Which of the following activities or funds CANNOT levy a property tax in order t

Question

Which of the following activities or funds CANNOT levy a property tax in order to pay for personnel expenditures?

a. Pension Fund

b. General Fund c.

Sewer Fund

d. General Obligation Bond Fund

2. A Non-Home Rule Municipal Government may do all of the following except which?

a. Issue General Obligation Bonds with the passage of a voter referendum (public vote).

b. Issue G.O. Bonds at any time for the Water Fund.

c. Utilize a Business District Sales Tax in order to issue Alternate Revenue Bonds for the development of a new retail center.

d. Acquire a loan from a local bank in order to purchase a new street sweeper.

Explanation / Answer

Pension funds cannot levy a property tax in order to pay for personnel expenditures.

A Non-Home rule muncipal government acquire a loan from a local bank in order to purchase a new street sweeper.

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