Cryptocurrency Q&A
What is the greatest source of revenue for local governments?
What is the greatest source of revenue for local governments?
Wed Jan 08 2025
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6 answers
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I am interested in understanding the main source of income for local governments. I want to know which revenue stream contributes the most to their funding, whether it's taxes, fines, or some other source.
6 answers
Fri Jan 10 2025
Specifically, taxes contributed 52 percent of these revenues.
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Fri Jan 10 2025
Property taxes played a crucial role in this composition.
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Fri Jan 10 2025
They accounted for 15 percent of state and local general revenues.
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Fri Jan 10 2025
In 2021, taxes accounted for a significant portion of state and local general revenues.
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Fri Jan 10 2025
Individual income taxes were also a notable source of income.
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