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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, 2016, presented both by fund balance classification and by fund: <br />Governmental Fund Changes in Fund Balance <br />Fund balances of governmental funds <br />Total by classification <br />Nonspendable <br />Restricted <br />Committed <br />Assigned <br />Unassigned <br />Total — governmental funds <br />Total by fund <br />Major funds <br />General <br />Special revenue funds <br />Tax Increment <br />COR Land <br />Debt Service Fund <br />2012A G.O. Improvement Bond Refund <br />Capital Project Fund <br />Public Improvement Revolving <br />Landfill <br />Equipment Revolving <br />Road Reconstruction and Overlay <br />Public Facilities Construction <br />Fire Station #2 <br />Nonmajor funds <br />Total — governmental funds <br />Fund Balance <br />as of December 31, <br />2016 2015 <br />$ 15,881 <br />18,377,993 <br />1,041,932 <br />13,331,150 <br />7,414,303 <br />$ 40,181,259 <br />$ 7,517,393 <br />4,997,213 <br />8,537,701 <br />729,521 <br />4,231,713 <br />2,061,539 <br />1,945,183 <br />648,566 <br />986,170 <br />200,355 <br />8,325,905 <br />$ 40,181,259 <br />Increase <br />(Decrease) <br />$ 1,613 $ 14,268 <br />18,484,179 (106,186) <br />890,603 151,329 <br />12,645,683 685,467 <br />6,715,297 699,006 <br />$ 38,737,375 $ 1,443,884 <br />$ 7,273,045 $ 244,348 <br />4,823,393 173,820 <br />8,767,239 (229,538) <br />725,429 4,092 <br />4,013,134 218,579 <br />2,041,869 19,670 <br />1,935,371 9,812 <br />300,021 348,545 <br />948,998 37,172 <br />575,084 (374,729) <br />7,333,792 992,113 <br />$ 38,737,375 $ 1,443,884 <br />As reflected in the table above, total governmental fund balance increased by $1,443,884. The increase is <br />due in part to continued development in the City and favorable operating results in the current year. <br />-7- <br />