________ are bonds issued by state or local governments
state governments grant local governments their power but do not tend to interfere with their day -to-day responsibilities
Where you can purchase United States government bonds will depend on the type of bond you would like to purchase. Federal bonds are issued by the federal government, where as municipal bonds are issued by state government.
I believed they are shared between state and local governments
Education
emergency medical services and zoning
Revenue bond issued to raise money for public-works project and general obligation bond (GO) to levy taxes to pay back the debt
state and local governments
Municipal bonds are typically issued by state or local government entities to raise funds for public projects such as infrastructure improvements. The responsibility for issuing municipal bonds usually lies with the government entity itself, often through its finance department or a specialized authority set up for this purpose. The bonds are then sold to investors who receive interest payments and repayment of principal over time.
A bond issued by the government that provides tax-free interest is typically referred to as a municipal bond. These bonds are often issued by state or local governments to fund public projects, and the interest earned is usually exempt from federal income tax, and sometimes state and local taxes as well. This tax advantage makes municipal bonds an attractive investment option for individuals in higher tax brackets seeking to minimize their tax liabilities.
State, county, and local governments also borrow money by selling municipal bonds (frequently referred to as "munis").
Revenue bond issued to raise money for public-works project and general obligation bond (GO) to levy taxes to pay back the debt
Bonds in this category include license and permit bonds, which protect city or state governments against claims that arise because of a license which the government body issued to some party.
Municipal bonds, which are issued by cities, states and other local government entities, are free from federal taxes. And if the bond is issued in the state in which you live, they're also free of state and local taxes.
Examples of bond markets include the U.S. Treasury market, where government bonds are issued and traded, and the corporate bond market, where companies issue bonds to raise capital. Additionally, municipal bond markets involve state and local governments issuing bonds for public projects. Internationally, bond markets can be seen in regions like the Eurobond market, where bonds are issued in currencies other than the home currency of the issuer.
Because elections are controlled by state or local governments
state governments grant local governments their power but do not tend to interfere with their day -to-day responsibilities
local governments are essentially entities created by state governments, and they derive their authority and powers from the state. State governments oversee and regulate local governments to ensure they operate within the framework of state laws and regulations, while also maintaining accountability and adherence to state policies. This supervision is important for maintaining consistency, preventing abuse of power, and promoting effective governance at the local level.