What is excluded from general revenue?

Study for the IAAO Assessment Administration Specialist (AAS) exam. Engage with flashcards and multiple choice questions, each offering hints and detailed explanations. Prepare thoroughly for your certification!

General revenue typically encompasses funds collected by the government that are used for a wide array of public services, which often include income tax and property tax among others. Utilities, on the other hand, usually refer to services like electricity, water, and natural gas provided to residents and businesses. Revenues generated from utilities are often earmarked specifically for the infrastructure and operations associated with those services. As such, the revenue from utilities does not contribute to the general revenue pool that funds broader governmental functions. This makes it distinct from the other options, which are typically part of general revenue sources utilized for public expenditures and services.

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