While most funding for cities and counties is raised through local taxes and fees, what other revenue source makes about a third of most municipal revenues?
A. state and federal funds
B. corporate donations
C. annual fundraisers
D. ticket sales for public events
Answer (2)
Approximately one-third of most municipal revenues comes from state and federal funds, which are vital for funding various public services. These funds provide a more stable income compared to sources like corporate donations or ticket sales. Understanding these dynamics is essential for grasping local government finance.
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Most municipal revenues come from local taxes and fees, but approximately a third is generated from state and federal funds , which support essential public services. These funds play a critical role in municipal budgeting and operations, differing significantly from other revenue sources such as corporate donations. Recognizing these dynamics is crucial for understanding local government finance. ;
