FY2014 Recommended Budget - City of Surprise

Base Budget The ongoing expense for personnel, contractual services, commodities, to
maintain service levels.
Bonds Debt instruments that require repayment of a specified principal amount on
a certain date (maturity date), along with interest at a stated rate or
according to a formula for determining the interest rate.
Budget Financial plan of estimated expenditures and anticipated resources adopted
for a specific period of time outlining a plan for achieving Mayor and Council
goals and objectives.
CALEA Commission on Accreditation for Law Enforcement Agencies - The
purpose of CALEA’s programs is to improve the delivery of public safety
services, primarily by: maintaining a body of standards, developed by public
safety practitioners, covering a wide range of up-to-date public safety
initiatives; establishing and administering an accreditation process; and
recognizing professional excellence.
CAP Central Arizona Project – CAP was designed to bring about 1.5 million
acre-feet of Colorado River water per year to Pima, Pinal and Maricopa
counties. CAP carries water from Lake Havasu near Parker to the southern
boundary of the San Xavier Indian Reservation southwest of Tucson. It is a
336-mile long system of aqueducts, tunnels, pumping plants and pipelines
and is the largest single resource of renewable water supplies in the state
of Arizona.
Capital Items Includes the purchase of land, the purchase or construction of buildings,
structures, and facilities of all types, plus machinery and equipment. It
includes expenditures that result in the acquisition or addition of a fixed
asset or increase the capacity, efficiency, span of life, or economy of
operating an existing fixed asset. For an item to qualify as a capital item, it
must meet all of the following requirements:(1) have an estimated useful life
of greater than two years;(2) typically have a unit cost of $10,000 or more;
and (3) be a betterment or improvement.
Capital Projects Budget The expenditures of revenues for major capital projects and items such as
city buildings, parks, acquisition of land, major street construction, and
reconstruction, water and sewer lines, and any other project which adds to
the capital assets or infrastructure of the city.
Capital Project Funds These funds account for resources providing for the acquisition or
construction of capital facilities and items.
CAFR Comprehensive Annual Financial Report - A CAFR is the financial report of
a state, municipal or other governmental entity that contains at a minimum,
three sections: introductory, financial, and statistical. Additionally, the
financial section provides information on each individual fund and
component unit.
CAWCD Central Arizona Water Conservation District - The purpose of the CAWCD
is to provide a mechanism for landowners and water providers to
demonstrate an assured 100-year water supply.
CCTV Closed-Circuit Television - The use of video cameras to transmit a signal to
a specific place, on a limited set of monitors.
237