62.8k views
1 vote
What are some of the ways that the city can earn revenue? Why is this important? When you played the New York City Budget game, what one thing did you learn about balancing a city’s budget? How does this change your opinion on how government operates a city? What are the similarities and differences between balancing a city budget and balancing a personal budget?

User Colinwurtz
by
6.2k points

2 Answers

5 votes

Answer:

What are some of the ways a city can earn revenue?

Local government revenue comes from property, sales, and other taxes; charges and fees; and transfers from federal and state governments. Taxes accounted for 42 percent of local general revenue in 2017.

Step-by-step explanation:

User Fctorial
by
7.3k points
3 votes

Answer: They charge for services!

Explanation: Municipalities raise revenues by charging for services such as public parking, toll roads, waste management, and building permits, among others. Fines.

User Michael Thelin
by
6.7k points