governmental services - GORacine.org

General FundGeneral ObligationBondsG.I.S.GRGrantIAIMIndirect ChargesInfrastructureInterest IncomeIntergovernmentalRevenueInternal ServiceFundJBMIMandateMillMill RateMiscellaneous(Funding Source)MissionOAGlossary of TermsThe general fund is the general accounting fund of the County. It is used toaccount for all financial resources except those required to be accounted for inanother fund.When a government pledges its full faith and credit to the repayment of thebonds it issues, then those bonds are general obligation bonds. The County isauthorized and required by law (section 67.05 (10) Wisconsin Statutes) to levy onall property taxable by the County such as ad valorem taxes, without limitation asto rate or amount as may be necessary to pay the notes.Geographic Information SystemGeneral ReliefA contribution from another governmental unit or outside agency. Thecontribution is usually made to aid in the support of a specified function, but itsometimes is also for general programs or specific projects.Income Maintenance Adults/ChildrenIncome MaintenanceThose expenses that by their nature cannot be readily allocated to a specificactivity or project on a direct basis. These expenses are calculated by an outsidefirm and are reported in the Indirect Cost Plan.A permanent installation such as a road, or water transmission system thatprovides public services.Interest earned on idle funds that are not immediately needed by the County.Revenue received from another government in the form of grants and sharedrevenues. Typically, these contributions are made to local governments fromstate and federal governments and are made for specified purposes.Internal service funds are used to account for the financing of goods orservices provided by one department or agency to other departments oragencies of the County or to other governments on a cost reimbursement basis.Jobs Adults/ChildrenMentally IllA requirement imposed by a legal act of the federal, state, or local government.A mill is .001 of one dollar.A rate per one thousand dollars of taxable property values that when multipliedby the taxable value yields the tax levy for a given period.Revenue other than those received from standard sources such as taxes,licenses and permits, grants, and user fees.A statement defining the major reasons for the existence of the departmentincluding its purpose in County government.Other Adults/ChildrenPAGE 47 - 20