Page 304 - CityofMansfieldFY23Budget

Risk Management An organized attempt to protect a government's assets against
accidental loss in the most economical method.

Source of Revenue Revenues are classified according to their source or point of
origin.

Strategic Plan A multi-year financial, operational and capital plan designed to
serve as a guide to future capital improvements, staffing and
operational requirements, as well as projected funding sources
over a specified time frame. The Strategic Plan is updated on an
annual basis.

Supplemental A budget request submitted during the budget process for a new
program or an increase to current programs or services above the
current budget level.

Supplies A cost category for minor items (individually priced at less than
$5000) required by departments to conduct their operations.

Tax Duplicate A listing of all taxable properties (real and personal) located
within the City's boundaries and the assessed valuation of each
parcel as determined by the Tarrant County Appraisal District.
This is another term for tax roll.

Unencumbered Balance The amount of an appropriation that is neither expended nor
encumbered. It is essentially the amount of money still
available for future purchases.

Working Capital The amount of funds available for use in the form of cash or
other assets after deductions for liabilities.

Vendor An individual or business that provides goods or services to a
City for which they are compensated by the City.

Voucher A document indicating a transaction has occurred. It usually
contains the accounts related to the transaction.

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