The source of revenue that is levied almost exclusively at the local level is Property Taxes.
The reason that the source of revenue that is levied almost exclusively at the local level is Property Taxes is as follows:
- Property taxes are almost entirely levied by local governments.
- Property taxes are the largest source of tax revenues for local governments in 40 states.
- A property tax or millage rate is an ad valorem tax on the value of a property.
- Property tax is levied by the governing authority of the jurisdiction in which the property is located.
Hence, the correct answer is option(c) Property Taxes.
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