| A | B |
|---|
| Activity | A specific and distinguishable line of work performed by an organization unit. |
| Ad valorem property taxes | In proportion to value. A basis for levy of taxes on property. |
| Allotment | A part of an appropriation that may be encumbered or expended during an allotment period. |
| Appropriations | An authorization granted by a legislative body to incur liabilities for purposes specified in the Appropriation Act. |
| Budgetary Accounts | Accounts used in federal agencies that are broad in scope, for which appropriations are made, and that are not the same as the Standard GL accounts used for accounting purposees. Budget accounts may cover an entire organization or a group of budget accounts may be aggregated to cover an organization. |
| Character | A basis for distinguishing expenditures according to the periods they are presumed to benefit. |
| Derived Tax Revenues | A classification of nonexchange transactions, such as income or sales taxes. |
| Direct Expenses | Those expenses that can be charged directly as a part of the cost of a product or service. |
| Eligibility Requirements | Specified characteristics that program recipients must possess or reimbursement provisions and contingencies tied to required actions by the recipient. |
| Encumbrances | An account used to record the estimated amount of purchase orders, contracts, or salary commitments chargeable to an appropriation. |
| Estimated Other Financing Sources | Amounts of financial resources estimated to be received or accrued during a period by a governmental or similar type fund from interfund transfers or from the proceeds of noncurrent debt issuance. |
| Estimated Other Financing Uses | Amounts of financial resources estimated to be disbursed or accrued during a period by a governmental or similar type fund for transfer to other funds. |
| Estimated Revenues | The amount of revenues estimated to accrue during a given period regardless of whether or not it is all to be collected during the period. |
| Expenditures Budget | Appropriations requested by departments or by the central administration of a governmental unit for a budget period. |
| Extraordinary Items | Unusual and infrequent material gains or losses. |
| Functions | A group of related activities aimed at accomplishing a major service or regulatory responsibility for which a governmental unit is responsible. |
| General Revenues | Revenues that are not directly linked to any specific function or program. |
| Government-mandated Nonexchange transactions | A category of nonexchange transactions, such as certain education, social welfare, and transportation services mandated and funded by a higher level of government. |
| Imposed Nonexchange Revenues | A category of nonexchange revenue, such as property taxes and most fines and forfeitures. |
| Indirect Expenses | Those expenses that are not directly linked to an identifiable function or program. |
| Other Financing Sources | An operating statement classification in which financial inflows other than revenues are reported. |
| Other Financing Uses | An operating statement classification in which financial outflows other than expenditures are reported. |
| Penalty | A legally mandated addition to a tax on the day it becomes delinquent. |
| Program Revenues | Revenue linked to a specific function or program and reported separately from general revenues on the government-wide Statement of Activities. |
| Programs | Activities, operations, or organizational units grouped because they share purposes or objectives. |
| Property Assessment | A process by which each parcel of taxable real and personal property owned by each taxpayer is assigned a valuation. |
| Purpose Restrictions | Specifications by resource providers of the purposes for which resources are required to be used. |
| Taxable Property | All property except that which is excempt from taxation. |
| Time Requirements | Requirements that relate to the period when resources are required to be used or when use may begin. |
| Voluntary Nonexchange Transactions | A category of nonexchange transactions that includes certain grants and entitlements and most donations. |
