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Which statement is most accurate about the sources of revenue for local and state governments?

Taxes generate well over one-half the total revenue of local and state governments.
Property taxes generate the most tax revenue for both local and state governments.
Between 30 and 40 percent of the revenue for local and state governments comes from grant money.
Local and state governments generate an equal amount of revenue from issuing licenses and certificates.

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Answer:

the main source of tex revenue for local governments is from property taxes

Explanation: I just took the test and saw a quizlet

Between [tex]30[/tex] and [tex]40[/tex] percent of the revenue for local and state governments comes from grant money.

Sources of Revenue

  • A division of revenues by source is referred to as source of revenue.
  • The basic classification distinguishes revenue sources from the district, intermediate, state, and federal levels.
  • The source of revenue refers to how the activity is funded, such as state funding, registration fees, county monies, and so on.
  • Between [tex]\boldsymbol{30}[/tex] and [tex]\boldsymbol{40}[/tex] percent of the revenue for local and state governments comes from grant money.

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https://brainly.com/question/984188?referrer=searchResults

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