EFFECT OF PUBLIC BUDGETING ON NEIGHBOURHOOD QUALITY AND RENTAL VALUES IN ILORIN
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Date
2019-04-29
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Publisher
Faculty of Environmental Sciences, University of Ilorin, Nigeria.
Abstract
his study examined the effect of public budgeting on neighbourhood quality and rental values in Ilorin.
Budgetary allocations to states by federal government do not found to express relationship with quality of
infrastructures in the study area. The condition of infrastructural quality ultimately affects rental income of
residential properties. Structured questionnaires were administered across the study area. Descriptive and
inferential statistical techniques were adopted to analyse the data. The study revealed that budgetary
allocations for infrastructures only have significant effect on low density areas, while medium and high
density areas do not feel the impact. The neighbourhood quality indices influenced the rental value in Ilorin
by 35.4%- 50.6%. The study also revealed that, there is relationship between condition of neighbourhood
quality and rent passing in the study area. The study therefore recommends that, government should channel
funds appropriately for infrastructures like; road, power, health and water in the study area
Description
Great
Keywords
Budgeting, Neighbourhood Quality, Rental Values