Which revenue calculation involves subtracting surplus anticipated and miscellaneous revenues from total general appropriations?

The calculation that involves subtracting surplus anticipated and miscellaneous revenues from total general appropriations is crucial for determining the funding needed from taxpayers. This concept is part of the budgeting process, where a municipality assesses its total general appropriations—essentially the total planned spending for the fiscal period.

When surplus anticipated revenue and miscellaneous revenues are accounted for, they reduce the total amount needed to be raised through local taxes. In other words, by deducting these revenues from the general appropriations, the municipality can identify the actual shortfall that must be addressed through tax revenues. This amount ultimately ensures that the budget aligns with the anticipated resources available to the municipality.

This calculation helps in formulating tax policy and ensuring that the municipality meets its financial obligations while attempting to limit the tax burden on residents. It is an essential component of responsible fiscal management within municipal budgeting.