Town of Blacksburg Adopted Operating Budget FY 2027

GLOSSARY OF TERMS ( continued )

Transfer

A movement of money from one fund or department to another.

Unassigned Fund Balance

The portion of a fund’s balance that is a reserved for unanticipated emergencies and is targeted at no less than 10% of net operating expenditures with an objective of 15%. The payment of a fee for direct receipt of a public service by the party who benefits from the servic e.

User Charges

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