Page 308 - Saginaw FY22 Adopted Annual Budget

DEPOSITORY CASH ACCOUNT: This consists of all deposits made to the City of Saginaw. This
includes daily deposits, transfers from TexPool, and direct deposits. All funds are accounted for and earn
interest.

DEPRECIATION: Expiration in the service life of capital assets attributable to wear and tear,
deterioration, action of the physical elements, inadequacy or obsolescence. That portion of the cost of a
capital asset that is charged as an expense during a particular period.

DIRECT DEPOSIT: Deposits that are made directly from one bank to another. The use of direct deposit
causes no mail delay. We utilize direct deposits from the State on our Sales Tax collections and Mixed
Beverage Tax as well as Property Tax payments made through Tarrant County.

DISBURSEMENT: Payment for goods and services in cash or by check.

DISTRIBUTION SYSTEM: A system comprised of smaller water lines which distribute water from the
transmission system to the customers.

DONATIONS FUND: The Donations Fund was created in May 2009 to better track funds received
through water bill donations as well as direct donations to the City for specific purposes. Currently, Animal
Control, Parks, Library, Beautification, Senior Citizen, Police, and Fire have donation funds available for
expenditure.

ELEVATED STORAGE: Water storage tanks that are raised above the ground and connected to the
transmission system to help maintain the system pressure. Excess water pumped flows into these tanks,
or if pumping does not meet customer demand, water drains from the tanks to supplement the pumping.

EMERGENCY OPERATION CENTER (EOC): An area specifically designed to manage a major incident.
It will serve as the command center and be equipped with disaster supplies, computers, maps, CodeRED
system, weather siren network, etc.

ENCUMBRANCE: The commitment of appropriated funds to purchase an item or service. To encumber
funds means to set aside or commit funds for a specified future expenditure.

ENTERPRISE DEBT: Debt that is to be retired primarily from earnings of publicly owned and operated
enterprises.

ENTERPRISE FUND: A fund established to account for operations (a) that are financed and operated
in a manner similar to private business enterprises where the intent of the governing body is that the
costs (expenses, including depreciation) for providing goods or services to the general public on a
continuing basis be financed or recovered primarily through user charges or (b) where the governing
body has decided that this fund is used to account for operations of the water distribution and sanitary
wastewater systems.

EMERGENCY PROTECTIVE ORDER (EPO): Magistrate's Order for Emergency Protection commonly
referred to as EPO. A Magistrate's Order for Emergency Protection is an emergency order protecting;
the victim, the victim's children, and any other family members; from further domestic violence.

ESTIMATED REVENUE: The amount of projected revenues to be collected during the fiscal year.

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