{"id":7042,"date":"2013-03-18T20:31:41","date_gmt":"2013-03-19T00:31:41","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=7042"},"modified":"2013-03-18T20:31:41","modified_gmt":"2013-03-19T00:31:41","slug":"local-government-the-lakewood-model","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/local-government-the-lakewood-model\/","title":{"rendered":"Local government: the Lakewood model"},"content":{"rendered":"<p>In his report for the Urban Taskforce Australia, Professor Percy Allan recommends that local government adopt the Lakewood model of contracting in services. Lakewood was a sleepy California town threatened with being engulfed by urban sprawl &#8212; until they found a novel way of managing costs and improving services.<\/p>\n<blockquote style=\"background-color:#ddddff;\"><p>Lakewood of the early 1950s was David fighting the Goliath of Long Beach, a city intent on gobbling up its unincorporated neighbour parcel by parcel. The legal turf battles were exhausting Lakewood\u2019s defenders, most of whom were transplants drawn to the promise of this sleepy village-turned-post-war boomtown. Then along came John Sanford Todd, a struggling attorney and proud Lakewood resident, who dreamed up a way to preserve his community\u2019s independence without it going broke: It would become a new kind of city, one that contracted out for police protection, trash collection, fire fighting &#8211; just about every service a city provides.<\/p>\n<p>That practice is commonplace in the USA today, but it was a revelation a half century ago. Todd\u2019s vision, dubbed \u201cthe Lakewood Plan,\u201d became a model of local government that informed incorporation drives throughout Southern California and beyond. Suburbia took shape in a rash of \u201ccontract cities,\u201d including the neighbouring Dairy Valley (now Cerritos), La Puente, Bellflower, Duarte, Irwindale, Norwalk and Santa Fe Springs, which sprang up in such rapid succession that some observers began proclaiming the end of big cities.<\/p><\/blockquote>\n<p>There may even be opportunities to extend this model to metropolitan or state level, where states contract in and share the costs of centralized services provided by specialist corporations. This could apply to areas as diverse as road transport, police services and payroll functions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In his report for the Urban Taskforce Australia, Professor Percy Allan recommends that local government adopt the Lakewood model of contracting in services. Lakewood was a sleepy California town threatened with being engulfed by urban sprawl &#8212; until they found a novel way of managing costs and improving services. Lakewood of the early 1950s was &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/local-government-the-lakewood-model\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Local government: the Lakewood model&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,34],"tags":[811,2060],"class_list":["post-7042","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-us-canada-countries-regions","tag-contracting-in","tag-lakewood"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Local government: the Lakewood model - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Local government: the Lakewood model - the patient investor\" \/>\n<meta property=\"og:description\" content=\"In his report for the Urban Taskforce Australia, Professor Percy Allan recommends that local government adopt the Lakewood model of contracting in services. Lakewood was a sleepy California town threatened with being engulfed by urban sprawl &#8212; until they found a novel way of managing costs and improving services. Lakewood of the early 1950s was &hellip; Continue reading &quot;Local government: the Lakewood model&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/local-government-the-lakewood-model\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-03-19T00:31:41+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/local-government-the-lakewood-model\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/local-government-the-lakewood-model\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Local government: the Lakewood model\",\"datePublished\":\"2013-03-19T00:31:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/local-government-the-lakewood-model\/\"},\"wordCount\":283,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"contracting in\",\"Lakewood\"],\"articleSection\":[\"Australia &amp; NZ\",\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/local-government-the-lakewood-model\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/local-government-the-lakewood-model\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/local-government-the-lakewood-model\/\",\"name\":\"Local government: the Lakewood model - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2013-03-19T00:31:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/local-government-the-lakewood-model\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/local-government-the-lakewood-model\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/local-government-the-lakewood-model\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Local government: the Lakewood model\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. 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Over the year, activity is still down by 3.8%, after the recession in the first half of 2020, which saw output fall by 0.3% in March and slump by 7.0% in June associated\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4979,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/28\/towns-cut-costs-by-sending-work-next-door-wsj-com\/","url_meta":{"origin":7042,"position":1},"title":"Towns Cut Costs by Sending Work Next Door &#8211; WSJ.com","author":"Colin Twiggs","date":"July 28, 2012","format":false,"excerpt":"Towns and cities in the US are using a novel way of cutting costs as tax revenues shrink: out-source administrative functions to neighboring towns or to local counties. Here is an excerpt from an article by Joel Millman in the Wall Street Journal: Molalla, 30 miles south of Portland, is\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22967,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/11\/30\/australias-credit-and-investment-slump\/","url_meta":{"origin":7042,"position":2},"title":"Australia&#8217;s credit and investment slump","author":"Colin Twiggs","date":"November 30, 2020","format":false,"excerpt":"Australian private credit growth slowed to zero (month-to-month) for October 2020, or 1.8% year-on-year. Housing credit shows a slight up-tick, spurred by first home buyer incentives and ultra-low interest rates. But business credit is falling as investment demand plunges to 2008 lows. Capital expenditure contracted sharply in the services sector\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20648,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/06\/03\/australia-expects-first-recession-since-91\/","url_meta":{"origin":7042,"position":3},"title":"Australia expects first recession since &#8217;91","author":"Colin Twiggs","date":"June 3, 2020","format":false,"excerpt":"Westpac's latest report on the Q1 national accounts warns that the Australian economy is likely to tip into recession in the next quarter: Activity in the Australian economy contracted by 0.3% in the March quarter of 2020, broadly in line with market expectations, slowing annual growth to 1.4% from 2.2%.\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20961,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/07\/11\/asx-2\/","url_meta":{"origin":7042,"position":4},"title":"ASX and the second wave","author":"Colin Twiggs","date":"July 11, 2020","format":false,"excerpt":"The COVID19 second wave in Victoria is not yet under control, with the state government introducing new lockdown measures in an attempt to contain the outbreak. State Treasurer Tim Pallas estimates that an additional\u00a0 270,000 people will lose their jobs, with the unemployment rate rising to 11%. The state is\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18282,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/05\/28\/westpacs-bill-evans-predicts-record-rate-cuts\/","url_meta":{"origin":7042,"position":5},"title":"Westpac&#8217;s Bill Evans predicts record rate cuts","author":"Colin Twiggs","date":"May 28, 2019","format":"video","excerpt":"Westpac's Bill Evans predicts that the RBA will cut the cash rate to as low as 0.75%. Cutting rates, especially from this low a base, is not a bullish sign. It will warn of RBA concern at the pace that the economy is contracting. Central banks are data-driven. 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