--%>

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 : What are the criteria of issuing stocks

    What are the criteria of issuing stocks or bonds?

  • Q : Loathed monopolization and viewed of

    Adam Smith and most of the typical economists who followed instantly in his footsteps: (i) viewed monopoly as no big problem. (ii) encouraged monopolies due to their research and development abilities. (iii) thought monopoly power was a communist plot

  • Q : Describe four important areas to

    Describe four important areas to emphasize Expenditures?

  • Q : Explain the definition of Economics

    Explain the definition of Economics?

  • Q : Elucidate redistribution of income

    Elucidate redistribution of income?

  • Q : Case of arbitrage while selling and

    Assume that melons sell for $5 in Brazil when moose pelts sell for $10, still into Canada melons sell for $10 as well as moose pelts sell for $5. A person who buys moose pelts within Canada to sell into Brazil would be doing: (1) speculation. (2) the “invisible

  • Q : Explain of the law of demand Explain of

    Explain of the law of demand?

  • Q : Define the natural price by Adam Smith

    In words of Adam Smith, who theorized that the “natural price” of a good based most directly upon the: (1) wage rate and the relative amount of labor required to produce the good. (2) greater of the value of the good &ldqu

  • Q : Raising consumer surplus problem For

    For the question below, utilize the given information. The market for gizmos is competitive, with an increasing sloping supply curve and a downward sloping demand curve. With no govt. intervention, the equilibrium price is $25 and the equilibrium quantity is 10,000 gi

  • Q : Market system automatically adjustment

    Concept of Adam Smith that the market system automatically adjusts as when guided through an “invisible hand” most intimately resembles: (1) flows of electricity across the microcircuits within computer chips. (2) homeosta