The city of Belleview operated at an $865,000 surplus this year. The surplus suggests that the municipal tax system is:

Question

Quizplus · Accepted Answer

The fact that the city operated at a surplus of $865,000 suggests that the municipal tax system is generating more revenue than necessary to operate the city, indicating that it is sufficient. However, we cannot infer whether it is fair, efficient, or convenient based solely on the information provided.

The City of Belleview Operated at an $865,000 Surplus This