Fire Officer 3rd Edition Chapter 14 Flashcards
Every fire department has a budget that defines the funds that are available to operate organization for how long?
One year
Divided document describes with the revenue comes from(input) and where it goes (output)In terms of
Personnel, operating, and capital expenditures
Most Manessa Pallardy government to use a base budget in the financial crisis.
The base budget is the level of finding that would be required to maintain our services at the current authorized levels including adjustment for inflation in salary increases
term
What depends on the type of organization that operates a fire department and the form a relationship between the organization and the local community
Revenue stream
Many volunteer fire departments are organized as non-profit corporations
501c non profit
What must be balanced against anticipated revenues a year or more in advance
Planned expenditures
Term
What system allows for a member of a fire department to be Custodian I have an amount of cash that is provided by the organization
Petty cash system
What typically requires an authorized signature by an official who has control over the budget area for the phones are paid
Purchase order
For a purchase that exceeds a Predetermined amount what is required
Requisition order
INSTEAD OF
purchase order
What is one of the largest sources of grants for the fire service
Assistant to firefighters grant program
The format of the fire department budget should comply with recommendations of the
Government accounting system bored
Term
IsThe standards setting agency for a governmental accounting
Governmental accounting standards board
In most cases more than what percent of career fire department budget is allocated to salaries and benefits including Fring benefits
90%
What covers the basic expenditures that support the day-to-day delivery Municipal services
Operating budget
Term
Comprise purchase of durable items that cost more than a predetermined amount and will last for more than one budget year
Capital expenditures
Term
A certificate of death issued by the government or corporation
Bond
Term
And out of my summary of an estimated or intended expenditure for a given. Along with proposals for financing them
Budget
Term
The act of spending money forget his services
Expenditure
Term
A special service district create it to finance the fire protection of a designated district
Fire tax district
A two person unit they respond still working Internet to track fire fire operating in IDLHEnvironment and monitor the medical status of the members who rotate through the rehab sector during the event
(FGL) Fire ground location program
A new program that involves additional employees or a major capital expenditure will require funds that would have to be obtain by
Decrease in revenue or increasing expenditures
The United States Census summarizes the source is a state and local government tax revenues how many area
9 areas
What are the top 3 area that state and local government generate half of total revenues
General sales and gross receipts taxes
Property taxes
Individual income
What are three examples of services that have often been contracted out by local government
Trash pick
School bus
Vehicle fleet maintenance
Replacing employees were contracted employees is also referred to as
Privatizing
Term
A method of ensuring that there are sufficient funds available on a budget account to cover an estimated amount of purchases
Purchase order
Term
When the exact amount is unknown what type of purchase order do you need?
Requisition
