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    Projections of Local Sales Taxes in Douglas County, 1990-1993

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    m170.pdf (866.8Kb)
    Issue Date
    1989-12
    Author
    Upmeier, Helga
    Publisher
    Institute for Public Policy and Business Research, University of Kansas
    Type
    Technical Report
    Is part of series
    Technical Report;170
    Published Version
    https://ipsr.ku.edu
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    Abstract
    Time series regression has been used as a statistical technique to forecast revenues of the one-half percent sales tax collections levied by the City of Lawrence and of a proposed one percent countrywide sales tax. Time series regression is based on a given set of historical data (e.g. sales tax collections) and implies the computation of the best-fitting curve (least square line) which is trended into the future.

    The reliability of the forecast series in this report is given within a 95 percent confidence interval. This means that one can be 95 percent confident that the projected values will lie within an interval specified for each forecast series individually (see notes in Tables 1, 3 and 5). While forecasts based on a regression model are fairly reliable one or two years ahead, they become less accurate in the distant future. This is why the forecasting period has been restricted to four years.
    URI
    http://hdl.handle.net/1808/32985
    Collections
    • IPSR Published Works [305]
    Citation
    Helga Upmeier. Projections of Local Sales Taxes in Douglas County, 1990-1993. Institute for Public Policy and Business Research, University of Kansas. Technical Report Series: 170 (December 1989; 8 pages).

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    Lawrence, KS 66045
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    Contact KU ScholarWorks
    785-864-8983
    KU Libraries
    1425 Jayhawk Blvd
    Lawrence, KS 66045
    785-864-8983

    KU Libraries
    1425 Jayhawk Blvd
    Lawrence, KS 66045
    Image Credits
     

     

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