Final answer:
Grant proceeds would always be classified as general revenue. Special assessments and earmarked taxes are intended for specific uses, whereas grants are used more broadly, which aligns with the definition of general revenue sources for local governments.
Step-by-step explanation:
Which of the following would always be classified as a general revenue? The option that generally classifies as general revenue is grant proceeds. Grants are typically provided by higher levels of government or other organizations and are used for a wide variety of purposes, making them part of the general revenue for local governments. On the other hand, special assessment charges for snow removal and fuel taxes earmarked for maintenance of roads and bridges are not classified as general revenues because they are intended for specific use rather than general financial support.
In terms of sources of revenue for local and state governments, the most accurate statement is that taxes generate well over one-half the total revenue of local and state governments. This is due to the reliance on sales taxes, property taxes, and revenue passed from the federal government, along with personal and corporate taxes, as well as various fees and charges. The specific sources vary widely, with some relying more on property taxes, sales taxes, income taxes, or federal revenues.