Page 256 - CityofArlingtonFY26AdoptedBudget
P. 256
Appendices
GLOSSARY OF TERMS (CONTINUED)
Modified Accrual Basis: A mix of cash and accrual accounting methods.
No New Revenue Tax Rate: A tax rate that brings in the same amount of money as the previous year.
Operating Budget: A budget for daily expenses like salaries and supplies.
Performance Measures: Metrics to evaluate how well a program is working.
Position Control: Managing the number of jobs approved by the city council.
Priority: Important goals chosen by the city council.
Program: A set of activities aimed at a common goal.
Program Budget: A budget organized by programs and their activities.
Program Description: An explanation of what a program does.
Program Goal: The main purpose of a program.
Program Objectives: Specific targets a program aims to achieve.
Project: A one-time task completed by a department.
Property Tax: see Ad Valorem Tax.
Proprietary Funds: Funds for business-like activities of the city.
Reserve: Money set aside for a specific purpose.
Revenue: Money received by the city from various sources.
Salary and Benefits Schedule (SBS): A list of salaries and benefits for all city jobs.
Sales Tax: A tax on sales, with the city's portion being 2 cents per dollar – 1 cent to support the General Fund, ½ cent for
Venue Debt, and ¼ cents each for Economic Development and Street Maintenance.
Service Charge: Fees paid for specific services provided by the government.
Special Revenue Fund: A fund for money that must be used for a specific purpose.
Street Maintenance Fund: Money for maintaining streets, supported by a sales tax.
Tax Rate: The amount of tax per $100 of property value. The proposed FY 2026 tax rate for the City of Arlington is 62.98¢.
Transfer: Moving money from one fund to another.
TMRS: Texas Municipal Retirement System.
FY 2026 Proposed Budget and Business Plan 250 City of Arlington, Texas
