Page 281 - Saginaw FY20 Annual Budget

SINKING FUND: The term sinking fund derives from the concept of "floating a bond issue". The sinking
fund was the fund created to accumulate monies to "sink" the debt at its maturity.

SOURCE OF REVENUE: Revenues are classified according to their source or point of origin.

TEXAS LAW ENFORCEMENT TELECOMMUNICATIONS SYSTEM (TLETS): A statewide
telecommunications network that is composed of over 700 terminals/databases/computer interfaces
representing over 675 city, county, state, federal, and military law enforcement and criminal justice
agencies in Texas. This network is controlled by a computerized, electronic message switching system
located in the headquarters of the Texas Department of Public Safety in Austin.

TARRANT APPRAISAL DISTRICT (TAD): An entity established by State Law to ensure uniform
property appraisals for all taxing jurisdictions in Tarrant County.

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

TAX RATE: A rate at which taxes are levied per $100 of assessed valuation. The amount of tax stated
in terms of a unit of the tax base. For example, $.50 per $100 of assessed valuation of taxable property.

TAX RATE LIMIT: The maximum rate at which a government may levy a tax. The limit may apply to
taxes raised for a particular purpose, or to taxes imposed for all purposes, and may apply to a single
government, to a class of governments, or to all governments operating in a particular area. Overall tax
rate limits usually restrict levies for all purposes and of all governments, state and local, having jurisdiction
in a given area.

TAX ROLL: The official list prepared by the Tax Assessor-Collector showing the amount of taxes levied
against each taxpayer or property.

TEXAS COMMISSION ON ENVIRONMENTAL QUALITY (TCEQ): Formerly known as Texas Natural
Resources Conservation Commission (TNRCC). The State agency that oversees pollution control laws.

TEXAS STEP: Located at Texas State University-San Marcos, as a part of the Department of Criminal
Justice in the College of Applied Arts, Texas Statewide Tobacco Education & Prevention (Texas STEP)
provides public awareness information on the tobacco laws, best practices and protocols to enforce the
laws, and ways to increase tobacco awareness at the local level. Aimed at reducing youth access to
tobacco products by eliminating the illegal sale of tobacco to children, this law provides for comprehensive
retailer education and inspections of retailers by law enforcement to ensure compliance. Texas STEP
provides training and technical assistance throughout the State of Texas. Participating law enforcement
agencies receive updates on the law, are provided strategies and curricula on compliance education, are
informed on the health consequences of youth tobacco use, are made aware of their legal reporting
responsibilities, and can receive in-service training on the enforcement protocols.

TEXPOOL: An investment service for public funds provided by the State. It offers local governments
the opportunity to join with the State of Texas and other public entities to get the highest earnings possible
on public money under the safest conditions.

TOTAL SUSPENDED SOLIDS (TSS): Solids that have not been broken down by organisms. An
indication of wastewater strength.

TRANSMISSION SYSTEM: A system of large water lines which transport large quantities of water from
one area to another.
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