THE FLORIDA SYSTEM: A BOWEN EQUILIBRIUM REFERENDUM PROCESS
- 1 March 1977
- journal article
- research article
- Published by University of Chicago Press in National Tax Journal
- Vol. 30 (1) , 77-84
- https://doi.org/10.1086/ntj41862115
Abstract
The Florida System is a unique way of holding a referendum for the purpose of determining property tax rates for public school expenditures. This paper describes the operation and characteristics of the referendum process. The system always selects the tax rate most preferred by the median voter, and is far simpler than other referendum processes that achieve the same result.Keywords
This publication has 3 references indexed in Scilit:
- A New and Superior Process for Making Social ChoicesJournal of Political Economy, 1976
- An Elementary Political and Economic Theory of the Expenditures of Local GovernmentsSouthern Economic Journal, 1966
- The Interpretation of Voting in the Allocation of Economic ResourcesThe Quarterly Journal of Economics, 1943