Municipal budgets—which fund the services residents rely on—depend heavily on multiple sources of revenue, from property taxes and state aid, to local receipts, such as property and excise taxes, hotel and meals taxes, as well as license and permit fees. But with costs going up and a documented decline in state aid over the years, finding creative ways to bolster revenue—combined with efforts to trim expenses—is becoming all important. In that search, some proposed solutions are complex and can be…