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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, 2019, 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 />Private Developer
<br />Debt Service Fund
<br />2011 A Armstrong/Bunker Bond
<br />Capital Project Fund
<br />Public Improvement Revolving
<br />Road Reconstruction and Overlay
<br />Public Facilities Construction
<br />Nonmajor funds
<br />Total governmental funds
<br />Fund Balance
<br />as of December 31,
<br />2019 2018
<br />$ 25,441
<br />19,957,595
<br />1,184,262
<br />15,297,043
<br />8,856,806
<br />$ 22,540
<br />19,369,642
<br />1,631,444
<br />14,094,178
<br />8,468,792
<br />$ 45,321,147 $ 43,586,596
<br />$ 8,880,446 $ 8,490,127
<br />4,849,174
<br />8,629,937
<br />1,355,204
<br />4,326,318
<br />814,565
<br />1,283,294
<br />15,182,209
<br />4,841,978
<br />8,629,937
<br />971,719
<br />4,399,893
<br />911,902
<br />1,095,055
<br />14,245,985
<br />$ 45,321,147 $ 43,586,596
<br />Change
<br />$ 2,901
<br />587,953
<br />(447,182)
<br />1,202,865
<br />388,014
<br />$ 1,734,551
<br />$ 390,319
<br />7,196
<br />383,485
<br />(73,575)
<br />(97,337)
<br />188,239
<br />936,224
<br />$ 1,734,551
<br />As reflected in the table above, total governmental fund balance increased by $1,734,551. 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. The change was spread across several funds, including the nonmajor capital project
<br />funds, primarily for park improvements.
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