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ADMINISTRATIVE FEE

Costs associated with personnel, forms, supplies, data processing, computer equipment, postage, pro rata insurance premiums and programming

ASSESSMENT BASE

Unit of measure on which non-ad valorem assessment is calculated (per lot, per home site, per front foot, per acre, etc.)

ASSESSMENT

A fixed value or dollar amount to be charged for special services or constructed improvements

AD VALOREM TAX

Property taxes levied on the assessed value of real property

AQUATIC WEED

A noxious aquatic plant with potential to hinder the growth of beneficial plants, or to interfere with irrigation or navigation, or to adversely effect the public welfare or natural resources of the state

AQUATIC WEED CONTROL

Controlling or managing invasive plant species through chemical, biological or mechanical means; often includes shoreline replanting with native plant species

BENEFIT

An advantage, improvement or assistance gained from association with service or improvement

BENEFIT UNIT

Refer to “assessment base”

BID

An offer to perform a contract for work and labor or supplying materials or goods at a specified price.

BOARD OF COUNTY COMMISSIONERS

The governing body of the County composed of five members serving four year terms and representing specific geographic areas

CONSOLIDATED STREET LIGHTING ORDINANCE

The formal legislative enactment by the Board of County Commissioners through which all street lighting MSBUs are centralized for governing purposes

CONTINGENCY FUNDS

Appropriations of funds set aside to cover unforeseen events that occur during fiscal periods or improvement projects

CURBSIDE SERVICE

Collection service providing retrieval at edge of property or other designated location accessible by hauler equipment

DISTRICT

A designated geographic area that is assessed for services or improvements provided to that area. Refer also to “MSBU.”

EASEMENT

A limited right of use over the property of another. Title remains in the name of the property owner, subject to the right of use designated in the reservation of servitude

ENGINEERING REPORT

A written report prepared by a licensed engineer describing the project background, findings, assumptions, permit recommendations, and probable costs to complete a specific MSBU project

FISCAL YEAR

Twelve month financial period beginning October 1 and ending September 30

FIXED TERM ASSESSMENT

Refer to “term assessment”

INTEREST EARNED

Interest earned on revenue

INTEREST EXPENSE

Interest charged on funds that are borrowed

LAKE RESTORATION

Specific efforts directed toward improving aquatic conditions so that deterioration is reduced, avoided, and/or controlled. Typically superseded by long-term aquatic weed control and shoreline replanting requirements.

LEASEHOLD

The fact or condition of holding property by lease; receiving grant of temporary possession or use of (lands, tenements, etc.) from another (owner)

MUNICIPAL

Of or relating to a community or civic unit

NON - AD VALOREM ASSESSMENT

Special assessment for a specific purpose that is collected on the annual property tax bill (example: Fees assessed for services or improvements accessed through the MSBU Program)

ORDINANCE

Formal legislative enactment by the Board of County Commissioners

PETITION FOR IMPROVEMENT

A formal written request addressed to the Board of County Commissioners on which property owner signatures are collected to demonstrate support of a project proposed for coordination through the MSBU Program

PETITION OF INTEREST

An informal communication to property owners with the purpose of determining preliminary interest in pursuing services or improvements through an MSBU

PUBLIC HEARING

A public meeting of the Board of County Commissioners during which property owners may offer information or commentary regarding scheduled activities and/or agenda items

RECONSTRUCTION

Replacement of existing structure

RESERVE

Specified amount of funds set aside to meet future or unanticipated expenses

RESOLUTION

A formal expression of opinion of intention made, usually after voting, by a formal organization, a legislature, a club or other group

RETENTION POND RENOVATION

Re-establishing functionality of existing retention pond through site cleanup, dredging, aquatic weed control and other restorative efforts

SCOPE OF SERVICE

Defines parameters of project, improvement or contract

SERVICE LEVEL

Service resulting from actual or anticipated output of a given project or program

SERVICE YEAR

Twelve month period for which service fees are applicable; may be based on calendar year or fiscal year

SOLID WASTE

Household garbage, yard waste and recycle items

STATUTE

A written law enacted by a duly organized and constituted legislative body

TERM ASSESSMENT

Type of assessment that has a fixed amount and fixed time period for repayment; generally associated with construction projects that require financing terms to enhance affordability

UNINCORPORATED AREA

A geographic area located outside municipal boundaries

VARIABLE RATE ASSESSMENT

Type of assessment by which the levied rate is determined on an annual basis according to financial requirements to continue and/or maintain services or improvements provided through MSBU

YARD WASTE

Vegetative matter resulting from yard and landscaping maintenance (leaves, grass clippings, branches, etc.)