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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, 2017, 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 />2011A Armstrong/Bunker Bond <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 />2017 2016 (as Restated) <br />Increase <br />(Decrease) <br />$ 13,313 $ 15,881 $ (2,568) <br />18,187,321 18,377,993 (190,672) <br />1,226,234 1,041,932 184,302 <br />13,394,815 13,331,150 63,665 <br />7,900,225 7,414,303 485,922 <br />$ 40,721,908 $ 40,181,259 $ 540,649 <br />$ 7,912,618 $ 7,517,393 <br />4,633,143 <br />8,629,937 <br />4,497,213 <br />8,537,701 <br />734,418 729,521 <br />997,504 394,666 <br />4,687,410 <br />2,090,582 <br />1,673,000 <br />714,656 <br />964,900 <br />74,822 <br />7,608,918 <br />4,731,713 <br />2,061,539 <br />1,945,183 <br />648,566 <br />986,170 <br />200,355 <br />7,931,239 <br />$ 40,721,908 $ 40,181,259 <br />$ 395,225 <br />135,930 <br />92,236 <br />4,897 <br />602,838 <br />(44,303) <br />29,043 <br />(272,183) <br />66,090 <br />(21,270) <br />(125,533) <br />(322,321) <br />$ 540,649 <br />As reflected in the table above, total governmental fund balance increased by $540,649. The increase is <br />due in part to continued development in the City and favorable operating results of the General Fund in <br />the current year. <br />-7- <br />