Understand public money
Revenue
Where does the money come from?
The government raises money from taxes, levies, grants and loans.
Key points
- Taxes are the main source of national revenue.
- Councils collect their own levies and fees.
- Grants and loans cover the remaining gap.
Each time you buy goods or pay a market levy, you add to public revenue. Public money is your money.
Knowing how much your council collected helps you ask how it was used.