While more state and local government funds are needed as the population continues to grow, it is not clear those needed funds can be raised at reasonable cost, given the current structure and rules surrounding the market for municipals.

Question

Quizplus · Accepted Answer

The statement reflects the challenge in raising additional funds for state and local governments due to the existing structure and rules of the municipal market, which may not allow for raising the necessary funds at a reasonable cost as population growth increases demand for services.

While More State and Local Government Funds Are Needed as the Population