Glossary

A.R.S. - Arizona Revised Statutes

Balanced Budget
An annual budget in which expenditures or uses do not exceed available resources. Current year spending as well as future spending obligations must be taken into account.
   
CAFR

Capital Projects Fund

Central Services Cost Allocation Plan

Debt Service Fund

Department

Fiscal Year (FY)

Full Time Equivalent (FTE)

Fund

Fund Balance/Equity

General Fund

Generally Accepted Accounting Principles (GAAP)

Governmental Funds

Governmental Accounting Standards Board (GASB)

Internal Charge

Internal Service Fund (ISF)
   
Object Code

Personal Services

Special Districts

Special Revenue Fund