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Fund Balance <br />The net effect of all of the above resulted in an excess for 1994 of $74,446, as stated earlier, <br />compared to an excess for 1993 of $68,185. This excess increases the total General Fund fund <br />balance to $1,875,420, although this amount will change based on the Excess Revenue Policy <br />adopted for fiscal 1993. This Policy and its effect on 1994 will be discussed in the next case. <br /> <br />As it relates to other funds, information will be updated and distributed once the final information <br />is compiled and the audit is complete. <br /> <br />Committee Action: <br /> <br />None required at this time - for discussion purposes only. <br /> <br />Reviewed by: <br />City Administrator <br />Finance Officer <br /> <br />Copies distributed to: <br />Police Chief <br />Fire Chief <br />City Engineer <br />Parks/Utilities Supervisor <br />Public Works Supervisor <br />Zoning Administrator <br />Economic Development Coordinator <br />Accounting Supervisor <br /> <br />FC: 3/28/95 <br /> <br /> <br />