Page 311 - Saginaw FY22 Adopted Annual Budget

MEDIAN VALUE: The median value for an ordered array of numbers is the mid-score of the distribution.

MIXED BEVERAGE TAX: A tax at the rate of fourteen percent (14%) is imposed on the gross receipts
of a licensee for the sale, preparation, or service of mixed beverages consumed on the premises of the
business.

MODIFIED ACCRUAL ACCOUNTING: The basis of accounting adapted to the governmental fund type
spending measurement focus. Under it, revenues are recognized when they become both “measurable”
and “available” to finance expenditures of the current period. Expenditures are recognized when the
related fund liability is incurred except for (1) inventories of materials and supplies which may be
considered expenditures either when purchased or when used; (2) prepaid insurance and similar items
which need not be reported; (3) accumulated unpaid vacation, sick pay, and other employee benefit
amounts which need not be recognized in the current period, but for which larger than normal
accumulations must be disclosed in the notes to the financial statements; (4) interest on special
assessment indebtedness which may be recorded when due rather than accrued, if offset by interest
earnings on special assessment levies; and (5) principal and interest on long-term debt which are
generally recognized when due. This accounting technique is a combination of cash and accrual
accounting since expenditures are immediately incurred as a liability while revenues are not recorded
until they are actually received.

MOTOR ALL DATA SYSTEM: Computer based automotive diagnostic and repair manual. An essential
tool in properly diagnosing and repairing today’s sophisticated vehicles.

MUTUAL AID: Mutual Aid is when the City has an agreement with another fire department to assist
them or they will assist us when we determine we need additional assistance or resources after arriving
at an incident. Anytime another fire department responds to a reported structure fire or major incident
and needs assistance they call the other fire departments and request assistance. That fire department
then responds by sending one fire engine company.

NAPA INSTITUTE OF AUTOMOTIVE TECHNOLOGY (NIAT): Continuing education and training in
diagnostics skills and repair capabilities that is sponsored by NAPA Auto Parts.

NO NEW REVENUE TAX RATE (formerly called EFFECTIVE TAX RATE): The rate that produces the
same revenues in terms of the total amount of taxes as compared to the prior year.

NON-EXEMPT: Personnel eligible to receive overtime pay when overtime work has been authorized or
requested by the supervisor.

NORTH TEXAS REGIONAL LIBRARY SYSTEM (NTRLS): A consortium of 73 public libraries in North
Texas. It is one of ten library Systems funded through yearly grants from the Texas State Library and
Archives Commission. It offers Libraries consulting services, including grant writing, workshops, technical
support, and networking opportunities.

OPERATING BUDGET: The approved financial plan that outlines estimated revenues and
expenditures/expenses for the fiscal year. It lists line item allowable expenditures/expenses for daily
operation necessary to provide basic governmental services. The operating budget can only be amended
with approval of the City Council. (The General Fund, Debt Service Fund and Enterprise Fund make up
the City of Saginaw's operating budget.)

OPERATION ID: Electric engraving pencils are available at the Police Department for citizens to engrave
their Driver’s License Number on personal property. This helps return stolen property to the owner.
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