State and Local Taxes
Since all of this tax money is going to your state government, you should be aware of how the state government uses your tax dollars to provide services for you and your family. Using the Virginia Department of Planning & Budget website, answer the following questions on the State and Local Taxes Worksheet.
- The two categories of funding in Virginia are general fund revenues and non-general fund revenues. What is the difference between these two funding sources?
- Looking at the total operating funds from all sources in Virginia, what are the top three spending categories?
Once you have completed your assignment, submit your document to the dropbox.