Lease revenue is rental income municipalities collect from properties they own and lease to businesses, organizations, or individuals. Municipalities may lease space in civic buildings, rent land for cell towers or parking lots, or lease facilities to community organizations. Unlike property sales which provide one-time income, leasing generates ongoing revenue while maintaining municipal ownership. Lease terms specify rent amounts (often adjusted periodically), permitted uses, maintenance responsibilities, and duration. Effective property management maximizes lease revenue while ensuring municipal assets remain well-maintained and serve public interests alongside generating income for municipal operations.