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Which local governments got the largest percentage

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Problem 1: In most states roughly 10% or less of their general expenditures is provided to local units of government (counties and cities) in the form of state aid.

True

False

Problem 2: According to Ronald Fisher, in 1998-1999 state - local governments got the largest percentage of their revenue from

a. the federal government

b. income taxes

c. property taxes

d. sales taxes

Problem 3: Like the federal government, state governments (with the exception of Vermont) do not use capital budgets.

True

False

Problem 4: Budgetary decision making is a linear process and sequential, moving seamlessly through various stages of the budget process.

True

False

Reference no: EM132959099

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