Page 307 - Saginaw FY22 Adopted Annual Budget

COURT SECURITY FEE: Fee collected by the court for convictions of misdemeanor offenses in the
Municipal Court. Funds to be used to finance items used for the purpose of providing security services
for the housing of the Municipal Court.

COURT TECHNOLOGY FEE: Fee collected by the court for convictions of misdemeanor offenses in the
Municipal Court. Funds to be used to finance the purchase of technological enhancements and service
and maintenance agreements for the Municipal Court.

CRIME CONTROL AND PREVENTION DISTRICT (CCPD): In 1989 the Legislature enacted the Crime
Control and Prevention District Act. This Act allows cities to establish a district and impose a local sales
tax to fund its programs. A majority of the voters must approve the creation of the district and adopt the
sales and use tax to fund the district at an election held specifically for that purpose.

CRIME TAX: The additional three-eighths cent sales tax that is collected for use by the Crime Control
and Prevention District.

CRIMINAL INVESTIGATIONS DIVISION (CID): Is responsible for investigating criminal offenses that
occur in the City of Saginaw.

CURRENT TAXES: Property taxes that are levied and due within one year.

DEBT SERVICE FUND: The fund used to record payment of long-term debt principal and interest.
Formerly called the Interest and Sinking Fund.

DEBT SERVICE REQUIREMENTS: The amount of revenues which must be provided for Debt Service
so that all principal and interest payments can be made in full as scheduled.

DEDICATED TAX: A tax levied to support a specific government program or purpose such as the sales
tax used to reduce property taxes.

DEFERRED COMPENSATION FUND: This fund is used to account for assets held for employees in
accordance with the provisions of Internal Revenue Code Section 457 (retirement funds for the
employees).

DEFENSIVE DRIVING: Defensive Driving is an educational classroom driver safety course that has
been approved by the State of Texas. It is sometimes used for dismissal of a citation or a discount on
automobile insurance.

DEFICIT: (1) The excess of the liabilities of a fund over its assets. (2) The excess of expenditures over
revenues during an accounting period; or, in the case of enterprise funds, the excess of expense over
income during an accounting period.

DELINQUENT TAXES: Taxes that remain unpaid on or after the date on which a penalty for non-
payment is attached.

DEPARTMENT: A major administrative organizational unit of the City that indicates overall management
responsibility for one or more activities.

DEPOSITORY BANK: Banking institution that handles the day to day operational cash flow (daily
deposits, payroll checks, and accounts payable checks). The City’s current depository bank is Frost.

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