GLOSSARY
General Fund
The primary operating fund of the City (as opposed to all other City funds, which are designated as “Special Funds”).
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) Governmental Accounting Standards Board (GASB)
Professional association of state/provincial and local finance officers in the United States and Canada (www.gfoa.org).
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). A fund type to account for tax-supported activities. There are five different types of governmental funds: the general fund, special revenue funds, debt service funds, capital projects funds, and permanent funds.
Governmental Fund
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 (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)
Inter-jurisdictional planning regions within Orange County.
Growth Management Program (GMP)
AMeasureM funded program intended to address the cumulative regional traffic impacts of development not addressed by specific project mitigation and existing system deficiencies.
HOME Program
Federal housing assistance program that provides funds to low- and very low- income families for both rental units and privately owned dwellings.
FY 2019-21 Proposed Budget
549
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