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<br />As noted earlier, the City uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. <br />*RYHUQPHQWDOIXQGVJRYHUQPHQWDOIXQGV is to provide information on near-term inflows, outflows and <br />balances of VSHQGDEOH XQDVVLJQHG <br />IXQGEDODQFH <br /> <br /> <br />Fund Balance December 31,Increase <br /> Major Funds <br />20122011 (Decrease) <br />*HQHUDO$ 1,205,820$ 1,142,321$ 63,499 <br />The General fund balance has increased from 2011 and is strong <br /> moving into 2013. <br />'HEW6HUYLFH$ 1,866,410$ 1,282,492$ 583,918 <br />The Debt Service fund increased $583,918. The City manages cash flow in all <br />Debt Service funds and ensures adequate resources exist to fund future obligations. <br />3DUN$ (1,070,527)$ (1,071,023)$ 496 <br />The Park fund balance increased about $500 from the previous year. <br />tal funds reported combined ending fund balances of $2,206,916, an <br />increase of $734,756 in comparison with the prior year. Approximately 5.0 percent of this total amount or $110,782 constitutes <br />XQDVVLJQHGIXQGEDODQFH ($2,096,134) is not <br />available for spending because it is either: 1) nonspendable ($30,461), 2) restricted ($1,859,068), 3) committed ($18,755), 4) or <br />assigned ($187,850) for the purposes described in the fund balance section of each balance sheet. <br />3URSULHWDU\IXQGV-wide financial <br />statements, but in more detail. <br />Unrestricted net position of the enterprise funds at the end of the year amounted to $4,024,407. The total increase in net position for <br />the funds was $387,410. Other factors concerni <br />business-type activities. <br />-21- <br /> <br />