Final answer:
Property taxes in the United States are collected by the municipal government and constitute a primary source of local revenue. State and local governments also have other sources of income, including grant money which substantially contributes to their budget.
Step-by-step explanation:
In the administrative structure of the United States, property taxes are typically collected by c. The municipal government. Property taxes are an important source of revenue for local governments and are used to fund a variety of public services such as education, law enforcement, and infrastructure maintenance. These taxes are assessed based on the value of real estate held by individuals or corporations. While local government relies heavily on property taxes, it is worth noting that there are various other sources of revenue for local and state governments. State and local governments also derive revenue from other means such as sales taxes, income taxes, fees from licenses and permits, and they receive a significant percentage of their funding from grant money, which can account for between 30 and 40 percent of their revenue. Furthermore, the balance of power and responsibility between federal, state, and local taxation systems is distinct, where each level of government has different roles and revenue sources.