Which of the following is NOT a source of payment of principal and interest on a municipal revenue bond?

Which of the following is NOT a source of payment of principal and interest on a municipal revenue bond?

Which of the following is NOT a source of payment of principal and interest on a municipal revenue bond?



A) Toll bridge fees.

B) Taxes.

C) Rental revenues.

D) Sewer and water fees.



Answer: B) Taxes.


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