Principal Investigator: Ronald M. North (University of Georgia)
Principal Investigator: Jackie Sellers (University of Georgia)
Sponsor: GWRI
Start Date: 1978-10-01; Completion Date: 1982-08-01;
Keywords: financing, cost sharing, revenue sharing, *benefit pricing
Description:
Historical aspects of Federal/non-federal sharing of water resources costs were reviewed for projects and programs. The theoretical basis for these sharing arrangements were explored and the authors suggest that the only theoretically sustainable purpose for cost sharing is that of effecting changes in economic distribution or equity — not efficiency. The alternative cost sharing policies proposed in 1975, 1976, 1977 and 1978 were described and evaluated with respect to anticipated changes in shares of cost burdens should certain options be adopted. These evaluations were done in detail for flood damage reduction in the south Atlantic Gulf region. General estimates of cost sharing in Georgia were developed from available State budget data. All cost sharing and financing proposals emanating from Federal and state sources, in common, support or accede to a decreasing Federal financial and cost burden offset by increasing state assumption of both financing and cost burdens – some of which would be recovered from beneficiaries through user charges.