Financial Foundations Framework, Rethinking Revenue

Financial Policies for Imposed Fees, Fines, and Asset Forfeitures

Cover of Report

A local government’s revenue system needs to treat people fairly to maintain the public’s trust. Trust is needed for local government to help communities become better places to live, work, and play over the long term for all citizens.

In this paper, we will describe how you can create a financial policy for imposed fees, fines, and asset forfeitures. The next section provides a rationale for a policy for these revenue sources, and the remaining sections describe the elements of such a policy.