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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. Warm up:

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Vocab

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  1. 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

  2. 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

  3. Agencies, Officials, Controversies and Revenue

  4. 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

  5. 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

  6. Taxes Continued • Sales tax • % of sales price • Excise tax • Taxes on “non-essential” goods…cigarettes/alcohol

  7. 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

  8. 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

  9. How are Agencies and Services Funded?

  10. State • Jails & Youth Detention Centers • Public Utilities • Electric and water Co.

  11. Federal • Public Housing • Housing for low income families

  12. Local • Ambulance Services • Libraries

  13. 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

  14. 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

  15. Funded by all 3 • Public Schools • Museums • Public Transportation • Subways, buses • Emergency Management Agencies • Fire & police

  16. 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?

  17. 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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