Page 29 - Town of Bedford FY 2018-2019 Budget.pdf

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Recovered Costs
¾ Recoveries & Rebates – Reimbursement to the General Fund on items such as insurance claim
recoveries and other various expenditure refunds.
¾ Recovered Costs – Fire Department – Reimbursement for Fire Department recoveries and
expenditure refunds.
¾ Recovered Costs – Police Department – Reimbursement for Police Department recoveries and
expenditure refunds.

State Non-Categorical
¾ Rolling Stock Tax – An annual ad valorem tax levied on the rolling stock of railroads and freight
car companies.
¾ Commonwealth –Current Personal Property Taxes – A tax relief program passed down from the
State of Virginia that provides reimbursement for relieving taxes on the first $20,000 of value for
qualifying vehicles to localities.
¾ Auto Rental Tax – A tax levied on the rental of motor vehicles, whether from a rental business or
from an automobile dealership or other establishment, for a period of less than 12 months.
¾ Communication Tax – A tax levied on communication services such as voice, data, audio, video,
or any other information or signals, transmitted by any medium.
¾ State Aid – Law Enforcement - The Code of Virginia (§9.1-165, et seq.) provides for financial
assistance to localities with police departments through the "599" program. The Department of
Criminal Justice Services (DCJS) administers the program. To be eligible for "599" funds, a
locality must have a police department as defined in §9.1-165, and all of the department's law
enforcement personnel must meet the state's minimum training requirements.
¾ State Aid – Fire Training – Funding allocated to the Town by the State of Virginia to pay for
training, construction of training centers, firefighting equipment and protective clothing.
Allocations are population-based.

State Categorical Aid
¾ Street & Highway Maintenance – Monetary support provided to localities from the Virginia
Department of Transportation for capital improvements and/or maintenance of roads and/or
transportation facilities. Direct financial assistance is provided to maintain, operate, and
improve arterial and collector roads and local streets. The level of assistance for maintenance
expenditures is based on the number of qualifying lane-miles in the locality and available
funding.
¾ VDOT Revenue Sharing Grant – Virginia Department of Transportation funding for eligible
projects including construction, reconstruction, improvement, or maintenance and eligible
street additions for which Revenue Sharing Program funds are available. Grant provides funds
on eligible items of work on a dollar-for-dollar basis to match the locality’s contribution.

Non-Revenue Receipts
¾ Proceeds – Sale of Assets – Receipts from the sale of aged or out-of-service fixed assets.

Transfer from Electric Fund
¾ Transfer from the Electric Fund to the General Fund for joint costs and operations.

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