Which of the following identifies how revenue bonds raise revenue for state and local governments in Texas?(1 point)

Question

Responses

These bonds borrow money with the intent of paying back the debt with tax revenue.
These bonds borrow money with the intent of paying back the debt with tax revenue.

These bonds borrow money with the intent of paying back the debt with revenue made from government projects.
These bonds borrow money with the intent of paying back the debt with revenue made from government projects.

These bonds charge citizens to regain the loss of revenue from a service provided by the government.
These bonds charge citizens to regain the loss of revenue from a service provided by the government.

These bonds require a payment by all citizens who own property each year.

Answer 1

The correct response is:

These bonds borrow money with the intent of paying back the debt with revenue made from government projects.

Revenue bonds are typically repaid from the income generated by the projects they finance, rather than from general tax revenues.