Capital Management Practices in U. S. Counties
Author:
- 1 January 2004
- journal article
- other
- Published by SAGE Publications in Public Works Management & Policy
- Vol. 8 (3) , 192-202
Abstract
Management of capital assets is crucial to maximizing government resources. This study analyzes capital management systems in 40 large U. S. counties, based on results from the Government Performance Project. Quantitative scores are developed to compare the counties with each other and with recommended practices in three areas: capital planning, project management, and asset (or preventive) maintenance. Counties score highest in project management, and lowest in asset maintenance. Long-term planning is common. Innovative practices in specific counties are also discussed.Keywords
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