FY 2425 2526 Recommended Operating Budget

Glossary (continued)

program administration, accounting and finance, claims administration, risk control, loss prevention, actuarial services, training and education, and legal services to support the shared risk programs.

POST Peace Officer Standards and Training

Morgan Hill Property Business Improvement District ( MHPBID) Assessment on Downtown property owners to assess themselves to provide additional services, beyond what the City would normally provide. The MHPBID provides funding to keep the Downtown clean, safe, and inviting. A non - profit private organization, Downtown Morgan Hill Improvement District, manages the MHPBID and the services provided.

Property Taxes – Secured Taxes on real and personal property located upon that property of the same owner.

Property Taxes - Unsecured Taxes on property for which the value of the lien is not sufficient to assure payment of the tax. Proposition 4 The Gann Initiative – limits growth in government spending to changes in population and inflation. Proposition 111 State measure (1990) increasing gasoline and diesel fuel tax rates by 9 cents per gallon over a five - year period. Since 1994 this tax has been assessed at 18 cents per gallon. Reappropriation A governing body action that transfers spending authority from a completed fiscal year to the subsequent spending plan. Redevelopment Agency (RDA) No longer in place; was dedicated to improving the quality of life in Morgan Hill. The Agency worked to remove blight and breathe new life into deteriorated areas of the City.

GENERAL INFORMATION 73