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GOVERNMENTAL FUNDS OVERVIEW 1 J This section of the report provides you with an overview of the financial trends and activities of the City's governmental funds, which include the General, debt service, and capital project funds. These funds are used to account for the basic services the City provides to all of its citizens, which are financed primarily with property taxes. The governmental fund information in the City's financial statements focuses on budgetary compliance and the sufficiency of each governmental fund's current assets to finance its current liabilities. GOVERNMENTAL FUND BALANCES The following table summarizes the changes in the fund balances of the City's governmental funds during the year ended December 31, 2025, presented both by fund balance classification and by major fund: Governmental Funds Change in Fund Balance Fund balances of governmental funds Total by classification Nonspendable Restricted Assigned Unassigned Total governmental funds Fund Balance as of December 31, 2025 2024 Change $ 123,362 $ 119,939 $ 3,423 209,179 193,267 15,912 445,303 324,193 121,110 903,074 659,435 243,639 $ 1.680,918 $ 1.296,834 S 384.084 Total by fund General $ 904,378 $ 660,755 $ 243,623 G.O. Capital Improvement Plan Bonds Series 2015A 154,507 143,882 10,625 G.O. Capital Improvement Plan Bonds Series 2018A 119,868 114,829 5,039 Street Improvements Capital Project 445,303 324,193 121,110 Parks and Playground Capital Project 56,862 53,175 3.687 Total governmental funds $ 1,680,918 $ 1,296,834 $ 384,084 In total, the fund balances of the City's governmental funds increased by $384,084 during the year. The City's General Fund increased $243,623, which is further discussed later in this report. Assigned fund .� balance increased $121,110, primarily in the Street Improvements Capital Project Fund as revenues and transfers in are accumulating resources for future projects. _l 7 J J -5- J