GLOSSARY
Southern California Association of Governments (SCAG)
The Metropolitan Planning Organization for Los Angeles, Orange, San Bernardino, Riverside, Ventura and Imperial counties, that is mandated by the federal government to research and draw up plans for transportation, growth management, hazardous waste management and air quality. The City’s accounts are broken into distinct funds, each earmarked for a different purpose, with the principle and interest of the funds tracked separately. The City’s main operating fund is its General Fund, while all other City funds are designated as Special Funds. A five- year planning “blueprint,” updated annually, that evaluates the City’s financial capability to achieve its goals; helps set priorities for City operations and the annual budget; and guides the City’s capital improvement and rehabilitation program (www.cityofirvine.org/sbp). A plan that defines the City’s strategic goals for technology and defines the steps and costs to implement the new technology system over a five-year period. Fees that are collected when expansion, new development or an intensification of use occurs on property served by City infrastructure. The fees are used to fund the non-assessable portion of the construction of infrastructure (wastewater, storm water, transportation and park facilities) needed to support growth in the community and to recoup a portion of the community's investment in the infrastructure already in place.
Special Funds
Strategic Business Plan (SBP)
Strategic Technology Plan (STP)
Systems Development Charge (SDC)
Traffic Enforcement Index
The number of moving citations divided by the number of injury accidents.
Transfers-In/Out
A transfer of resources between different City funds (see glossary definition of “Fund”). A transfer of cash from the City’s General Fund t o a City Special Fund, for example, would be designated as a transfer-out in the General Fund, and then a transfer-in in the receiving Special Fund.
Transient Occupancy Tax (TOT)
An 8 percent tax added to the cost of renting a hotel room within the City. Also known as the Hotel Tax.
Transportation Corridor Agencies (TCA)
Formed in 1986 to plan, finance, construct and operate Orange County's public toll road system (www.thetollroads.com).
FY 2023-25 Adopted Budget
499
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