City of Irvine - Fiscal Year 2023-25 Adopted Budget

GLOSSARY

City Council (CC)

Comprised of the Mayor and four City Councilmembers who are elected at large by registered voters of the City. Councilmembers each serve a four-year term and the mayor serves a two-year term. The City of Irvine has a two-term limit for elected officials. The City Council adopts legislation, sets policy, adjudicates issues and establishes the budget of the City. Provides eligible metropolitan cities and urban counties with annual direct grants to revitalize neighborhoods; expand affordable housing and economic opportunities; and/or improve community facilities and services, principally to benefit low- and moderate-income persons. A special district that can issue tax-exempt bonds as a mechanism by which public entities finance construction and/or acquisition of facilities and provide public services to the district.

Community Development Block Grant (CDBG)

Community Facilities District (CFD)

Community Oriented Policing Services (COPS)

A grant program that provides partial funding of salaries for several front line law enforcement positions.

Conditional Use Permit (CUP)

Allows a city or county to consider special uses which may be essential or desirable to a particular community, but which are not allowed as a matter of right within a zoning district, through a public hearing process.

Congestion Management Plan (CMP)

Defines a network of state highways and arterials, level of service standards and related procedures.

Consumer Price Index (CPI)

A statistical description of price levels provided by the U.S. Department of Labor. The change in this index from year to year is used to measure the cost of living and economic inflation.

Contingency Reserve

The City has established a policy to set aside a percentage of its General Fund operating expenditures as a contingency reserve.

Cost Allocated

A method used to charge General Fund costs budgeted in one department to another department or another fund.

Debt Service

The payment of principal and interest on borrowed funds such as bonds.

Department, Division, Section

Organizational units within the Operations Budget that group resources together to provide related types of services.

FY 2023-25 Adopted Budget

489

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