Collections
Revenue collection is one of the main functions of local governments. Local
governments collect funds from a variety of revenue sources, including
fines, fees, taxes, licenses, permits, and special assessments. Revenues should
be received in a timely manner, credited to the proper fund, and deposited
into the correct bank account as quickly as possible. In addition, governments
should strive for high collection rates for all revenues owed and keep
the payment-making process simple and easy for citizens.