2011-11-14T19:42:17Z</updated>
   
   <summary type="html">It is just a couple of years since local governments in China were officially allowed to issue debts, but some of them have quickly accumulated debt burdens that are alarmingly high. According to a recent report by Dow Jones Newswires,...</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
      <category term="China" scheme="http://www.sixapart.com/ns/types#category" />
   
      <category term="local finance" scheme="http://www.sixapart.com/ns/types#category" />
   
      <category term="state budget" scheme="http://www.sixapart.com/ns/types#category" />
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[<p>It is just a couple of years since local governments in China were officially allowed to issue debts, but some of them have quickly accumulated debt burdens that are alarmingly high. According to <a href="http://www.financeroll.com/livenews/144461">a recent report by Dow Jones Newswires</a>, the Chinese island province of Hainan has a debt to gross domestic product (GDP) ratio of around 93%, yet the officials still consider the level "within a safe and controllable range."</p>
<p>For the interest of comparison, in my <a href="http://t.qq.com/zhaozhirongus">Tencent Weibo</a>, a Twitter-like mini-blog in Chinese, I provided my Chinese readers some information about U.S. state and local government debt burdens, 1992-2011, with data compiled by the website <a href="http://www.usgovernmentspending.com/compare_state_spending_2011pH0C">usgovernmentspending.com</a>. In 2011, the state with the highest debt/GDP ratio (for total state &amp; local debts) is Massachusetts, with a ratio of 25%; for "all states combined," the ratio is about 17%. (See the attached graph for the top ten states.)</p>
<p>Two other common measures of debt burden are per capita debt and the ratio of debt to personal income. In 2011, per capita debt in Massachusetts is about $15,000, slightly lower than 30% of annual personal income; the national average of per capita debt is about $8,000, roughly 20% of annual personal income.</p>
<p>Despite recurring budget crises in recent years, U.S. state and local governments are more fiscally responsible than the U.S. federal government, and likely so than many Chinese local governments.</p>
<p><img title="Screen shot 2011-11-14 at 1.28.47 PM.png" src="http://blog.lib.umn.edu/zrzhao/fiscalissues//Screen shot 2011-11-14 at 1.28.47 PM.png" border="0" alt="Screen shot 2011 11 14 at 1 28 47 PM" width="523" height="600" /></p>]]>
      
   </content>
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<entry>
   <title type="html">Some data sources for financial analysis</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2011/10/some_data_sources_for_financia.php" />
   <id>tag:blog.lib.umn.edu,2011:/zrzhao/fiscalissues//8363.318675</id>
   
   <published>2011-10-31T15:33:51Z</published>
   <updated>2011-10-31T15:33:51Z</updated>
   
   <summary type="html">1. For state and local governments in general:         •        Data from Census Bureau         •        Data from Government Finance Officers Association         •        Data from International City-Manager Association 2. About local government in Georgia:         •        Government Management Indicators Survey         •        Tax and Expenditure Data Center         •        Local Government...</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
      <category term="statistics" scheme="http://www.sixapart.com/ns/types#category" />
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[<p>1. For state and local governments in general:<br />
&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;•&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Data from <span style=";"><a href="http://www.census.gov/govs/www/estimate.html">Census Bureau</a></span><br />
&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;•&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Data from <span style=";"><a href="https://www.estoregfoa.org/source/Orders/index.cfm?section=Home&task=1&StartRow=6&PageNum=2&SEARCH_TYPE=find&FindSpec=&continue=1&CATEGORY=FID&FindIn=">Government Finance Officers Association</a></span><br />
&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;•&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Data from <span style=";"><a href="http://bookstore.icma.org/E-Documents_C23.cfm">International City-Manager Association</a></span></p>

<p>2. About local government in Georgia:<br />
&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;•&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<a href="http://www.dca.ga.gov/development/research/programs/gomi.asp">Government Management Indicators Survey</a> <br />
&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;•&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<a href="https://ted.cviog.uga.edu/ted/Default.do">Tax and Expenditure Data Center</a> <br />
&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;•&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<a href="http://iep.cviog.uga.edu/dca/">Local Government Analysis System </a> </p>

<p>3. About local governments in Minnesota:<br />
&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;•&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span style=";"><a href="http://www.osa.state.mn.us/#">MN Office of the State Auditor</a></span> (The <span style=";"><a href="http://www.osa.state.mn.us/default.aspx?page=contact#GovernmentInformationDivision(GID)">Government Information Division</a></span> is super helpful)<br />
&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;•&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span style=";"><a href="http://www.census.gov/govs/www/estimate06.html">State and local government finances</a></span>, US Census Bureau<br />
&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;•&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span style=";"><a href="http://quickfacts.census.gov/qfd/states/27000lk.html">Minnesota QuickLinks</a></span>, US Census Bureau<br />
&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;•&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span style=";"><a href="http://www.health.state.mn.us/divs/chs/Trends/index.html">Minnesota Vital Statistics State and County Trends</a></span> <span style="color: #0200E9; ;"></span><span style="color: #1F1F1F;">(Excellent database!)<br />
</span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;•&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span style=";"><a href="http://www.health.state.mn.us/divs/chs/countytables/resources.htm">Selected Public Health Data Websites </a></span> <br />
&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;•&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span style=";"><a href="http://www.lmic.state.mn.us/chouse/">Minnesota Geographic Data Clearinghouse</a></span></p>

<p>4. For nonprofit organizations:<br />
&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;•&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Data from <span style=";"><a href="http://nccs.urban.org/database/index.cfm">National Center for Charitable Statistics</a></span><br />
&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;•&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Data from <span style=";"><a href="http://www.guidestar.org/">GuideStar</a></span> <span style="color: #0200E9; ;"></span></p>

<p>More to come...<br />
</p>]]>
      
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<entry>
   <title type="html">Fiscal Decentralization and Education Finance in China</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2011/10/fiscal_decentralization_and_ed.php" />
   <id>tag:blog.lib.umn.edu,2011:/zrzhao/fiscalissues//8363.317717</id>
   
   <published>2011-10-25T10:29:52Z</published>
   <updated>2011-10-25T10:29:52Z</updated>
   
   <summary type="html">China's per pupil education expenditure is less than $200 a year. Henan Province, in one of China's most populous yet underdeveloped area, has long been troubled with insufficient education input, with its per pupil amount 50% lower than the national...</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
      <category term="China" scheme="http://www.sixapart.com/ns/types#category" />
   
      <category term="education finance" scheme="http://www.sixapart.com/ns/types#category" />
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[<p>China's per pupil education expenditure is less than $200 a year. <a href="http://en.wikipedia.org/wiki/Henan">Henan Province</a>, in one of China's most populous yet underdeveloped area, has long been troubled with insufficient education input, with its per pupil amount 50% lower than the national average. What would local governments in Henan do if they are given more discretion in budgetary decisions? They further cut education expenditures, because local officials have the tendency to spend more on urban development, which promotes faster GDP growth that will award officials higher chances of promotion. </p>

<p>See our recent article on Publius: The Journal of Federalism: "<a href="http://publius.oxfordjournals.org/content/early/2011/10/12/publius.pjr039.abstract">Fiscal Reform and Public Education Spending: A Quasi-natural Experiment of Fiscal Decentralization in China</a></span>." </p>

<p>Since the 1990s, China has pushed forward the "province-managing-county" (PMC) reform in Henan as an experiment of fiscal decentralization. Using a data set of 108 counties in Henan Province during 1999-2008, we employ a <a href="http://en.wikipedia.org/wiki/Difference_in_differences">difference-in-differences</a></span> approach to investigate how the PMC reform affects local public education spending. The results show that counties given additional autonomy tend to spend a lower share of their annual expenditures on public education than other counties do. The findings suggest that fiscal decentralization does not necessarily make local governments more responsive to long-term benefits of local residents. </p>

<p>The analysis was conducted with the "<a href="http://cran.r-project.org/web/packages/plm/vignettes/plm.pdf">plm</a></span>" package in <a href="http://www.r-project.org/">R</a></span>. </p>]]>
      
   </content>
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<entry>
   <title type="html">GovLoop/NASPAA Graduate essay contest</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2011/10/govloopnaspaa_graduate_essay_c.php" />
   <id>tag:blog.lib.umn.edu,2011:/zrzhao/fiscalissues//8363.315658</id>
   
   <published>2011-10-17T21:58:31Z</published>
   <updated>2011-10-17T21:58:31Z</updated>
   
   <summary type="html">To all graduate students interested in US government budget -- See the reposted message below, for a great chance to share your opinions, and to win $2,500! -------- NASPAA has partnered with GovLoop, the premier social networking site for government, to sponsor a Public...</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
      <category term="federal budget" scheme="http://www.sixapart.com/ns/types#category" />
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[<p>To all graduate students interested in US government budget -- See the reposted message below, for a great chance to share your opinions, and to win $2,500!</p>

<p>--------<br />
<a href="http://www.naspaa.org/">NASPAA</a> has partnered with <a href="http://www.govloop.com/">GovLoop</a>, the premier social networking site for government, to sponsor a Public Service Scholarship essay contest. </p>

<p>The contest is open to current graduate students interested in pursuing a career in government (at any level), who submit a short (300-500 words) essay that answers: </p>

<p><strong>“What if the U.S. government had only $100 million left in its budget.  Where should that money go and why? Should it be allocated on the local, state or federal level?  Which agency or department should receive funding, and for what project?”</strong></p>

<p><a href="http://www.govloop.com/">GovLoop</a> is generously funding three awards of $2,500, $1,500 and $1,000.  Submissions will be read and scored by a panel of judges (one from each organization) using a rubric to measure:  Knowledge of Government; Clarity of Thought; and whether the solution proposed is Relevant, Realistic, and Innovative.</p>

<p>The 15 highest-scored essays will become finalists.  The finalist entries will be posted on <a href="http://www.govloop.com/">GovLoop</a>, to be reviewed and voted on by its members.  The three students whose essays receive the most votes will be awarded the scholarships (to be paid directly to their school’s financial aid office).</p>

<p>The entry form, and Rules, are posted at: <a href="www.govloop.com/scholarship-2011">www.govloop.com/scholarship-2011</a>.  The deadline is October 31.</p>]]>
      
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<entry>
   <title type="html">School Funding Cuts and Education Job Loss</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2011/10/school_funding_cuts_and_educat.php" />
   <id>tag:blog.lib.umn.edu,2011:/zrzhao/fiscalissues//8363.315577</id>
   
   <published>2011-10-17T16:06:51Z</published>
   <updated>2011-10-17T16:06:51Z</updated>
   
   <summary type="html">Two recent posts in the "off the charts" blog show some updated information about the alarming picture of K-12 school finance. Adding Up States' K-12 Funding Cuts Education Jobs Still Disappearing The report by the Center on Budgeting and Policy...</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
      <category term="education finance" scheme="http://www.sixapart.com/ns/types#category" />
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[<p>Two recent posts in the "<a href="http://www.offthechartsblog.org/">off the charts</a>" blog show some updated information about the alarming picture of K-12 school finance.</p>
<ul>
<li><a href="http://www.offthechartsblog.org/adding-up-states'-k-12-funding-cuts/">Adding Up States' K-12 Funding Cuts</a></li>
<li><a href="&lt;li&gt;&lt;a href=">Education Jobs Still Disappearing</a></li>
</ul>
<p>The report by the Center on Budgeting and Policy Priorities shows that 30 states are spending less per pupil on K-12 education this year than in the 2007-2008 school year, before the recession started. In aggregate, schools in those 30 states received $25.5 billion less than they did in 2008.</p>
<p>According to a Labor Department jobs report, the nation's schools shed 24,000 jobs in this september. In the last three years, schools have cut 278,000 jobs, with over 40 percent of the cuts occuring in the lasts year.</p>
<div><span style="color: #000000; font-family: arial, verdana, sans-serif;"><span style="line-height: 16px;"><img class="mt-image-none" src="http://blog.lib.umn.edu/zrzhao/fiscalissues/10-7-11sfp.jpg" alt="10-7-11sfp.jpg" width="450" height="454" /></span></span></div>
<p> </p>]]>
      
   </content>
</entry>

<entry>
   <title type="html">Where federal taxes are raised and spent</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2011/08/where_federal_taxes_are_raised.php" />
   <id>tag:blog.lib.umn.edu,2011:/zrzhao/fiscalissues//8363.300594</id>
   
   <published>2011-08-02T15:55:08Z</published>
   <updated>2011-08-02T15:55:08Z</updated>
   
   <summary type="html">See the article on the Economist titled "The Red and the Black: Where Federal Taxes are Raised and Spent." From 1990 to 2009, the federal collected about $1017 billion in Minnesota but spent less than $504 billion, a gap of...</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[<p>See <a href="http://www.economist.com/blogs/dailychart/2011/08/americas-fiscal-union">the article</a> on the Economist titled "The Red and the Black: Where Federal Taxes are Raised and Spent." </p>

<p>From 1990 to 2009, the federal collected about $1017 billion in Minnesota but spent less than $504 billion, a gap of about $513 billion. This is equivalent to about twice the state's 2009 GDP. New York transferred the highest amount, over $650 billion. Relative to its economy, however, Delaware made the biggest contribution, and Minnesota is the second.  </p>

<p><img alt="20110806_WOM959_0.png" src="http://blog.lib.umn.edu/zrzhao/fiscalissues/20110806_WOM959_0.png" width="595" height="462" class="mt-image-none" style="" /></p>]]>
      
   </content>
</entry>

<entry>
   <title type="html">Tax Burden Comparison on Fox Business</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2011/03/tax_burden_comparison_on_fox_b.php" />
   <id>tag:blog.lib.umn.edu,2011:/zrzhao/fiscalissues//8363.279309</id>
   
   <published>2011-03-08T22:26:28Z</published>
   <updated>2011-03-08T22:26:28Z</updated>
   
   <summary type="html">The President of Tax Foundation, Scott Hudge, discusses the difference between burdens in high- and low-tax states.  ...</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
      <category term="state budget" scheme="http://www.sixapart.com/ns/types#category" />
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[<p>The President of <a href="http://www.taxfoundation.org/">Tax Foundation</a>, Scott Hudge, discusses the difference between burdens in high- and low-tax states.</p>
<p><a href="http://www.youtube.com/watch?v=EFVSvN4lbO0&amp;feature=youtu.be"><img title="Screen shot 2011-03-08 at 4.29.52 PM.png" src="http://blog.lib.umn.edu/zrzhao/fiscalissues//Screen shot 2011-03-08 at 4.29.52 PM.png" border="0" alt="Screen shot 2011-03-08 at 4.29.52 PM.png" width="652" height="371" /></a></p>
<p> </p>]]>
      
   </content>
</entry>

<entry>
   <title type="html">NYT Graphic Designer Speaks in Minneapolis</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2011/03/nyt_graphic_designer_speaks_in.php" />
   <id>tag:blog.lib.umn.edu,2011:/zrzhao/fiscalissues//8363.278663</id>
   
   <published>2011-03-03T23:04:51Z</published>
   <updated>2011-03-03T23:04:51Z</updated>
   
   <summary type="html">I am a big fan of New York Times, in part because of the nice work created by its visual journalists that explain, illustrate and contextualize the news for the newspaper and nytimes.com. NYT's graphic department has won many national and...</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
      <category term="teaching" scheme="http://www.sixapart.com/ns/types#category" />
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[<p>I am a big fan of <a href="http://www.nytimes.com/">New York Times</a>, in part because of the nice work created by its visual journalists that explain, illustrate and contextualize the news for the newspaper and <a href="http://www.nytimes.com/" target="new">nytimes.com</a>.</p>
<p>NYT's graphic department has won many national and international awards, including the National Design Award for Communication Design. And I always love to cite their works in my blogs -- for example, the <a href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2011/02/interactive_graph_of_obamas_20.php">interactive graph of Obama's 2011 budget</a>. ﻿</p>
<p>Early this week, a member of the team, Kevin Quealy, spoke at the Walker Art Center. The lecture is webcasted and archived on <a href="http://channel.walkerart.org/play/kevin-quealy-new-york-times-graphics-department/">the Walker Channel</a>.</p>
<p><a href="http://channel.walkerart.org/play/kevin-quealy-new-york-times-graphics-department/"><img title="Screen shot 2011-03-03 at 5.02.59 PM.png" src="http://blog.lib.umn.edu/zrzhao/fiscalissues//Screen shot 2011-03-03 at 5.02.59 PM.png" border="0" alt="Screen shot 2011-03-03 at 5.02.59 PM.png" width="775" height="539" /></a><a href="http://channel.walkerart.org/play/kevin-quealy-new-york-times-graphics-department/"></a></p>
<p> </p>]]>
      
   </content>
</entry>

<entry>
   <title type="html">Map of Property Tax Levels by County</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2011/02/map_of_property_tax_levels_by.php" />
   <id>tag:blog.lib.umn.edu,2011:/zrzhao/fiscalissues//8363.277962</id>
   
   <published>2011-02-28T18:16:01Z</published>
   <updated>2011-02-28T18:16:01Z</updated>
   
   <summary type="html">The Tax Foundation (02/28/2011) provides a county-level map of median property taxes. For more detail, see the Tax Foundation's interactive property tax database.  ...</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
      <category term="local finance" scheme="http://www.sixapart.com/ns/types#category" />
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[<p>The Tax Foundation (02/28/2011) provides <a href="http://www.taxfoundation.org/blog/show/27078.html?utm_source=twitterfeed&amp;utm_medium=twitter&amp;utm_campaign=Feed%3A+TaxPolicyBlog+%28Tax+Foundation+-+Tax+Foundation%27s+%22Tax+Policy+Blog%22%29&amp;utm_content=Twitter">a county-level map of median property taxes</a>. For more detail, see the Tax Foundation's <a href="http://interactive.taxfoundation.org/propertytax/">interactive property tax database</a>.</p>
<p><a href="http://www.taxfoundation.org/UserFiles/Image/maps/property_tax.png"><img title="property_tax.png" src="http://blog.lib.umn.edu/zrzhao/fiscalissues//property_tax.png" border="0" alt="property_tax.png" width="940" height="739" /></a></p>
<p> </p>]]>
      
   </content>
</entry>

<entry>
   <title type="html">Interactive Graphs of State Budget Woes</title>
   <link rel="alternate" type="text/html" href="http://blog.lib.umn.edu/zrzhao/fiscalissues/2011/02/interactive_graphs_of_state_bu.php" />
   <id>tag:blog.lib.umn.edu,2011:/zrzhao/fiscalissues//8363.277525</id>
   
   <published>2011-02-25T16:01:43Z</published>
   <updated>2011-02-25T16:01:43Z</updated>
   
   <summary type="html">Check out the interactive graphs about state budget woes, presented by the Wall Street Journal (02/25/2011).  ...</summary>
   <author>
      <name>Zhirong Zhao PhD</name>
      <uri />
   </author>
   
      <category term="state budget" scheme="http://www.sixapart.com/ns/types#category" />
   
   <content type="html" xml:lang="en" xml:base="http://blog.lib.umn.edu/zrzhao/fiscalissues/">
      <![CDATA[<p>Check out the interactive graphs about <a href="http://online.wsj.com/article/SB10001424052748703408604576164441153633876.html#articleTabs_interactive%3D%26articleTabs%3Darticle">state budget woes</a>, presented by the Wall Street Journal (02/25/2011).</p>
<p><a href="http://online.wsj.com/article/SB10001424052748703408604576164441153633876.html#articleTabs_interactive%3D%26articleTabs%3Dinteractive"><img title="Screen shot 2011-02-25 at 9.54.04 AM.png" src="http://blog.lib.umn.edu/zrzhao/fiscalissues//Screen shot 2011-02-25 at 9.54.04 AM.png" border="0" alt="Screen shot 2011-02-25 at 9.54.04 AM.png" width="925" height="567" /></a></p>
<p> </p>]]>
      
   </content>
</entry>

</feed>
