Curtis Jerry S. answered 02/13/24
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The following are considered external sources of local government finance:
- Local taxes like property, sales, and local income taxes.
- Income from investments, such as interest on bonds or endowment funds.
- Sales of surplus property--lands, buildings, or equipment no longer needed
- Fees to users of services like water, sewer, and garbage collection to cover government operating costs
- Fees collected from developers for new construction projects