Type of expenditure at the local level

What is the most important source of revenue and the major type of expenditure at the local level?

Comments & Conversion

Expert

Verified

At the local level the most important source of revenue is, by far, property taxes. Education is by far the most important expenditure.

Related Questions in Business Economics

Q : Positive Balance of Payments Question:

Question: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments." Briefly comment on this

Q : Way to determine nature price of Adam

“Natural price” by Adam Smith of a good was eventually determined through: (1) the amount of capital used within production in the short run. (2) long-run average costs of production, that Adam Smith believed to be the amo

Q : Distinction between Component cost and

Describe briefly Distinction between the term Component cost and Composite cost?

Q : Illustration of Absolute and Relative

The price of KnickKnacks is $1 and the price of WigWags has increased with $2 to $3. Therefore: (w) absolute price of KnickKnacks has decreased and the relative price of WigWags has increased. (x) relative and absolute prices of KnickKnacks have

Q : Technology in production Drawing a

Drawing a production possibilities frontier needs the supposition that: (1) Decision makers encompass discretion over resource accessibility. (2) Technology is constant. (3) Income is fairly distributed. (4) Resources are considerably diverse. (5) At least three goods

Discover Q & A

Leading Solution Library

Avail More Than 1447449 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1947445
Asked

3,689

Active Tutors

1447449

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment