Tolls and fees collected by a special-purpose government or a special district are defined as

Question

Quizplus · Accepted Answer

Tolls and fees collected by a special-purpose government or a special district are usually used to pay off revenue bonds, which are debt securities issued to finance the infrastructure projects such as toll roads, bridges, and public facilities. Revenue bonds are repaid by the revenue generated by the project, rather than by taxes or other general government funds.

Tolls and Fees Collected by a Special-Purpose Government or a Special