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What is the difference between state and local revenue?
- dudeman612Lv 61 decade agoFavorite Answer
State revenue is collected by the state's Department of Revenue, and includes state income taxes, gas, sales, tobacco, alcohol taxes, tabs, state corporate taxes, pay roll taxes, and many other taxes and fees.
Local revenue is collected by some department in a local, regional, or county government. It varies from state to state, county to county, municipality to municipality, etc. Here in MN, we have municipal governments (i.e. cities, towns), county governments, and even a regional governmental organization called the Metropolitan Council that does planning for the Twin Cities and the seven surrounding counties. All can set local policies, with the county usually supersedes municipal; and regional usually supersedes both county and municipal.
Most revenue comes from sales taxes and property taxes. Like the state, there are tons of taxes and fees that they collect, and again, it differs by state, county, region, municipality.