Abstract

One of the important problems for the Englishcities of the Tudor era was the managementt of finances. The main income was from real estate, which was supplemented by duties and fines. Fees ofcity 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. However, these new measures could not solve the problem of financial property deficit by the end of the reign of Elizabeth I.

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