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Managing Local Governments by David W. Young, Emanuele Padovani

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Figure

Chapter 5

Programming

Figure

LEARNING OBJECTIVES

At the end of this chapter you should:

Figure   Know how programming decisions differ from budgeting decisions.

Figure   Be able to use the techniques of payback period, net present value, and internal rate of return to evaluate a program proposal.

   Understand the methodology for determining an appropriate discount ...

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