Facts Flashcards
According to the AICP which cases were not decided by the Supreme Court?
Golden v. Planning Board of the Town of Ramapo
Association of Sonoma County v. City of Petaluma
Associated Home Builders of the Greater East Bay v. City of Livermore
What is the largest concrete structure in the US, built in 1942?
Select one:
a.
Grand Coulee Dam
b.
Hoover Dam
c.
Bay Bridge
d.
Tri Borough Bridge
The largest concrete structure in the US in 1942 was the Grand Coulee Dam, located on the Columbia River in the state of Washington.
The correct answer is: Grand Coulee Dam
This author argued “the need is for deliberate, abstract thought” devoted to what we mean by a good city.
Select one:
a.
Jane Jacobs
b.
Saul Alinsky
c.
Lawrence Haworth
d.
Lewis Mumford
Lawrence Haworth wrote the book, The Good City, which argued for a thoughtful approach to what actually makes a city good.
The correct answer is: Lawrence Haworth
Which industry classification system replaced the U.S. Standard Industrial Classification System (SIC)?
Select one:
a.
The North American Industry Classification System
b.
The North American Industrial Development System
c.
The New Industrial Classification System
d.
The North American Free Trade Agreement
The correct answer is the North American Industry Classification System. NAICS was developed jointly by the U.S., Canada, and Mexico in 2002.
The correct answer is: The North American Industry Classification System
Differentiate between Line-by-Line budgeting, Incremental Budgeting, Zero-Based Budgeting, Results-Based Budgeting, Priority Based budgeting according to the AICP
Differentiate between General Obligation Bonds, Revenue Bonds, Capital lease debt, Special Obligation debt, Tax increment debt, and Private activity debt according to the AICP.
What is a bond according to the AICP?
A bond is a long-term debt instrument that represents a loan from an investor to a borrower (typically a government or corporation). Bonds are used to finance a variety of capital projects, such as schools, roads, and infrastructure improvements.
What is a Mill levy according to AICP?
A mill levy is a property tax rate that is used by local governments and other jurisdictions to raise revenue to cover annual expenses. The mill levy is expressed in mills, and one mill is equal to $1 per $1,000 of assessed value.
Mill levies are typically set by elected officials, such as city councils and county commissions. Mill levies can vary widely from one jurisdiction to another, depending on the level of services that the jurisdiction provides and the amount of revenue that it needs to raise.
Mill levies are used to fund a variety of local government services, including:
Schools
Roads and bridges
Public safety
Parks and recreation
Libraries
Social services
Differentiate between Capital and Fiscal according to the AICP
Capital refers to physical assets that are used to produce goods and services. It can include both public and private assets, such as roads, bridges, schools, hospitals, and businesses. Capital investments are typically long-term and require a significant upfront investment. However, they can also generate significant benefits over time, such as improved economic productivity, quality of life, and environmental sustainability.
Fiscal refers to the financial resources that a government uses to fund its operations and services. This includes revenue from taxes, fees, and other sources, as well as expenditures on public programs and services. Fiscal planning is the process of managing a government’s financial resources to ensure that it can meet its current and future obligations.
Normal or Gaussian distribution
Symmetrical vs Asymmetrical distribution
Left vs Right skew distribution
Variance vs Standard deviation
Standard deviation is the square root of the variance
Coefficient of variation
Relative dispersion from the mean by taking the standard deviation and dividing by the mean.
Statistical inference
Process of drawing conclusions about the characteristics of a distribution from a sample of data.