Izvestiya of Saratov University.
ISSN 1819-4907 (Print)
ISSN 2542-1913 (Online)

the era of the Tudors

Urban finance and municipal government in English Tudor cities (using the example of Worcester)

One of the important problems for the English cities of the Tudor era was the managementt of finances. The main income was from real estate, which was supplemented by duties and fines. Fees of city officials, utilities, and hospitality accounted for three-quarters of all Worcester’s urban spending. The main problem was inflation and relatively stable income from urban property, which forced municipal authorities to look for new ways to solve financial problems.