Topic Content:
- Sources of Funds of Local Governments
Sources of local government finance, imply the various means through which local governments generate financial resources to meet their obligations.
Funds to Local Governments can be generated through the following:
(i) Statutory Allocation from Federal Government: The Federal Government, The ConstitutionA constitution is a set of fundamental rules that determine how a country or state is run. More Statutorily allocate a certain percentage of public revenue to local governments.
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