Page 353 - FY 2025 Adopted Operating Budget and Business Plan

Appendices Return to Table of Contents

GLOSSARY OF TERMS (CONTINUED)

TIRZ: Tax Increment Refinance Zone

TMRS: Texas Municipal Retirement System

UTA: The University of Texas at Arlington

Vacancies Report: Related to Position Control, this report allows the projection of budgeted dollar savings due to
unfilled positions citywide.

Voter Approval Rate: The tax rate that represents a 3.5 percent increase in the operations/maintenance portion of
the total tax rate. A public election must be held if the “voter-approval” rate is exceeded.

Water and Sewer Fund: Oversees the provision of drinking water and wastewater disposal services to resident and
businesses. Expenses are for functions such as Field Operation, Water Treatment, and Customer Service. The fund also pays
debt service, purchases water, and contributes to various capital reserves to avoid future debt issuance.

FY 2025 Adopted Budget and Business Plan 344 City of Arlington, Texas