COMMON MUNICIPAL FINANCE TERMS

Glossary of Terms Commonly Used in Municipal Finance - Acton, MA

Glossary of Terms Commonly Used in Municipal. Finance. Abatement: A complete or partial cancellation of a tax bill imposed by a governmental unit; applicable.

Glossary of Terms Commonly Used in Municipal Finance | Concord ...

Glossary of Terms Commonly Used in Municipal Finance. Abatement: A complete or partial cancellation of a levy imposed by a governmental unit; applicable to ...

COMMON MUNICIPAL FINANCE TERMS - the Village of Gilberts

Projects involving the purchase or construction of capital assets. Typically a. Page 2. COMMON MUNICIPAL FINANCE TERMS. Page 2. TERM.

Common Municipal Finance Terms | Middleton, MA

Common Municipal Finance Terms. Abatement: A complete or partial cancellation of a real or personal property tax, motor vehicle excise tax, fee, charge, or ...

Municipal Finance Glossary

with the government ends. The most common type of these postemployment benefits is a pension. Postemployment benefits other than pensions generally take the ...

Municipal Finance Glossary - Mass.gov

This local adoption law, commonly referred to as Chapter. 653, allows the community to assess improved parcels, which ensures the property owner pays his fair ...

GLOSSARY OF FINANCE TERMS FOR LOCAL ELECTED OFFICIALS

Tax: A compulsory payment to a government for the purpose of financing services performed for the common good. Tax Amnesty: Allowing delinquent taxes to be ...

Glossary – Common Municipal Finance Terms - Town of Holliston

In governmental funds other than the general fund, assigned fund balance represents the remaining amount that is not restricted or committed.

Glossary of Municipal Finance Terms

Other common names for a bond purchase agreement are “contract of purchase” or “bond purchase contract.” Bond Resolution or Ordinance. The document(s) ...

Financial Management in Local Government: Frequently Used Terms

It is helpful to have a standard set of terms to describe common local government financial processes, fund accounts, and budgets. While there is a great ...

Municipal Finance Terms and Defini ons - Revize

... their years of service that they do not receive un l after their government employment ends. While pensions are the most common of these, other postemployment ...

MSRB Glossary of Municipal Securities Terms

... common enterprise in which an investment is made on the expectation of financial return. The term includes notes, stocks, bonds, debentures ...

Glossary of Municipal Finance Terms - Town of Duxbury

Arbitrage - As applied to municipal debt, the investment of tax exempt bond or note proceeds in taxable higher yielding securities. This practice is restricted ...

Glossary of government terms - League of Wisconsin Municipalities

A tax based on value (e.g., a property tax). Adopted Budget. The governing body shall adopt by a majority vote financial plan for the ensuing fiscal year. It ...

Local Government Finance Definitions

This document is to be used as a reference for local government finances as common terms and definitions. As local government financial information continues to ...

Finance And Budget Glossary - City of Miami Gardens

The following glossary of terms, phrases and acronyms commonly used primarily in municipal finance and budgeting, but also included are terms, phrases and ...

Glossary of budget terms | Office of Financial Management - WA.gov

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z · Account · Account code or number · Accrual basis · Accrued expenditures · Accrued liabilities · Accrued revenues.

Types of Municipal Debt - MRSC

Long-term debt is a commonly used means of financing large capital assets such as infrastructure, buildings, and large pieces of equipment.

Millis Municipal Finance / Budget Glossary

The most common type of these post-employment benefits is a pension. Post-employment benefits other than pensions generally take the form of medical ...

An Overview of Municipal Finance - Union College

Municipal Credit Overview. 29. 7. Bond Documents. 36. 8. Glossary of Common Terms. 39. Page 3. 1. Introduction to the U.S. Municipal Bond Market. Page 4. • ...