PAbasics.org

 

F i n a n c e & B u d g e t

Revenue Sources and Methods of Public Funding for State and Local Agencies

Property Taxes: Derived from a legal formula based on the assessed value of your Property

Sales Tax:  A tax based on Consumption of goods and services

General Sales Tax: a tax imposed on sellers at the time of a transaction for the privilege of engaging in business.
Special Sales Tax: A targeted tax on the consumption of specific items.
Entertainment Tax: a tax targeted at consumers of entertainment or at tourist or foreign visitors

Special Assessments: Taxes applied only to the consumers of a service, like water or sewer .

Special District: creation of a taxing district such as a Fire District

Fines: Monetary penalties imposed on violator of local regulation.

Block Grants: Targeted Money for specified uses

State Shared Revenues: Portions of state sales taxes distributed to local governments based on population 

Learn More...
Public Financing Factors Link to PowerPoint

 

 

 

 

 

 

 

 

PAbasics.org is a supplemental resource and not intended to let you off the hook from doing your own class work.
Send any comments, questions, criticisms, or suggestion about the website to
mpa@pabasics.org.
Last significant modification 7-28-2005
Copywriter© 2005 PAbasic.org