Budget Manual 2020

Budget Manual

G. Detail Revenue Codes Title and Definition of Detail Revenue Codes

Object Code

Description

Definition

Ad Valorem Taxes 7000

Ad Valorem Taxes – Current Year

Current year payment of ad-valorem taxes.

7001

Ad Valorem Taxes - Prior Years

Property taxes collected from prior fiscal year levies.

7002

Ad Valorem Taxes - Previously Written off

Property taxes collected from levies outstanding beyond 10 years.

7006

Ad Valorem Taxes - Listing Penalty

Fines for failure to report all taxable property within the listing period.

7008

Ad Valorem Taxes - Interest

Interest charges on delinquent property tax.

7009

Ad Valorem Taxes – Penalties

Fines for failure to pay property taxes within the annual billing period.

7010

RMV Taxes - Current Year

Personal property taxes collected on registered motor vehicles.

Sales Tax 7021

Local Option Sales Tax 1% ART 39

Sales tax proceeds based on point of sale.

7022

Local Option Sales Tax ½%-ART 40

Sales tax proceeds based on statewide per capita. Sales tax proceeds based on statewide per capita. Sales tax proceeds based on statewide per capita. State reimbursement to local governments for repeal of the Local Option Sales Tax of ½%-Art.44

7023

Local Option Sales Tax ½%-ART 42

7024

Local Option Sales Tax ½%-ART 44

7025

City Hold Harmless Sales Tax ART 44

Detail Revenue Codes G-1