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5. Unassigned <br />• Unassigned fund balance represents the residual classification for the General <br />fund. This includes amounts that have not been assigned to other funds and <br />that have not been restricted, committed, or assigned to specific purposes <br />within the General fund. The General fund should be the only fund that <br />reports a positive unassigned fund balance amount. <br />i. The City will maintain —target an unassigned fund balance in the <br />General fund of 40% to 50% of the next year's budgeted expenditures <br />.an d......,a i „c..J, atcd transfers out of the General fund. This will assist in <br />maintaining an adequate level of fund balance to provide for cash now <br />requirements and contingency needs because major revenues, <br />including property taxes and other government aids are received in the <br />second half of the City's fiscal year and are sub , <br />daresub, ect t��e b� tie <br />eta e !eg�slature....duri .g the r. Funds..... in excess off; the target tgyg <br />�.a: be used for are �e� a� . ur. osc detern� reed b the Cit.y Council <br />induclig..one time ca,;pitaI e ; . erid tares and transfer to other funds.. <br />