The Balancing Act: Using Private Money for Public Projects

IF 0.9 Q4 PUBLIC ADMINISTRATION
C. Ebdon, Paul Landow
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引用次数: 9

Abstract

As public resources become scarcer, private donations for capital projects and public services may become increasingly important. Modern donors, using the new philanthropy philosophy common now in the nonprofit sector, may desire more control over the use of their funding than in the past. This research examines the effects of private donations on capital decision making, and explores the balancing act required by public officials between best practices and private norms in this process. The study uses the city of Omaha, Nebraska case, where corporate and individual donors have made significant financial contributions for the construction of a convention center/arena and a baseball stadium. Findings include both costs and benefits of this approach, and may be beneficial for theory-building related to this relatively unexplored topic, as well as for practitioners faced with similar needs and demands.
平衡法案:将私人资金用于公共项目
随着公共资源越来越稀缺,私人对资本项目和公共服务的捐赠可能变得越来越重要。现代捐赠人采用了非营利部门普遍采用的新的慈善理念,他们可能希望比过去对资金的使用有更多的控制权。本研究考察了私人捐赠对资本决策的影响,并探讨了在这一过程中,政府官员在最佳实践和私人规范之间所需要的平衡行为。该研究以内布拉斯加州的奥马哈市为例,在奥马哈市,企业和个人捐赠者为建设一个会议中心/竞技场和一个棒球场提供了大量的财政捐助。研究结果包括这种方法的成本和收益,并且可能有利于与这个相对未探索的主题相关的理论建设,以及面临类似需求和要求的从业者。
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来源期刊
Public Budgeting and Finance
Public Budgeting and Finance PUBLIC ADMINISTRATION-
CiteScore
2.10
自引率
14.30%
发文量
25
期刊介绍: Public Budgeting & Finance serves as a forum for the communication of research and experiences on all facets of government finance and provides meaningful exchange between research from universities, private and nonprofit research institutes, practitioners in public financial markets, government agencies, and the experience of those who practice government budgeting and finance. Researchers, practitioners, and teachers of applied government finance turn to Public Budgeting & Finance to find understandable, reliable, and thoughtful analysis of issues important in the field. The content of the journal spans the spectrum of budget process and policy and financial management, is never limited to one level of government or even to one country, and always even-handedly crosses disciplines and approaches in applied government finance.
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