Operating and CIP Budget Fiscal Year 2015-16

Glossary (continued)

 CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 15-16 OPERATING AND CIP CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY15-16  OPERATING AND CIP BUDGET  CITY SCRWA The South County Regional Wastewater Authority - handles the disposal of wastewater from Gilroy and Morgan Hill. Special Revenue Fund Separate fund used to account for the proceeds of special revenue sources that are restricted by law (or administra- tive action) to expenditures for specific purposes. Transit Occupancy Tax Tax on persons staying 30 days or less in a hotel, inn, motel, tourist home, non-membership campground or other lodging facility. UI Unemployment Insurance Unit Cost Cost of producing one unit of product or service, usually based on averages. Unit costs may be stated in terms of gallons, feet, tons, individual units, etc. User Charges The payment of a fee for direct receipt of a public service by the party benefiting from the service. Yield The rate earned on an investment based on the price paid.

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