Rule 110-3-1-.03 - Definitions(1)Local government means any county or municipality authorized under the Constitution and laws of this state.(2)Fiscal year means the reporting government's most recently completed fiscal year.(3)Prior fiscal year means the fiscal year immediately preceding the fiscal year being reported.(4)Revenues mean all funds from all sources that are income to a local government.(5)Expenditures mean all funds expended, from all sources, by a local government.(6)Bonded indebtedness means any long-term debt with an original term of more than one year. It includes revenue bonds, special assessment obligations, and general obligation debt issued in the name of particular agencies as well as general obligations of the local government.Ga. Comp. R. & Regs. R. 110-3-1-.03
O.C.G.A. Sec. 36-61-8.
Original Rule entitled "Definitions" adopted. F. Dec. 10, 1991; eff. Dec. 10, 1991.Amended: F. Jun. 4, 1993; eff. Jun. 24, 1993.