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GOVERNMENTAL FUND BALANCES
<br />The following table summarizes the changes in the fund balances of the City's governmental funds during
<br />the year ended December 31, 2014, presented both by fund balance classification and by fund:
<br />Governmental Fund Changes in Fund Balance
<br />Total — governmental funds
<br />$ 33,562,488 $ 37,285,485 $ (3,722,997)
<br />Total by fund
<br />Fund Balance
<br />as of December 31,
<br />Increase
<br />2014 2013
<br />(Decrease)
<br />Fund balances of governmental funds
<br />$ 6,771,394
<br />$ 211,175
<br />Total by classification
<br />Nonspendable
<br />$ 4,805 $ 51,151
<br />$ (46,346)
<br />Restricted
<br />15,295,400 19,148,705
<br />(3,853,305)
<br />Committed
<br />743,944 927,557
<br />(183,613)
<br />Assigned
<br />10,651,554 10,894,406
<br />(242,852)
<br />Unassigned
<br />6,866,785 6,263,666
<br />603,119
<br />Total — governmental funds
<br />$ 33,562,488 $ 37,285,485 $ (3,722,997)
<br />Total by fund
<br />Major funds
<br />General
<br />$ 6,982,569
<br />$ 6,771,394
<br />$ 211,175
<br />Special revenue funds
<br />Tax Increment
<br />2,895,711
<br />3,124,985
<br />(229,274)
<br />Housing and Redevelopment Authority
<br />8,111,761
<br />8,230,719
<br />(118,958)
<br />Debt Service Fund
<br />2012A G.O. Improvement Bond Refund
<br />720,349
<br />699,611
<br />20,738
<br />Capital Project Fund
<br />Public Improvement Revolving
<br />3,512,726
<br />2,915,471
<br />597,255
<br />Landfill
<br />1,915,813
<br />1,846,948
<br />68,865
<br />Equipment Revolving
<br />1,481,955
<br />2,019,286
<br />(537,331)
<br />Public Improvement Revolving The COR
<br />(46,835)
<br />(236,705)
<br />189,870
<br />Nonmajor funds
<br />7,988,439
<br />11,913,776
<br />(3,925,337)
<br />Total—governmental funds
<br />$ 33,562,488
<br />$ 37,285,485
<br />$ (3,722,997)
<br />As reflected in the table above, total governmental fund balance decreased by $3,722,997. The largest
<br />changes occurred with a decrease in restricted fund balance in nonmajor funds. The decrease was
<br />primarily due to the use of restricted for Debt Service Fund balance to refund $2,895,000 of Series 2005B
<br />bonds in the current year.
<br />0
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