2012 Budget - South Suburban Parks and Recreation

South Suburban Park and Recreation District
Glossary
S.T.A.R.P.R. - Safety, Teamwork, Accountability, Respect, Partnerships, and Resource
Conservation
TABOR – (Taxpayer’s Bill of Rights) an amendment to the Colorado Constitution approved
by voters in November of 1992, incorporated in the State Constitution as Section 20 of
Article X. The amendment limits growth in both state and local government revenue and
expenditures, makes provisions for annual elections, and required voter approval for tax
increases.
Taxes – Compulsory charges levied by a governmental unit for the purpose of financing
serviced performed for the common benefit.
Transfers – Amounts distributed from one fund to finance activities in another fund.
UD&FCD – Urban Drainage and Flood Control District
US Government Agency Securities - A security, usually a bond, issued by a U.S.
government-sponsored agency. The offerings of these agencies are backed by the
government, but not guaranteed by the government. Some prominent issuers of agency
securities are Federal National Mortgage Association (Fannie Mae) and Federal Home Loan
Mortgage Corporation (Freddie Mac).
US Government Securities - direct government obligations, that is, debt issues of the U.S.
government, such as Treasury bills, notes, and bonds.
VPN - A VPN (Virtual Private Network) is a form of communication over networks that are
public in ownership, but emulate a private network in terms of security.
WAN – (Wide Area Network) a computer network that spans a relatively large geographical
area, typically connecting several local-area networks (LANs).
Water Rights - Water rights includes the direct cost of acquisition, legal and engineering
fees related to the development and augmentation of water rights.
XL Report Writer – the financial reporting software used by the District.
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