Municipal Finance / Budget Glossary
Glossary of Terms Commonly Used in Municipal Finance - Acton, MA
Budget: A plan of financial operation embodying an estimate of proposed expenditures for a given period and the proposed means of financing them. A budget may ...
Municipal Finance / Budget Glossary | Ashland, MA
Balances in the various fund types that represent non-recurring revenue sources. Examples of available funds are free cash, stabilization fund, and overlay ...
Glossary of Terms Commonly Used in Municipal Finance | Concord ...
... fund or government unit at a specified date. Page 2. Balanced Budget: A plan of financial operation in which the estimate of proposed expenditures for a ...
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.
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 ...
Municipal Finance Glossary - Mass.gov
Among other information, a capital budget should identify the method to finance each recommended expenditure (e.g., tax levy or rates) and identify those items ...
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 ...
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 ...
COMMON MUNICIPAL FINANCE TERMS - the Village of Gilberts
Budget: Plan of financial operation, embodying an estimate of proposed expenditures for a given period and the proposed revenue estimates of financing ...
Millis Municipal Finance / Budget Glossary
... fiscal year's state aid and assessments. Page 2. Millis Municipal Finance / Budget Glossary. Town of Millis Finance Committee Financial Glossary, May 2023.
Allocation - the distribution of available moneys, personnel and equipment among various City functions. Amortization - the reduction of an account through ...
Budget Glossary - City of Irving
BUDGET – A plan of financial operation embodying an estimate of proposed means of financing it. The “operating budget” is the financial plan adopted for a ...
Glossary of Budget Terms - OpenGov
a plan of financial operation, embodying an estimate of proposed expenditures for a given time (usually a fiscal year) and proposed means of financing them.
GLOSSARY OF GOVERNMENTAL BUDGETING AND ...
Deficit: The excess of the liabilities and reserves of a fund over its assets. Deficit Financing: A situation in which the Federal government's ...
Key Terms and Definitions - Georgia Municipal Association
Budget – a plan of financial operation embodying an estimate of proposed expenditures for a given period and the proposed means (revenue sources) of financing ...
Budget and Accounting Glossary
Budget - A plan of financial operation embodying an estimate of proposed expenditures for a given period or purpose and the proposed means of financing them.
Glossary of Budget Terms - NYC.gov
ADOPTED EXPENSE AND REVENUE BUDGET: A financial plan for the City and its agencies for a fiscal year, setting forth operating expenditures and anticipated ...
Budget Glossary of Terms - North Port, FL
Budgetary Control – The control mechanism used by a government or enterprise to keep expenditures, in accordance with an approved budget, within the limitations ...
Finance Glossary | City of Colorado Springs
Annual Budget – A plan for the coordination of resources and expenditures. The budget is the financial plan for the City's allocation of resources to provide ...
Municipal Finance Glossary - AmherstMA.gov
Budget Unit – A board or department to which the municipality's legislative body appropriates funds. Bulk Sale of Tax Receivables – A community may make bulk ...