10-6-106 - Definitions.
10-6-106. Definitions.
As used in this chapter:
(1) "Account group" is defined by generally accepted accounting principles as reflectedin the Uniform Accounting Manual for Utah Cities.
(2) "Appropriation" means an allocation of money by the governing body for a specificpurpose.
(3) (a) "Budget" means a plan of financial operations for a fiscal period which embodiesestimates of proposed expenditures for given purposes and the proposed means of financingthem.
(b) "Budget" may refer to the budget of a particular fund for which a budget is requiredby law or it may refer collectively to the budgets for all such funds.
(4) "Budgetary fund" means a fund for which a budget is required.
(5) "Budget officer" means the city auditor in a city of the first and second class, themayor or some person appointed by the mayor with the approval of the city council in a city ofthe third, fourth, or fifth class, the mayor in the council-mayor optional form of government, orthe person designated by the charter in a charter city.
(6) "Budget period" means the fiscal period for which a budget is prepared.
(7) "Check" means an order in a specific amount drawn upon a depository by anauthorized officer of a city.
(8) "Current period" means the fiscal period in which a budget is prepared and adopted,i.e., the fiscal period next preceding the budget period.
(9) "Department" means any functional unit within a fund that carries on a specificactivity, such as a fire or police department within a General Fund.
(10) "Encumbrance system" means a method of budgetary control in which part of anappropriation is reserved to cover a specific expenditure by charging obligations, such aspurchase orders, contracts, or salary commitments to an appropriation account at their time oforigin. Such obligations cease to be encumbrances when paid or when the actual liability isentered on the city's books of account.
(11) "Estimated revenue" means the amount of revenue estimated to be received from allsources during the budget period in each fund for which a budget is being prepared.
(12) "Financial officer" means the mayor in the council-mayor optional form ofgovernment or the city official as authorized by Section 10-6-158.
(13) "Fiscal period" means the annual or biennial period for accounting for fiscaloperations in each city.
(14) "Fund" is as defined by generally accepted accounting principles as reflected in theUniform Accounting Manual for Utah Cities.
(15) "Fund balance," "retained earnings," and "deficit" have the meanings commonlyaccorded such terms under generally accepted accounting principles as reflected in the UniformAccounting Manual for Utah Cities.
(16) "Governing body" means a city council, or city commission, as the case may be, butthe authority to make any appointment to any position created by this chapter is vested in themayor in the council-mayor optional form of government.
(17) "Interfund loan" means a loan of cash from one fund to another, subject to futurerepayment and does not constitute an expenditure or a use of retained earnings or fund balance ofthe lending fund or revenue to the borrowing fund.
(18) "Last completed fiscal period" means the fiscal period next preceding the currentperiod.
(19) "Public funds" means any money or payment collected or received by an officer oremployee of the city acting in an official capacity and includes money or payment to the officeror employee for services or goods provided by the city, or the officer or employee while actingwithin the scope of employment or duty. Public funds do not include money or paymentscollected or received by an officer or employee of a city for charitable purposes if the mayor orcity council has consented to the officer's or employee's participation in soliciting contributionsfor a charity.
(20) "Special fund" means any fund other than the General Fund.
(21) "Warrant" means an order drawn upon the city treasurer, in the absence of sufficientmoney in the city's depository, by an authorized officer of a city for the purpose of paying aspecified amount out of the city treasury to the person named or to the bearer as money becomesavailable.
Amended by Chapter 292, 2003 General Session