Use of Money and Property; and Miscellaneous. Per capita data and percentage of total local revenue is presented for each major source. Below are explanations for columns specific to Exhibit B. These notes are included in the Report in Note 2 - Definitions of Key Terms. General Property Taxes: Real Property - Includes revenue from current and delinquent real property and land redemptions. Public Service Corporations - Includes current and delinquent real and personal property taxes on public service corporations. Personal Property - Includes current and delinquent taxes on personal property and mobile homes. It does not include the Commonwealth’s reimbursement to local governments for personal property tax relief. The Commonwealth’s reimbursement is reported as Revenue, Non-categorical Aid on Exhibit B-1. Machinery and Tools - Current and delinquent taxes on machinery and tools. Merchants' Capital - Current and delinquent taxes on merchants' capital. Penalties and Interest - Penalties and interest collected on all property Other Local Taxes - Includes the total for the taxes detailed in Exhibit B-2. - Includes revenues from animal licenses; Permits, Privilege Fees and Regulatory Licenses bicycle licenses; and building, electrical, and similar permits. Fines and Forfeitures - Includes revenue received by the local government from court fines and forfeitures and parking fines. Charges for Services Includes fees charged for various government operations. Examples – include charges for Sanitation and Removal - Waste Collection and Disposal Charges and charges for Parks and Recreation - Recreation fees. Charges for Services are structured so they can be reflected on Exhibits C-l through C-8 of this report on the same line as the expenditure activity which generated the revenue. For example, recreation fees are reported with expenditures for Parks and Recreation. Revenue from Use of Money and Property: Interest - Interest on investments received by general government. It does not include interest credited to capital projects, debt service, and enterprise funds, which is reported on Exhibits D, E, and F, respectively.
Use of Money and Property; and Miscellaneous. Per capita data and percentage of total local revenue is presented for each major source. Below are explanations for columns specific to Exhibit B. These notes are included in the Report in Note 2 - Definitions of Key Terms. General Property Taxes: Real Property - Includes revenue from current and delinquent real property and land redemptions. Public Service Corporations - Includes current and delinquent real and personal property taxes on public service corporations. Personal Property - Includes current and delinquent taxes on personal property and mobile homes. It does not include the Commonwealth’s reimbursement to local governments for personal property tax relief. The Commonwealth’s reimbursement is reported as Revenue, Non-categorical Aid on Exhibit B-1. Machinery and Tools - Current and delinquent taxes on machinery and tools. Merchants' Capital - Current and delinquent taxes on merchants' capital. Penalties and Interest - Penalties and interest collected on all property Other Local Taxes - Includes the total for the taxes detailed in Exhibit B-2. Permits, Privilege Fees and Regulatory Licenses - Includes revenues from animal licenses; bicycle licenses; and building, electrical, and similar permits. Fines and Forfeitures - Includes revenue received by the local government from court fines and forfeitures and parking fines. Charges for Services – Includes fees charged for various government operations. Examples include charges for Sanitation and Removal - Waste Collection and Disposal Charges and charges for Parks and Recreation - Recreation fees. Charges for Services are structured so they can be reflected on Exhibits C-l through C-8 of this report on the same line as the expenditure activity which generated the revenue. For example, recreation fees are reported with expenditures for Parks and Recreation. Revenue from Use of Money and Property: Interest - Interest on investments received by general government. It does not include interest credited to capital projects, debt service, and enterprise funds, which is reported on Exhibits D, E, and F, respectively.
Uniform%20Financial%20Reporting%20Manual.docx