The major source of local government revenue is
GOVERNMENT
WAEC 2015
The major source of local government revenue is
- A. donations
- B. income from investments
- C. loans from finance institutions
- D. grants from the central authority
Correct Answer: D. grants from the central authority
Explanation
Local government revenue comes from property, sales, and other taxes; charges and fees; and transfers from federal and state governments. Taxes accounted for roughly 40 percent of local general revenue
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