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i\.Ar� <br />SITE OF THE MONTH: DEVELOPMENT REPORT CARD OF THE STATES <br />Our site of the month for January is the latest update of an old favorite: The Corporation for Enter- <br />prise Development, (CFED), updated Development Report Card of the States. CFED gives each state <br />a letter grade (A through F) for its standing in three broad areas: economic performance, business <br />vitality, and development capacity. Each index has a series of sub - indices as well. (Full disclosure: <br />EconData.Net co-editor Andrew Reamer annually works on this report). One thing we particularly like <br />about the report card is its transparency: the data is clearly laid out for the reader to see. Even better: <br />the site gives users the option of drilling down to compare states based on any one or more of the 71 <br />indicators used to prepare the report card. <br />The website is well laid out. You can look at a grade summary for any particular state, rank states <br />according to any indicator, and quickly find the data sources (most with a hyperlink to the sources <br />website) and an explanation of the methodology. This is a model of how to do rankings. Well worth a <br />visit at: httD: / /dre.cfed.ora/ <br />Contributed by Wayne Schell, PresidentlCEO, California Association for Local Economic Develop - <br />ment(CALED); 916.448.8252; wschell @caled.org; www.caled.org. <br />MUNICIPAL REVENUE SOURCES HANDBOOK <br />The Municipal Revenue Sources Handbook is a primer for city officials and others <br />who want to gain a better understanding of revenue sources available to cities. It dis- <br />cusses cities revenue - raising authority and briefly describes cities' major revenue <br />sources. <br />The handbook contains: <br />• History of propositions related to city revenues since Proposition 13 <br />• A summary of constitutional and code provisions granting cities the authority to <br />raise revenues <br />• Discussion of specific taxes, fees, state subventions and other revenues with 10- <br />year history of statewide totals <br />• New section on utility rate - setting <br />Item #: 1031; $25.00. For ordering information call 916.658 -8257 or e-mail <br />citybook @cacities.org. <br />PAGE 6 /PRIORITY FOCUS Visit the League's Official Web Site -- www.cacities.org <br />