Cities and other local governments receive most of their tax revenues from

Question

Quizplus · Accepted Answer

Cities and other local governments mainly rely on property taxes as their main source of revenue. These taxes are collected on the value of real estate and the buildings on it, and are used to fund local services such as schools, police, and fire departments. Local income taxes are not typically a major source of revenue for local governments, while sales and excise taxes are usually collected by state and federal governments.

Cities and Other Local Governments Receive Most of Their Tax