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Explain the various ways in which states and local governments fund their operations.

Explain the various ways in which states and local governments fund their operations. Why do these vary from state to state? What are the pros and cons of these methods? In your opinion, is there another way of funding that might be explored? Your post must be a minimum of 250 words and include the textbook material and at least 1 outside scholarly source to support your answer. Respond to at least two of your classmates and to your instructor’s follow up questions.

Explain the various ways in which states and local governments fund their operations.
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