Local Governments Sources of Revenue

Sources of Revenue for Local Governments || In order to perform their statutory functions, local governments need financial resources. They get their money from several sources but the most important are government grants and locally-imposed taxes, two sources which constitute about 80 percent of their total revenue.

Federalism | Definition | Features | Pros & Cons

The term Federation emanated from the Latin word foedus, which means treaty or agreement. A federalism system of government involves sharing of political power among various component units of any state (country) where the central governments and regional governments are given varying powers by the constitution and each of them has power to have its own laws without relying on other.

Features of the Presidential System of Government

In a presidential system of government, the President is both the ceremonial and executive head of state. That is, the president combines the offices of Head of State and Head of Government at the same time. In this regard, the President performs a number of functions. In particular, he enforces all laws, serves as the Commander in Chief of the Armed Forces, appoints important political office holders and grants pardon and mercy to offenders.