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7 Cards in this Set

  • Front
  • Back

Operating Budget

Budget for day to day expenses.

Capital Budget

Budget for major capital, or investment, expenditures.

Balanced Budget

Budget in which revenues are equal to spending.

Tax Exempt

Not subject to taxes.

Real Property

Physical property such as land and buildings.

Personal Property

Possessions such as jewelry, furniture, and boats.

Tax Assessor

An official who determines the value of a property.