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Tax Increment Fund — This Special Revenue Fund had a year-end fund balance of $4,997,213 which reflects a $173,820 increase from 2015. The increase was due to additional property tax increments received for the current year. COR Land Fund — This Special Revenue Fund had a year-end fund balance of $8.537,701. The decrease of $229,538 is attributed to a transfer of funds for costs associated with marketing and developing The COR. Expenses related to The COR, and eligible tax increment financing activities, are now reported under the City's Tax Increment Fund. 2012A G.O. Improvement Bond Refund Fund — This Debt Service Fund had a year-end fund balance of $729,521 with current year tax levies and investment earnings exceeding debt service expenditures. Public Improvement Revolving Fund — This Capital Project Fund saw an overall increase in fund balance of $218,579 which was attributed to the excess revenue transfer per the City's fund balance policy. Landfill Fund — This Capital Project Fund showed an overall increase in fund balance of $19,670, which is attributable to annual interest earnings. This fund was originally established to account for certain landfill - related revenue and the expenditures the City may incur in relation to the landfill. The landfill is now closed and per state statute, funds may be used for expenditures related to improvements that provide a benefit to the entire city. Equipment Revolving Fund — This Capital Project Fund reported a year-end fund balance of $1,945,183 which represented a $9,812 increase in fund balance from 2015. Road Reconstruction/Overlay Fund — This capital project fund increased overall fund balance $348,545. The increase is attributable to funds received from bond proceeds and other sources to be used for the reconstruction and overlay projects as outlined in the City's Long -Term Street Maintenance Plan. Public Facilities Construction Fund — This Capital Project Fund had a year-end fund balance of $986,170, or an increase of $37,172 which was mostly attributed to the excess revenue transfer per the City's fund balance policy. Fire Station #2 Fund — This Capital Project Fund was created to fund the construction of the City's second fire station which was completed in 2016. The fund balance at year end 2016 was $200,355. Proprietary Funds — The City's Proprietary Funds provide the same type of information found in the government -wide financial statements, but in more detail. The City's Enterprise Funds had a combined net position balance of $87,913,135 at December 31, 2016. The City's Internal Service Fund had an ending net position of $494,463. The financial activities of these funds have been summarized in previous charts within this discussion. The Enterprise Funds consist of the Water Utility Fund, Sewer Utility Fund, Street Light Utility Fund, Recycling Utility Fund, and Storm Water Utility Fund. The growth in net position reflects the ongoing expansion and provision of services to the various service areas of the utilities. 34