Which factors influence the sources and amount of revenue used to meet a city's budgetary obligations?
A)Size of the city's population
B)The amount and type of taxes a city is allowed to levy
C)The total assessed value of taxable property within the city limits
D)All of these choices are true.

Question

Quizplus · Accepted Answer

All of these factors have an impact on the sources and amount of revenue used to meet a city's budgetary obligations. The size of the city's population affects the demand for services and the tax base. The amount and type of taxes a city is allowed to levy dictate the revenue streams available to the city. The total assessed value of taxable property within the city limits determines the property tax revenue that can be collected.

Which Factors Influence the Sources and Amount of Revenue Used