Page 388 - CityofGrapevineFY26AdoptedBudget
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I/I –
Infrastructure –
Interfund transfer –
Investment
L.F.
Lift Station –
the wastewater to a higher elevation so the gravity process can begin again.
Line-item budget –
Longevity -
Maintenance and Operations -
Major Fund
governmental or enterprise funds, AND at least 5% of the corresponding total for all governmental and enterprise funds combined
MCL
MGD
Modified Accrual Basis - This method of accounting is a combination of cash and accrual accounting since expenditures are immediately incurred as a
liability while revenues are not recorded until they are actually received or are "measurable" and "available for expenditure". This type of accounting
basis is conservative and is recommended as the standard for most governmental funds.
Municipal
NCTCOG
NGL
Non-Departmental – Accounts for expenditures for professional services and other general government functions, which cannot be allocated to
individual departments.
NTRA
NTU
Object Code
Objectives
Operating Funds
Ordinance
PARS –
time employees.
PCMF/PSMF - Permanent Capital/Street Maintenance Fund
PEPM - Per Employee Per Month
Per Capita Costs
Performance Indicator
Prompt Payment Act
the goods or services, whichever comes later. If this is not satisfied, the City may be charged interest on the unpaid balance at the rate of 1 % per
month.
Proprietary Fund
Public Hearing –
views on the merits of the proposals.
Purchase Order –
383
Rainy Day funds –

