
state revenue
State revenue is the income that a state government collects to fund public services and infrastructure. This revenue comes from various sources, including taxes (like income, sales, and property taxes), fees for services (such as licensing and permits), federal grants, and sometimes revenue from state-run enterprises. The money is used to pay for essential services like education, transportation, healthcare, public safety, and welfare programs. Effective management of state revenue is crucial for maintaining a balanced budget and ensuring the state can meet the needs of its residents.