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Federal disaster relief and local government financial condition.

By: Contributor(s): Material type: TextTextLanguage: ENG Publication details: 1991Description: 22 pReport number: ECE-8517265Subject(s): Subject: Federal relief for local government following natural disastes in provided under the assumption that without aid disasters may overwhelm local resources, thus slowing recovery. This paper provides evidence that changes in the financial condition of local governments was not improved by receiving federal aid. Additionally the paper shows that initial financial impacts of disasters may be negative, but that within two years the net effect is positive.
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Federal relief for local government following natural disastes in provided under the assumption that without aid disasters may overwhelm local resources, thus slowing recovery. This paper provides evidence that changes in the financial condition of local governments was not improved by receiving federal aid. Additionally the paper shows that initial financial impacts of disasters may be negative, but that within two years the net effect is positive.

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