Many would argue that aligning payments for a capital project with the realization of benefits from that
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For instance, building a new park will have benefits not only for current residents, but also for residents 10, 20, and 30 years from now. Many argue that the beauty of pay-as-you-use financing is that it requires residents 10, 20, and 30 years from now to share in paying the costs of building the park.
Explain the two main reasons why aligning payments with benefits in this way is an important policy goal?
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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