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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, 2015,presented both by fund balance classification and by fund:
<br /> Governmental Fund Changes in Fund Balance
<br /> Fund Balance
<br /> as of December 31, Increase
<br /> 2015 2014 (Decrease)
<br /> Fund balances of governmental funds
<br /> Total by classification
<br /> Nonspendable $ 1,613 $ 4,805 $ (3,192)
<br /> Restricted 18,484,179 15,295,400 3,188,779
<br /> Committed 890,603 743,944 146,659
<br /> Assigned 12,645,683 10,651,554 1,994,129
<br /> Unassigned 6,715,297 6,866,785 (151,488)
<br /> Total—governmental funds $ 38,737,375 $ 33,562,488 $ 5,174,887
<br /> Total by fund
<br /> Major funds
<br /> General $ 7,273,045 $ 6,982,569 $ 290,476
<br /> Special revenue funds
<br /> Tax Increment 4,823,393 2,895,711 1,927,682
<br /> COR Land 8,767,239 8,111,761 655,478
<br /> Debt Service Fund
<br /> 2012A G.O.Improvement Bond Refund 725,429 720,349 5,080
<br /> 2012B Residence at the COR Bond — 502,638 (502,638)
<br /> Capital Project Fund
<br /> Public Improvement Revolving 4,013,134 3,512,726 500,408
<br /> Landfill 2,041,869 1,915,813 126,056
<br /> Equipment Revolving 1,935,371 1,481,955 453,416
<br /> Public Improvement Revolving The COR (23,647) (46,835) 23,188
<br /> Fire Station#2 575,084 — 575,084
<br /> Nonmajor funds 8,606,458 7,485,801 1,120,657
<br /> Total—governmental funds $ 38,737,375 $ 33,562,488 $ 5,174,887
<br /> As reflected in the table above, total governmental fund balance increased by $5,174,887. Developer
<br /> reimbursements related to The COR (Center of Ramsey) Development Project and gains on sales of land
<br /> held for resale contributed to the increase presented in the table above.
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