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Tax Rate: The amount of proper ty tax stated in terms of a unit of the municipal tax base; for example, $14 . 80 per $1,000 of
assessed valuation of taxable real and personal proper ty.

Uncollec ted Funds: Recently deposited checks included in an account’s balance but drawn on other banks and not yet
credited by the Federal Reser ve Bank or local clearinghouse to the bank cashing the checks. (These funds may not be
loaned or used as par t of the bank’s reser ves, and they are not available for disbursement .)

Balance: Monies in the various government funds as of the end of the {scal year that are neither
Undesignated Fund
encumbered nor reser ved, and are therefore available for expenditure once cer ti{ed as par t of free cash.
Unreser ved Fund Balance: The amount by which cash, accounts receivable, and other assets exceed liabilities and
restricted reser ves. It is akin to a "stockholders’ equity" account on a corporate balance sheet . It is not , however, available
for appropriation in full because a por tion of the assets listed as "accounts receivable" may be taxes receivable and
uncollected.

FY 2025-2026 Annual Budget | Colleyville Page 193