With respect to local finance,

Question

Quizplus · Accepted Answer

Property taxes are the primary source of revenue for local governments, and education is typically one of the largest areas of expenditure. Death and gift taxes (A) are not typically a significant source of revenue, and hospitals and health services are often funded by state and federal governments. Corporate income taxes and natural resource development (B) are not typically within the purview of local governments. Sales and excise taxes (D) may be a source of revenue for some local governments, but highway construction and maintenance is typically a state or federal responsibility.

With Respect to Local Finance