Revenue Sharing In Government
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Unlike categorical grants that are program specific revenue sharing provides flexibility to subnational political jurisdictions in using federal funds tailored to their special needs.
Revenue sharing in government. Revenue sharing is a type of fiscal federalism whereby the federal government allocates revenue to state and local governments with little or no strings attached. Under the corresponding subsidy policy shipping and port companies can effectively respond to the implementation of eca policies through revenue sharing while simultaneously promoting the implementation of eca policies and obtaining a positive. Laws determine the formulas by which revenue is. The government subsidy and revenue sharing mechanism are attractive to ports and shipping companies.
Revenue sharing a government unit s apportioning of part of its tax income to other units of government.
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