Property tax billed but not collected by the end of the fiscal period or within $60$ days following the end of the fiscal period should be

Property tax billed but not collected by the end of the fiscal period or within $60$ days following the end of the fiscal period should be

reported as deferred revenues, a deferred outflow of resources

reported as deferred revenues, a deferred inflow of resources

reported as revenues as long as the taxes are to be expected to be collected within the next year