§ 53F-2-601 State guaranteed local levy increments — Appropriation to increase number of guaranteed local levy increments — No effect of change of minimum basic tax rate — Voted and board local levy funding balance — Use of guaranteed local levy increment funds.
§ 53F-2-601 v2 State guaranteed local levy increments — Appropriation to increase number of guaranteed local levy increments — No effect of change of minimum basic tax rate — Voted and board local levy funding balance — Use of guaranteed local levy increment funds.

Terms Used In Utah Code > Title 53F > Chapter 2 > Part 6 - State Guarantee Funding

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Property: includes both real and personal property. See Utah Code 68-3-12.5
  • State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5