What Are the Two Primary Sources of Revenue for Local

question 28

Multiple Choice

What are the two primary sources of revenue for local government in Texas?

• A) property tax and state grants
• B) block grants and local sales tax
• C) local sales tax and property tax
• D) income tax and state sales tax

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Definitions:

Materials Flow

The movement of raw materials, components, and finished products through various stages of production and distribution.

Supply Chain Management

The oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.

Resource Supplies

The availability and allocation of resources (such as raw materials, finances, and labor) necessary for the production of goods and services.

Coordination

Coordination involves the organization and synchronization of activities, tasks, or efforts in a process to ensure smooth and efficient operation or workflow.