The property tax revolt of the 1970's and 1980's saw many "new" restrictions placed on local government budgets. Most of these restrictions took the form of local tax and expenditure limitations (TELs) which focused on property taxes. The purpose of this study is to examine whether or not local...

Did Proposition 2 1/2 affect local public education in Massachusetts? Using a panel data set on school district budgets (1972--1992), the authors find the following. School districts constrained by Proposition 2 1/2 have significantly less own-source revenue. However, constrained districts...

Did Proposition 2 1/2 affect local public education in Massachusetts? Using a panel data set on school district budgets (1972â1992), the authors find the following. School districts constrained by Proposition 2 1/2 have significantly less own-source revenue. However, constrained districts...

Did Proposition 2 1/2 affect local public education in Massachusetts? Using a panel data set on school district budgets (1972–1992), the authors find the following. School districts constrained by Proposition 2 1/2 have significantly less own-source revenue. However, constrained districts...