GLOSSARY
Environmental Enhancement and Mitigation Program (EEMP)
A state funded grant program for projects related to environmental enhancement or design, particularly of transportation facilities.
Environmental Impact Report (EIR)
A public document used by governmental agencies to analyze the significant environmental effects of a proposed project, to identify alternatives and disclose possible ways to reduce or avoid potential environmental damage. The California Environmental Quality Act requires an EIR whenever the initial study or other evidence in the record has produced substantial evidence that the proposed project might produce significant environmental effects.
Expenditure
The actual payment for goods and services.
Fair Housing Council of Orange County (FHCOC)
A private non-profit organization which fosters diversity in housing through education and the enforcement of state and federal fair housing laws (www.fairhousingoc.org).
Fees
A general term used for any charge levied by government for providing a service or permitting an activity.
Fiscal Year
Any period of 12 consecutive months designated as the budget year. Irvine’s budget year begins on July 1 and ends on June 30.
FOR Families Program
A Community Services program designed to strengthen families by providing support to individuals and families experiencing stress through short-term support; peer advisement and referral services; self-help groups; and information related to parenting, stress reduction, substance abuse and money management. These include retirement/pension; health, life, and disability insurance; workers’ compensation; and vacation, administrative, medical and special leave of absence time.
Fringe Benefits
Full-Time Equivalent (FTE)
Refers to part-time hours converted to one full-time equivalent position, which equals 40 hours per week, 52 weeks per year.
Fund
A self-balancing set of accounts to record revenues and expenditures associated with a specific purpose.
Fund Balance
Within a specific fund, the funds remaining when all current and prior year liabilities (expenditures) are subtracted from current and prior year assets (revenues).
Gas Tax
State tax received from gasoline sales utilized solely for street related purposes, such as new construction, rehabilitation or maintenance.
548
FY 2019-21 Proposed Budget
Made with FlippingBook Learn more on our blog