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FINANCIAL TRENDS AND CONDITIONS OF YOUR CITY <br /> <br />GENERAL FUND <br /> <br />The City's General Fund accounts for the financial activity of the basic services provided to the community. <br />The primary services included within this fund are the administration of the municipal operation, police and <br />fire protection, building inspection, streets and highway maintenance, parks, and recreation. <br /> <br />The following graph illustrates Ramsey's General Fund financial position over the past ten years. Fund <br />balance and cash balance are typically used as indicators of financial health or equity, while annual revenue <br />is often used to measure the size of the operation. <br /> <br />General Fund Financial Position <br /> <br />1000 - <br /> <br />i 1988 1989 1990 1991 <br /> <br />I [] <br /> <br />Years Ended December 31 <br /> <br /> Revenue <br />· Fund balance <br /> Cash balance <br /> <br />The graph above illustrates the increase in revenue in recent years which reflects the population growth of <br />the City and the needed funding to provide basic services to its residents. Although fund balance has become <br />less of a percentage of revenue over recent years, the fund balance is at a healthy and very consistent level. <br /> <br />Fluctuations in cash balances are primarily due to changes in interfimd borrowings from year to year. <br />Excluding these borrowings, cash balances would be very similar to fund balance levels. <br /> <br />-6- <br /> <br /> <br />