Which of the following statements is true about miscellaneous revenues in the budget?

The statement that miscellaneous revenues can be anticipated in an amount greater than previously received if documented is true because it reflects the flexibility municipalities have in forecasting their revenues. If a city or municipality has a rationale, such as new grants, unexpected surpluses, or increased fees for services, they can adjust their projections accordingly. This anticipatory approach allows for a more accurate and adaptive budgeting process, acknowledging the dynamic nature of local revenue generation.

Documentation plays a crucial role in this process. It substantiates the rationale behind the increased expectations, ensuring that budget projections are not purely speculative but based on sound financial analysis and forecasts. This approach helps municipalities plan and allocate resources more effectively, improving budgetary outcomes and supporting financial stability.

Other statements, such as requiring that miscellaneous revenues must match amounts from previous years or restrictively limiting anticipations, do not acknowledge the potential for change and growth in a municipality's revenue streams. Therefore, statement B is the most accurate representation of how miscellaneous revenues are handled in the budget process.