ABSTRACT
This chapter focuses on the processes available to government agencies and non-profits for financing the work of their communities. A careful study of government revenue and budgeting systems demonstrates common principles of revenue diversification, a similar need for fiscal transparency to gain public and donor support, and common principles and practices of budgeting, accounting, and organization management control. Public budgeting in the government sector typically separates the development of plans for program spending from the activity of revenue generation. A variety of revenue sources contribute to the public budgeting process. State or local governments may generate their own revenues through taxes and fees. The chapter reviews the most common sources of state and local government revenues, including: taxes, user charges and fees for services, sale of products and assets, and rental revenues, lottery and gaming revenue, intergovernmental transfers, debt instruments, balance carried forward, and other miscellaneous revenue sources.
