Which of the following is NOT a type of revenue?

Loan proceeds are not considered a type of revenue because they represent borrowed funds that must be repaid in the future, rather than income generated from the municipality's operations. Revenue typically consists of income that the municipality earns through regular activities, such as taxes or fees, which contribute to the overall budget and can be utilized for operational needs.

In contrast, surplus is the excess of revenues over expenditures in a prior fiscal year and can be used in the current budgetary cycle. Anticipated revenue refers to amounts expected to be received in the future based on estimates, such as projected tax revenue. Current taxes are actual revenue collected within a specific fiscal period, contributing to the immediate financial resources available to the municipality.