Page 522 - NRH FY20 Approved Budget

GLOSSARY

TAXABLE VALUE: Estimated value of taxable property to which the ad valorem tax rate is applied.

TAXES: Compulsory charges levied by a government for the purpose of financing services performed for the
common benefit.

TEXAS COMMISSION ON ENVIRONMENTAL QUALITY (TCEQ): The Texas Commission on Environmental
Quality (TCEQ) is the environmental agency for the state that is charged with protection of the state’s health
and development/preservation of natural resources consistent with economic development.

TEXAS DEPARTMENT OF TRANSPORTATION (TxDOT); An agency of the State of Texas responsible for
regional and statewide transportation and a source of transportation and regional mobility grant funds.

TEXAS MUNICIPAL RETIREMENT SYSTEM (TMRS): A pension plan for employees of member cities with the
State of Texas.

THE T: Originally named the Fort Worth Transportation Authority in 1983, The T provides transportation
services in the form of buses, vanpools, and the Trinity Railway Express to citizens in the Tarrant County and
North Texas area that is based out of Fort Worth, Texas.

TRANSIT ORIENTED DEVELOPMENT (TOD); The Transit Oriented Development or TOD is the creation of
compact, vibrant communities that are centered around high quality train systems. The goal of TOD is to help
citizens eliminate the need for cars by building walkable communities that essentially lead to a higher quality of
life.

TRINITY RIVER AUTHORITY (TRA): The Trinity River Authority of Texas is tasked with providing water and
wastewater treatment along with reservoir facilities as well as being the sponsor for federal water projects
authorized by Texas Legislature within the boundaries that the TRA services.

USER CHARGES: The payment of a fee for direct receipt of a public service by the party benefiting from the
service.

VOLUNTEERS IN POLICING SERVICE (VIPS): Help the NRH Police Department with non-enforcement
duties, allowing police officers more time to focus on crime reduction.

WORKING CAPITAL: Budgeted working capital is calculated as a fund’s current assets less current liabilities
and outstanding encumbrances. The term is used to indicate unencumbered fund balances in enterprise funds
such as the Utility, Golf Course, and Aquatic Park funds.

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