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CITY OF MORGAN HILL
FY 16-17 and 17-18
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
FY 16-17 and 17-18
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
FY 16-17 and 17-18
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
CITY OF MORGAN HILL
FY 16-17 and 17-18
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
FY 16-17 and 17-18
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
FY16-17 and 17-18
CSOA
Community Service Officers Association
Debt Service
Payment of interest, and repayment of principal to holders of the City’s debt instruments.
Debt Service Fund
Used to account for the accumulation of resources for, and payment of, general long-term debt.
Deficit
1. the excess of an entity’s liabilities over its assets (see Fund Balance); or
2. the excess of expenditures or expenses over revenues during an accounting period
Encumbrance
Obligations in the form of purchase orders or contract commitments which are chargeable to an appropriation and for
which a part of the appropriation is reserved. Encumbrances are eliminated when paid or when a liability is recorded.
Carryforward encumbrances are obligations and appropriations which are transferred to the subsequent fiscal year.
Enterprise Fund
Fund used to account for government operations that are financed and operated in a manner similar to business en-
terprises. These programs are entirely or predominantly self-supporting. Examples of Enterprise Funds are those used
for sewer and water systems.
EOC
Emergency Operations Center
EOP
Emergency Operations Plan
EPA NPDES
Environmental Protection Agency National Pollutant Discharge Elimination System (NPDES) Permitting Program - in-
dustrial, municipal, and other facilities must obtain permits if their discharges go directly to surface waters
Expenditures
The payment against an appropriation for goods received or services rendered.
Glossary
(continued)