City of Irvine - Fiscal Year 2019-21 Proposed Budget

GLOSSARY

Strategic Business Plan (SBP)

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).

Strategic Technology Plan (STP)

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.

Systems Development Charge (SDC)

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.

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 to 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

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

Formed in 1986 to plan, finance, construct and operate Orange County's public toll road system (www.thetollroads.com).

Transportation Management Association (TMA)

An association comprised of employers and property owners that promotes the use of alternative forms of commuting to the single occupant vehicle. Traffic congestion relief and air quality benefits are the primary goals of TMA.

Transportation Management Plan

A plan that promotes the reduction of single occupant vehicle use in order to improve air quality and relieve congestion.

Transportation Subventions

Funds from outside sources used to construct transportation improvements that must be used for specific projects.

Trip Reduction Ordinance (TRO)

An ordinance that requires employers with 50 or more employees and/or driving aged students reporting to one site at least three days a week, six months per year to participate in the program.

TRIPS

A transit service for Irvine seniors and persons with disabilities, providing pre- scheduled transportation and regular shuttle services.

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FY 2019-21 Proposed Budget

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