List of figures -- List of tables -- Editor biographies -- Contributor biographies -- Acknowledgements -- Chapter 1: teaching public budgeting and finance / Bruce D. McDonald, III and Meagan M. Jordan -- Chapter 2: public budgeting and finance in context / Meagan M. Jordan and Merl Hackbart --...

List of figures -- List of tables -- Editor biographies -- Contributor biographies -- Acknowledgements -- Chapter 1: teaching public budgeting and finance / Bruce D. McDonald, III and Meagan M. Jordan -- Chapter 2: public budgeting and finance in context / Meagan M. Jordan and Merl Hackbart --...

"Most state and local retirement plans strive for full funding, at least by actuarial standards. Funding measured at market values fluctuates and often falls short. A common argument for full funding is that pensions are a form of deferred compensation that does not justify a debt. The paper...