Which of the following Best contrast, general obligation, bonds, and revenue bonds used to fund the different levels of government in Texas?
General obligation bonds to use taxes to pay back debt while revenue bonds use revenue from public works
General obligation bonds are intended to pay back losses by providing a service while revenue bonds are meant to Raised revenue
General obligation bonds are only charged at the local level while revenue bonds are charged at a state and local level
General obligation bonds charge a percentage of a value revenue bond charge a percentage of a property value