COMMON MUNICIPAL FINANCE TERMS
Concepts and terms that are common in municipal financing include the following. ... “DLGF” means the Indiana Department of Local Government Finance, which ...
Municipal Financial Analysis Handbook
definitions of the main terms used in the text. Special note should be made of the usage of three common terms: Taxes, Fees, and Charges. Taxes are 1 ev i ...
Guide to Understanding Annual Comprehensive Financial Reports ...
In layman's terms, it's how much debt the government can prudently afford. ... Another common ratio used in government financial reporting is Percentage of ...
GLOSSARY OF TERMS IN BUDGET DOCUMENT
The accrual basis of accounting adapted to the government fund-type measurement focus. Under it, revenues and other financial resource increments (e.g., bond ...
NC General Statutes - Chapter 159
Short title and definitions. (a). This Chapter may be cited as "The Local Government Finance Act." (b). The words ...
Municipal Bond 101: Glossary of Terms
TAXABLE MUNICIPAL BOND – A municipal bond the interest on which is subject to federal income tax. An issuer may issue a taxable bond because: it is financing ...
Certain types of municipal bonds whose income is subject to the alternative minimum tax (AMT). AMT bonds include those issued to finance such private purpose ...
Terms and Acronyms | FINRA.org
tenants by the entirety (TBE), tenants in common (TIC); to-be-announced ... municipal finance professional (MFP); non-objecting beneficial owner (NOBO) ...
Chapter 21: Financing Capital Improvements
Long term municipal debt is most often incurred in the form of bond issues. Most are issued as tax exempt bonds but municipalities may be, under certain ...
Guide to Expanding: Making the Connection to Municipal Financing
Your finance professional will help you review the terms of the grant and ... General obligation bonds are commonly used and familiar to your financial.
Third, in national accounting terms, government expenditure is measured on ... finance reports in government operations. Unless the coverage matches ...
town officials guide - Millville MA |
1.1: WHAT ARE THE IMPORTANT. ELEMENTS OF MUNICIPAL. FINANCE? The term “municipal finance” incorporates ... The most common form of short-term debt is tax ...
Definitions of fund types and roll-up funds
Special revenue funds; Debt service funds; Capital project funds; Permanent funds; Enterprise funds; Internal service funds; Private-purpose funds; Investment ...
Municipal Bond Glossary: Every Concept You Need to Know
Letters of credit are letters issued by financial institutions or guarantors of municipal bonds stating that the issuer's debt service payments ...
Land and property taxes for municipal finance
Exemptions to property taxes based on occupation or income are common in the UK and. US. ... and the benefits they finance in terms of public services and ...
Glossary of Budget and Finance Terms
This tax is devoted entirely to the Public Education Capital Outlay and Debt Service Trust fund. PECO is established in the Florida Constitution and must be ...
Annual Survey of State and Local Government Finances Glossary
Common funds are prorated using available secondary sources into ... In Census Bureau statistics on government finance, however, transactions of ...
Municipal Finances, A Handbook for Local Governments
... Terms Related to Metropolitan Areas 42. 2.2. The Emergence of ... It takes the side of mayors and municipal managers. Few publications on municipal finance.
Glossary of Business and Financial Terms
common carrier. A company licensed by the state or federal government to transport goods and passengers for the general public. Examples include UPS and Federal ...
General Accounting and Budget Terminology
Used without any modifier, the term usually indicates a financial plan for a single fiscal year. BUDGET BILL and BUDGET ACT. In California State government, the.