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<br />-7- <br />GOVERNMENTAL FUND BALANCES <br /> <br />The following table summarizes the changes in the fund balances of the City’s governmental funds during <br />the year ended December 31, 2020, presented both by fund balance classification and by major fund: <br /> <br />2020 2019 Change <br />Fund balances of governmental funds <br />Total by classification <br />Nonspendable 1,137$ 1,050$ 87$ <br />Restricted 256,476 229,444 27,032 <br />Assigned 452,003 242,288 209,715 <br />Unassigned 262,050 259,989 2,061 <br />Total governmental funds 971,666$ 732,771$ 238,895$ <br />Total by fund <br />General 263,187$ 495,267$ (232,080)$ <br />G.O. Capital Improvement Plan Bonds Series 2007A 129,143 124,902 4,241 <br />G.O. Capital Improvement Plan Bonds Series 2018A 82,639 59,225 23,414 <br />Hoffman Road – (232,018) 232,018 <br />Schueneman Road – (2,210) 2,210 <br />Street Improvements 452,003 242,288 209,715 <br />Parks and Playground 44,694 45,317 (623) <br />Total governmental funds 971,666$ 732,771$ 238,895$ <br /> <br />as of December 31, <br />Governmental Funds Change in Fund Balance <br />Fund Balance <br /> <br /> <br />In total, the fund balances of the City’s governmental funds increased by $238,895 during the year ended <br />December 31, 2020. Assigned fund balance increased $209,715, primarily in street improvements. The <br />decline in the General Fund balance is mostly due to fund balance transfer s to finance the activity in the <br />Hoffman Road Fund and future street improvements.