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Public-Private Partnerships

This chapter explains what PPPs are and how they work, detail the pros and cons of
PPPs relative to public procurement, describes how to measure the success or failure
of a PPP, and lays out the factors to consider when deciding upon a PPP.

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Municipal Pooled Financing Mechanisms

Broadly speaking, pooled financing entails gathering the borrowing
needs of a group of municipalities and raising the combined debt on
the capital market or from other sources of finance. This can be done
either through a state governmental agency or through cooperation
among local authorities.

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Creditworthiness

With rapidly growing populations, backlogs of
infrastructure projects and scarce public funds
to finance them, cities must look to abundant
sources of private capital to finance their development
needs.

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Non-Tax Own-Source Municipal Revenues

The revenue available to local governments is a key determinant of a
city’s ability to provide the services citizens need and to meet expenditure
requirements. In cases where revenue is constrained, infrastructure
investments often suffer, and government services are reduced.

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Sustainable Municipal Finance for Development

Local Governments need to achieve sustainable sources of
finance to be able to invest in urban infrastructure and offer basic
services. However, local governments face several challenges
such as insufficient and unreliable transfers from central government,
poor tax collection, weak fiscal management and other
constraints that affect their institutional capacities.

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Expanding Municipal Revenues

The costs that municipal governments face are likely to increase every year
in line with the processes of urbanization taking place around the world.
Thus, raising municipal revenues is among the most pressing challenges
facing city leaders today.

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News & Trends

This is where we circulate some of the most pertinent news in the space of Urban Finance attempting to showcase the latest trends and developments   World Bank: Promoting bankable PPPs in Brazilian municipalities July 10, 2018 By UEFB Public-private partnerships (PPPs) in Brazil have been around since 2004 when federal Read more…

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Principles of Municipal Finance

Municipal finance consists of the revenue and expenditure of local government in urban areas. Although the remit and capacities of local governments to engage in financial decisions vary enormously, across countries municipal nance generally aims to generate the resources needed to fund local services to the satisfaction of citizens through fair taxation and use of external resources.

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