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Glossary

2016-2020 FINANCIAL PLAN

Public Sector Accounting Board (PSAB)

- Sets accounting standards for the public

sector. PSAB serves the public interests by setting standards and guidance with respect

to the reporting of financial and other information.

Riparian Corridor

- The habitat immediately adjacent to a river, stream, lake or other

natural body of water.

RCMP

- Royal Canadian Mounted Police.

Revenue

- Sources of income used by the City to finance its operations.

South Fraser Perimeter Road (SFPR)

- Capital roads project undertaken by the City.

Tax Levy

- The total amount to be raised through general property taxes.

Taxes

- Compulsory charges levied by the City for the purpose of financing services

performed for the common benefit of its citizens.

Terrestrial Habitat

- a place or environment on land.

Transfers To/From Own Sources

- Amounts transferred to/from one fund to another

fund or to/from deferred revenue or reserve accounts.

Triple Bottom Line Accounting

- A performance measure that takes into account

ecological and social performance in addition to financial performance.

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