Answer: The correct answer is : All jurisdictions impose property taxes. Most of these taxes come from local land levies and land improvements. The tax is equal to a percentage of the taxable value of the property and can be applied in some way at all levels of government: state, county, municipality, school district, and special district. These taxes are an important source of revenue for local government and are a very small source of revenue for most states. Property taxes are the largest source of income for counties, cities, municipalities, school districts, and special districts, which are specific-purpose units, such as water and sewer authorities. It is also used for educational expenses.