General Plan
A comprehensive, long-range, policy document required by state law. The document establishes the City’s overall spatial and temporal development pattern.
Geographical Information System (GIS)
A computer system capable of assembling, storing, manipulating and displaying geographically referenced information.
Goal
A time/phased strategy that will implement a specific course of action or plan, typically, a long-term process.
Government Finance Officers Association (GFOA)
A professional association of state/provincial and local finance officers in the United States and Canada (www.gfoa.org).
Governmental Accounting Standards Board (GASB)
Organized in 1984 by the Financial Accounting Foundation to establish standards of financial accounting and reporting for state and local governmental entities (www.gasb.org).
Grants
Contributions of cash or other assets from another governmental agency to be used or expended for a specified purpose, activity or facility.
Gross Domestic Product (Real) (GDP)
The total of the goods and services produced by labor and property located in the United States.
Gross State Product (GSP)
The total of the goods and services produced by labor and property located in the State of California.
Growth Management Area (GMA) Growth Management Program (GMP)
Inter-jurisdictional planning regions within Orange County.
A Measure M funded program intended to address the cumulative regional traffic impacts of development not addressed by specific project mitigation and existing system deficiencies.
Hotel Tax (TOT)
Also known as the Transient Occupancy Tax (TOT) or bed tax – a 13% tax added to the cost of renting a hotel room within the City.
Infrastructure
Inputs includes the City’s street, bridge, traffic signal, landscaping, and trail networks. To be capitalized as part of the City’s infrastructure network, a related component must have an initial individual cost of at least $50,000 and an estimated useful life greater than five years. Resources (e.g. dollars, staff and other assets) required to accomplish a job or provide a service.
Inter-Fund Transfers
Payments from one fund to another fund, primarily for work or services provided.
Landscape and Lighting, District (LLD)
An assessment district to provide funds for park and parkway landscaping and lighting maintenance.
Lease-Purchase Agreement
Contractual agreements which are termed leases, but whose lease amount is applied to the purchase.
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