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RESERVES An account used to indicate a portion of a fund balance is restricted for a specific purpose and is
therefore not available for general appropriations.
REVENUE Funds that the government receives as income. Revenue includes such items as: tax payments, fees from
specific services, receipts from other governments, fines, forfeitures, and interest income.
REVENUE REFUNDING Bonds with principal and interest payable exclusively from a revenue source pledged
BONDS as the payment source before issuance. These types of bonds can be issued with or without voter
approval.
RISK MANAGEMENT An organized attempt to protect a government's assets against accidental loss in the most economical
method and with the least risk.
SOURCE OF REVENUE Revenues are classified according to their source or point of origin.
SPECIAL ASSESSMENT A compulsory levy made against certain properties to defray all or part of the cost of a specific
improvement or service deemed to benefit primarily those properties. The following are examples of
special assessments used by the City: street, curb and gutter, drive approach, sidewalk, mowing, and
demolition assessments.
SPECIAL ASSESSMENT FUND A fund used to account for the construction of improvements with special assessment funds. The fund also
accounts for the repayment of special assessment from property owners that have benefited from
improvements or services regardless of the fund responsible for the original expenditure.
STORMWATER UTILITY A fund to account for revenues derived from fees charged to homeowners and businesses to finance
drainage projects.
TARRANT APPRAISAL An entity established by State of Texas law to insure uniform property appraisals for
DISTRICT all cities in Tarrant County.
TAX RATE The amount of tax stated in terms of a unit of the tax base; for example, 64.00 cents per $100 valuation
of appraised calculation of taxable property.
TAX ROLL The official list showing the amount of taxes levied against each tax payer.
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