Page 281 - Saginaw FY19 Annual Budget

PROFESSIONAL STANDARDS LIEUTENANT: This supervisor will be assigned to the Office of the
Chief, with responsibility for the recruiting, testing, and background investigations of new personnel,
internal affairs investigations, training (as the Department training coordinator), fleet manager, building
management and quartermaster. This position does not recommend punishment or serve in the chain
of command of other departments, but would be in place to ensure that investigations are conducted
equitably, in accordance with city and legal requirements.

PROPERTY TAX: Property taxes are levied on both real and personal property according to the
property's valuation and the tax rate.

PUBLIC SERVICE OFFICER (PSO): The PSO serves as a detention officer, relief dispatcher, Intoxilyzer
operator, and is available to take walk-in and telephone reports from the public. The PSO works during
business days to handle paperwork for arraignments and processing of prisoners, as well as providing
assistance to the Municipal Court Judge.

PURCHASE ORDER: A document that authorizes the delivery of specified merchandise or the rendering
of certain services and the making of a charge for them.

RECONCILIATION: A detailed summary of increases and decreases in the expenditures/expenses from
one budget year to the next.

REFUNDING BONDS: A procedure whereby an issuer refinances an outstanding bond issue by issuing
new bonds. The proceeds of the new bonds are either deposited in escrow to pay the debt service on
the outstanding obligations, when due, or they are used to immediately retire the outstanding obligations
being refinanced. These are referred to as the "refunded bonds" or the "prior issue".

RESERVE: An account used to indicate that a portion of a fund balance is restricted for a specific
purpose.

REVENUE BONDS: Bonds whose principal and interest are payable exclusively from earnings of an
Enterprise Fund. In addition to a pledge of revenues, such bonds sometimes contain a mortgage on the
Enterprise Fund's property. The term revenue bond is currently used in the municipal bond market to
comprehend almost all bonds other than general obligation bonds.

REVENUES: Funds that the government receives as income. It includes such items as tax payments,
fees from specific services, receipts from other governments, fines, forfeitures, and interest income.

SAFER GRANT: Staffing for Adequate Fire and Emergency Response. A grant funded by the U. S.
Department of Homeland Security. This grant provides funding, for a percentage of the base pay and
benefits for a firefighter, over a five year period. At the end of the five year period the City would be
responsible for the entire salary.

SALES TAX: A general "sales tax" levied on persons and businesses selling merchandise or services
in the city limits on a retail basis. The basic tax is one-cent but cities have the option of imposing additional
sales taxes in varying amounts of up to one cent. These additional sales taxes are known as dedicated
taxes, because their proceeds may be spent only for certain purposes. The City of Saginaw’s dedicated
taxes are used for the reduction of property taxes crime control and prevention and street maintenance.
The Texas Comptroller collects the sales tax and “rebates” the city’s share on a monthly basis. The
comptroller retains a small portion of the tax revenue to cover the state’s administrative costs.

SCHOOL RESOURCE OFFICER (SRO): A police officer that is assigned to the middle schools. He is
there mainly as a police presence and to assist with juvenile problems.
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