Glossary of Terms Glossary of Terms Accruals These are similar to accounts payable in that they are expenses incurred during the current year for which payment has not been made and invoices have not yet been recovered. Activity Means a good or service provided by, or on behalf of, a local authority or a Council-controlled organisation eg: water supply, transport networks. Allotment Has the meaning given to it in S218(2) of the Resource Management Act 1991. Allotment Area Is the total land area of an allotment. Applicant Is the person/persons that apply for resource consent, building consent or service connection. Asset Management Plan Means Council documents outlining how each main asset class will be managed, upgraded and expanded as required. Asset Sales Refers to the sale of MDC assets eg: cars, property. Borrowings This is the amount of external loans. Capital Expenditure Means the cost of capital works for network infrastructure, reserves and community infrastructure. Catchment Means the area served by a particular infrastructure investment. Charge These are referred to in the Local Government (Rating) Act 2002 as targeted rates and are calculated as a fixed amount per rating unit. Commercial Means any activity involving commercial transactions, or providing commercial or administrative services, and includes, non-school activities, offices and banks; but excludes premises or activities involving industrial manufacture or production and retail trade. Community Facilities Means reserves, network infrastructure, or community infrastructure for which development contributions may be required in accordance with S199 of the Local Government Act 2002. Community Infrastructure Means the following assets when owned, operated or controlled by a territorial authority: (a) Community centres or halls for the use of a local community or neighbourhood and the land on which they are or will be situated; (b) Play equipment that is located on a neighbourhood reserve: (c) Toilets for use by the public. Community Outcomes Means the outcomes that a local authority aims to achieve in meeting the current and future needs of communities for good quality local infrastructure, local public services and performance of regulatory functions. CV Capital Value. Departmental Management Allocation of Departmental Manager costs to activities. Development Means: (a) Any subdivision, building (as defined in section 8 of the Building Act 2004), land use, or work that generates a demand for reserves, network infrastructure, or community infrastructure; but (b) Does not include the pipes or lines of a network utility operator. Development Contribution Means a contribution: (a) Provided for in a development contributions policy included in the Long Term Plan of a territorial authority; and 2018-2028 Long Term Plan Page 344