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Vocab. Excise tax- Taxes on non-essentials like alcohol and tobacco Estate tax- Tax that must be paid on an inheritance before it can be transferred Intergovernmental Revenue- Money that comes from another level of government. Warm up:

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vocab
Vocab
  • Excise tax- Taxes on non-essentials like alcohol and tobacco
  • Estate tax- Tax that must be paid on an inheritance before it can be transferred
  • Intergovernmental Revenue- Money that comes from another level of government
slide2

Warm up:

    • What plan of city government would have a mayor elected by the people as the chief administrator for a city?
      • Mayor-Council plan
slide4

David has just been hired to be the city manager for a city. There will be a mayor as well, but she will serve primarily as a ceremonial representative. David is the one who will be primarily responsible for overseeing city gov’t. David’s city operates on which model of gov’t?

    • Mayor-council plan
    • Council-manager plan
    • Manager-mayor plan
    • City-township plan
how do state and local gov t raise revenue
How do State and local gov’t raise revenue?
  • North Carolina is required to have a balanced budget. This requires revenue and responsible spending.
  • Taxes
    • State income tax
      • Tax paid on a % of persons income
    • Corporate income tax
      • Corporations pay a % of yearly profits
    • Property taxes
      • People who own homes or land
    • Inheritance tax
      • On what one inherits when a person dies
    • Estate tax
      • Must be paid before it can be transferred to the heir
taxes continued
Taxes Continued
  • Sales tax
    • % of sales price
  • Excise tax
    • Taxes on “non-essential” goods…cigarettes/alcohol
slide7

Permits and licenses (drivers, fishing, etc.)

  • User Fees
    • Charged to people who use public facilities (toll road, park)
  • Disposal Fees
    • Removal of waste
  • Impact Fees
    • Paid for by developers
  • Fines
    • Punishment for a crime
other means of revenue
Other means of revenue
  • State and Municipal Bonds
    • State and local gov’ts sell bonds in exchange for cash
  • Intergovernmental Revenue
    • Money that comes from another level of government (Federal grants)
    • Used to pay for things like Medicaid & disaster relief
state
State
  • Jails & Youth Detention Centers
  • Public Utilities
    • Electric and water Co.
federal
Federal
  • Public Housing
    • Housing for low income families
local
Local
  • Ambulance Services
  • Libraries
state local
State & Local
  • Community College
    • Post secondary school to further education
  • Court Facilities
  • Tax Assessment
    • Assesses the value of property
  • Airports
  • Department of Parks and Recreation
    • Maintain local & state parks
state federal
State & Federal
  • Cooperative Extension Service
    • Help improve lives of citizens through education & research
  • Board of Elections
    • Carries out process of elections
  • Mental Health Services
  • Public Health Services
  • Soil and Water Conservation
  • Social Services
    • Help disadvantaged citizens improve

Standard of Living

funded by all 3
Funded by all 3
  • Public Schools
  • Museums
  • Public Transportation
    • Subways, buses
  • Emergency Management Agencies
    • Fire & police
closing reflection
Closing/Reflection
  • SUMMARIZE IN YOUR OWN WORDS WHAT YOU HAVE LEARNED TODAY……
  • WHAT ARE THE THREE LEVELS OF GOVERNMENT THAT AGENCIES OPERATE THROUGH?
  • SUMMARIZE WHAT KINDS OF SERVICES DO LOCAL, STATE, AND FEDERAL AGENCIES PROVIDE?
  • SUMMARIZE THE DIFFERENT KINDS OF TAXES THAT MAY BE USED AS A SOURCE OF REVENUE.
  • WHAT OTHER SOURCES OF REVENUE MAY BE USED OTHER THAN TAXES?
closing
Closing
  • NC receives money from the federal gov’t for education. What is the term that describes that type of money?
  • Intergovernmental Revenue
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