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Line of Business
Lines of business are groups of programs with a common purpose
that produce key results for citizens.
Longevity
Annual monetary payments to qualified employees based on length
of service.
Mayor's Recommended Budget
The budget recommended by the administration and submitted
to the Council by May 25th.
Mission
The agency's mission is a clear, concise purpose for the entire
agency, focusing on the broad yet distinct results that it
will achieve for its customers.
Objectives
Specific statements of what the department plans to achieve
during a fiscal year.
Operating Budget
Plans of current expenditures and the proposed means of financing
them. The annual operating budget is the primary means by
which most of the financing acquisitions, spending, and service
delivery activities of a government are controlled. The use
of annual operating budgets is required by the Charter (6.01).
Ordinance
A legal enactment of the Council, requiring three readings
and mayoral approval to become law. When specifically applied
to the budget, it defines estimated revenues and appropriations.
Overdraft
In budgeting, the amount by which expenditures and encumbrances
exceed the current allotment to which they are chargeable.
Pay Plan
A schedule of classifications and their compensation patterns
(assuming satisfactory performance) developed by the Metro
Department of Human Resources or other valid body.
Performance Indicators
Specific quantitative and qualitative measures of work performed
as an objective of the department. These may include measures
of program achievement, demand for services, workload, efficiency,
and effectiveness.
Personal Services
The cost of salaries, wages, longevity, shift differential,
call pay, jury pay, overtime, and other special pay, but excluding
fringe benefit costs.
Product
Products are countable deliverables that a customer receives
from the agency. They things customers receive, not processes
the agency does. "Circulating library books" is a process;
a library book checked out is a product; "library book check-outs"
measure what is delivered to customers.
Program
Programs are groups of products with a common purpose or result.
Property Tax
A general ad valorem tax levied on both Real and personal
property according to the property's assessed valuation and
the tax rate.
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