Base Budget: A reflection of the budget resources (financial, human, and other) that are required to maintain service levels at the level provided in the previous year. [...] A fund balance is the excess of cumulative revenues and other sources of funds over cumulative expenditures and other uses of funds. [...] The levy for a particular property is calculated by multiplying the assessed value for the property by the appropriate tax rate for that property’s class. [...] These activities will significantly reduce operating costs, improve the quality of output of the asset and or increase the service capacity of the asset. [...] User Fees: The amount of revenue generated from the imposition of charges for the use of municipal facilities or services by an individual or group and not the community at large.
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- Canada
