City of Los Angeles Budget, FY 2017

\begin{tabular}{|c|c|c|}
\hline
\begin{tabular}{c}
Sources of \\
revenue
\end{tabular} & \begin{tabular}{c}
Amount \\
(millions)
\end{tabular} & \begin{tabular}{c}
Percentage \\
of city \\
budget
\end{tabular} \\
\hline
Special receipts & [tex]$\$[/tex] 2,722[tex]$ & $[/tex]29.8\%[tex]$ \\
\hline
Property taxes & $[/tex]\[tex]$ 1,834$[/tex] & [tex]$19.7\%$[/tex] \\
\hline
\begin{tabular}{c}
Licenses, permits, \\
fees, and fines
\end{tabular} & [tex]$\$[/tex] 1,047[tex]$ & $[/tex]11.3\%[tex]$ \\
\hline
Sales taxes & $[/tex]\[tex]$ 529$[/tex] & [tex]$5.7\%$[/tex] \\
\hline
Business taxes & [tex]$\$[/tex] 519[tex]$ & $[/tex]5.6\%[tex]$ \\
\hline
\end{tabular}

* Includes contributions from state and federal appropriations

Questions:
1. About $[/tex]\square[tex]$ percent of Los Angeles's revenue comes from state and federal appropriations.
2. About a tenth of the city's revenue comes from $[/tex]\square[tex]$.
3. Property taxes account for about $[/tex]\square$ percent of the city budget.



Answer :

To solve the given problem, we need to tackle two aspects: determining the percentage of Los Angeles's revenue that comes from state and federal appropriations, and identifying which source represents about a tenth of the city's revenue.

Let's break this down step-by-step:

1. Calculation of State and Federal Appropriations Percentage:
- First, sum the given percentages for the different revenue sources:
- Special receipts: 29.8%
- Property taxes: 19.7%
- Licenses, permits, fees, and fines: 11.3%
- Sales taxes: 5.7%
- Business taxes: 5.6%
- Adding these percentages together, we get:
[tex]\( 29.8 + 19.7 + 11.3 + 5.7 + 5.6 = 72.1\% \)[/tex]
- Subtract this sum from 100% to find the percentage that comes from state and federal appropriations:
[tex]\( 100\% - 72.1\% = 27.9\% \)[/tex]

Thus, 27.9% of Los Angeles's revenue comes from state and federal appropriations.

2. Identifying about a tenth of the city's revenue:
- Review the revenue amounts given:
- Special receipts: [tex]$2,722 million - Property taxes: $[/tex]1,834 million
- Licenses, permits, fees, and fines: [tex]$1,047 million - Sales taxes: $[/tex]529 million
- Business taxes: [tex]$519 million - Since we need to determine a source representing about a tenth of the total, we should look for the category with the highest amount, because it's likely closest to that proportion. Here, the highest amount is from Special receipts which is $[/tex]2,722 million.

Thus, about a tenth of the city's revenue comes from Special receipts.

Finally, summarizing the solution:
1. About 27.9% of Los Angeles's revenue comes from state and federal appropriations.
2. About a tenth of the city's revenue comes from Special receipts.