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7 Cards in this Set
- Front
- Back
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Operating budget |
Budget for day-to-day expenses |
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Capital budget |
Budget for major capital, or investment, expenditures |
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Balanced budget |
Budget in which revenues are equal to spending |
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Tax exempt |
Not subject to taxes |
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Real property |
Physical property such as land and buildings |
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Personal property |
Possessions such as jewelry, furniture, and boats |
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Tax assessor |
An official who determines the value of a property |
