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In: Economics

Write a policy brief making a recommendation to your town on implementing alternative revenue methods in...

Write a policy brief making a recommendation to your town on implementing alternative revenue methods in order to NOT depend on federal or state aid.

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Expert Solution

Dear Student,

Below will be the policy brief making a recommendation to your town on implementing alternative revenue methods

in order to NOT depend on federal or state aid.

1) improvement of public transport system

It is a tough task to limit the budget as expenditure is increasing but revenue collection is not. There is no increase in taxes and other charges levied by the civic body, which is further making it difficult to implement

2) cut in proposed expenditure for the current financial year

By way of reducing expenses on build up new projects like, solar power system or water harvesting plant.

If money saved it will ultimately increase the revenue

3) Increase Property Tax

It is good source of income like - property tax followed by development charges and dependency is compensation of Goods and Service Tax.

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Rahul Sunny answered 6 months ago
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