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General Revenue |
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General revenue The sum of taxes, charges, and miscellaneous income taken in at the state and local level while neglecting overlapping revenue which may be erroneously counted twice. General Revenue Revenue that a state or local government raises through taxation and that may be used for any purpose. That is, general revenue is not earmarked automatically for functions such as road maintenance or payroll for state workers. Rather, the government may use general revenue for discretionary functions. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The lump-sum general revenue transfer, as provided for by section 151 of P. At a time when government agencies are struggling with credit ratings, bond rating agency Standard & Poor's has upgraded its rating on MTA general revenue bonds one notch to "A. NEW YORK -- Fitch assigns an 'AA' rating to the Massachusetts Water Resources Authority's (MWRA or the authority) approximately $200 million general revenue bonds, 2007 series A, and approximately $630 million general revenue refunding bonds, 2007 series B. |
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