Capital Improvements Programming : a Manager's Guide 1984
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Using the Funding Alternatives/Selection Criteria matrix indicate on the matrix which criteria item is most (M) important and which is least (L) important for each of the funding alternatives. Note the explanation of the titles of the items in the matrix that is shown below. Funding Alternatives CAPITAL RESERVE - Municipal revenue from previous years set aside in a reserve fund. CURRENT TAX REVENUE - Contributions from the operating fund to the capital fund in the same budget year SPECIAL OR DE...DICATED TAXES - Taxes that when they are levied are committed by legislative action to a particular municipal function and the capital facilities that relate to it. USER CHARGES - Municipal fees such as for a swimming pool or a golf course SPECIAL ASSESSMENTS - Charges for campital improvements such as sewer or water lines paid directly by the benefiting property owner. SHORT TERM NOTE - Borrowing, usually with easier mechanics then a bond issue, with a term a term gen- erally under five (5) years for items such as temporary construction financing or pro- jects with a short useful life, usually equipment items .
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