What Are the Main Sources of Revenue for Special Districts

question 81

Multiple Choice

What are the main sources of revenue for special districts in Texas?

• A) property taxes and user fees
• B) income taxes and user fees
• C) income taxes and sales taxes
• D) sales taxes and property taxes

---

Definitions:

Prepaid Insurance

An asset account representing insurance payments made in advance for future coverage periods.

Journal Entries

Recorded transactions in the accounting records of a business that are used to transfer amounts from one account to another.

Advertising Campaign

A series of advertisement messages that share a single idea and theme which make up an integrated marketing communication.

Cash

A form of current asset representing currency or currency equivalents that can be accessed immediately or near-immediately.