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Abstract

Using the method of ordinary least squares (OLS), regressions were run on 22 revenue sources and total general fund revenue for the City of Dover, Delaware. Various specifications were attempted for each revenue source. To forecast each source, the regression with the lowest mean absolute percent error (MAPE) that had coefficients with logical signs was chosen. Revenue forecasts were then created for fiscal years 2007, 2008, and 2009. A tracking system was also created so city officials can easily see if the city is on pace to collect their budgeted revenue.

Details

Title
Municipal government revenue forecasting: A case study of Dover, DE
Author
Shafer, Michael
Year
2007
Publisher
ProQuest Dissertations Publishing
ISBN
978-0-549-38954-5
Source type
Dissertation or Thesis
Language of publication
English
ProQuest document ID
304860374
Copyright
Database copyright ProQuest LLC; ProQuest does not claim copyright in the individual underlying works.