What can trigger the ability to anticipate revenues from land sales?

The ability to anticipate revenues from land sales is primarily triggered by a signed contract for sale obligation prior to budget adoption. This is because having a signed contract indicates a definite commitment to the transaction, thereby providing a reliable basis for projecting revenue. When a municipality has a legally binding agreement in place, it establishes a clear expectation of income, allowing the finance officer to incorporate this revenue into the budget with confidence.

Other methods, such as conducting a market survey of land value, can provide insights into potential revenue but do not guarantee any actual transactions. A public referendum may influence land sales but does not directly trigger the ability to count on specific revenues until transactions are finalized. Similarly, a resolution by the council could set the stage for land disposition, but without a signed contract, the revenue remains uncertain, and thus not immediately anticipatable in financing decisions.

Hence, only a signed contract directly ensures that revenues from land sales can be anticipated with a high degree of certainty during the budget process.