--%>

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?

E

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 : Analysis of US GDP and GDP growth rate

    You may use a calculator and MINITAB to conduct the necessary calculations for all questions.  Analysis of US GDP and GDP growth rate (1959-2004). The following variables can be retrieved from MIN

  • Q : Self-interested motivation to underpin

    Adam Smith’s perception which self-interested motives underpin even charitable activities through apparently selfless people appeared originally into his primary major book that was entitled: (1) Theory of Moral Sentiments [1755]. (2) Leviathan

  • Q : Good economic policy requires good

    Explain the statement: “Good economic policy requires good economic theory.”?

  • Q : Main economic functions of government

    Enumerate and briefly discuss the main economic functions of government.  Which of these functions do you think is the most controversial?  Why?

  • Q : Demand supply with the aim of diagrams

    with the aim of diagrams show the difference between A change in demand and A change in quantity demand

  • Q : Numbers of sellers in pure competition?

    numbers of sellers in pure competition?

  • Q : Basic supply determinants of other than

    Illustrate the 6 basic supply determinants of other than price?

  • Q : Explain Self-interest of the Market

    Explain Self-interest of the Market System?

  • Q : Problem on prisoners dilemma game Lets

    Lets assume an infinitely repeated prisoner’s dilemma game by two players. The resulting payoffs at each phase by the actions of two players are illustrated below in the table (payoffs are symbolized like (payoff for player 1, payoff for player 2)). Two players

  • Q : Technological advances in producing

    When given resources can now produce additional goods than was previously probable, then there have been a: (1) Stock market boom. (2) Competitive spurt which shrinks entrepreneurial gain. (3) Concavity reversal in the production possibilities frontier. (4) Bigger rel