Which of the following is included as anticipated revenue?

Anticipated revenue refers to the revenue that a municipality expects to receive in the future based on various sources. Each of the options provided contributes to anticipated revenue in different ways.

Delinquent taxes represent unpaid property taxes from prior years that the municipality expects to collect in the future. They can be a significant source of revenue, especially if there are measures in place, such as tax lien sales or enforcement actions, to collect these funds.

Future property sales involve income that the municipality expects to generate from selling real estate or property assets it owns. This type of revenue is anticipated based on market conditions, strategic planning, and potential development projects.

Investment income refers to the earnings generated from investments made by the municipality, which can include interest, dividends, and capital gains. Municipalities invest surplus funds to optimize revenue generation, which is then included in the anticipated revenue for fiscal planning.

Since all these revenues—delinquent taxes, future property sales, and investment income—are anticipated sources of income that municipalities actively consider in their financial planning and budgeting processes, it is accurate to conclude that all of these options collectively represent anticipated revenue.