Page 205 - City of Fort Worth Budget Book

Glossary and Acronyms

Program Budget: A budget that focuses upon the goal and objectives of an agency or jurisdiction rather than
upon its organizational budget units or object classes or expenditures.

Projected Beginning Fund Balance: Refers to monies in a Governmental Fund that are expected to be
collected and on hand at the beginning of the fiscal period.

Projected Beginning Net Position: Refers to monies in a Proprietary or Fiduciary Fund that is expected to be
collected and on hand at the beginning of the fiscal period.

Projected Ending Fund Balance: Refers to monies in a Governmental Fund that are expected to have been
collected and be on hand at the end of the fiscal period.

Projected Ending Net Position: Refers to monies in a Proprietary or Fiduciary Fund that is expected to have
been collected and be on hand at the end of the fiscal period.

Property Tax: Taxes levied on both real and personal property according to the property's valuation and the
tax rate.
Proposed Rate: The rate that is under formal consideration by the governing body for the current year.

Proprietary Fund: A class of fund types that account for a local government’s businesslike activities. Proprietary
funds are of two types: enterprise funds and internal service funds. Both use the accrual basis of accounting and
receive their revenues from charges to users. Examples of Enterprise Fund: Water and Sewer Fund, Stormwater
Utility Fund, Municipal Parking Fund; Internal Service Fund examples: Equipment Services, Information
Systems Fund.

Qualitative Data: Non-numeric information collected through interviews, focus groups, observation, and the
analysis of written documents. Qualitative data can be quantified to establish patterns or trends.

Quantitative Data: Information that is counted, or compared on a scale.

Reconciliation: A detailed analysis of changes in revenue or expenditure balances within a fund.

Regular Employees: This is referred to as full-time employees working 40 hrs. /week. They make up the total
Authorized/Approved Positions (AP) adopted by the City Council every fiscal year. They are divided into two
categories:

• General (civilian) employees: All classification other than Police and Fire ranks. Their salary is charged to
5110101 “REGULAR EMPLOYEE SALARIES”. Police and Fire trainees are considered General
employees until they graduate from the academy and join the ranks.
• Civil Service Employees: Pertains to Police and Fire all ranks. Their salary is charged to 5115101 “CIVIL
SERVICE BASE PAY”.
Requisition: A written request from a department to the purchasing office for specific goods or services. This
action precedes the authorization of a purchase order.
Reserve: An account used to indicate that a portion of a fund's balance is legally restricted for a specific purpose
and is, therefore, not available for general appropriations.

Revenue: Increases in the net current assets of a governmental fund type from other than expenditure refunds
and residual equity transfers, and increases in net total assets of a proprietary fund type from other than expense
refunds, capital contributions, and residual equity transfers. Included are such items as tax payments, fees from
specific services, receipts from other governments, fines, forfeitures, grants, shared revenues, and interest
income.

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