Which of the following identifies how revenue bonds raise revenue for state and local governments in Texas?(1 point) Responses 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 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 require a payment by all citizens who own property each year. These bonds require a payment by all citizens who own property each year. These bonds borrow money with the intent of paying back the debt with tax revenue.
1 answer
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 issued by state and local governments and are repaid from the revenue generated by specific projects, such as tolls from a toll road or fees from a public service, rather than from general tax revenue.
