Are miscellaneous revenues anticipatable in an amount greater than what was received in cash the preceding year when supported by documentation?

The assertion that miscellaneous revenues can be anticipatable in an amount greater than what was received in cash the preceding year when supported by documentation is correct. A municipality can project higher revenues in future budgets if there is solid evidence or documentation justifying the increase. This may include trends in revenue growth, expected changes in laws or regulations, and enhanced enforcement efforts, among other factors. The requirement for documentation ensures that the anticipated revenues are based on realistic forecasts rather than arbitrary estimates, thereby promoting fiscal responsibility.

In municipal budgeting, reliance on previous year's figures is common, but growth can be justified with appropriate data. The existence of documentary support serves as a safeguard against overestimating revenues, ensuring that budgets remain credible and transparent. This practice aligns with prudent budgetary principles, ensuring that revenue projections are grounded in evidence, which is crucial for maintaining the financial health of the municipality.