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General Fund Balance
<br />2020 2019 2018 2017 2016
<br />Beginning Fund Balance 3,121,470.00$ 2,719,171.00$ 2,533,003.00$ 2,832,516.00$ 2,496,159.00$
<br />Revenues 4,193,327.00 4,273,666.00 3,893,006.00 3,745,330.00 3,982,590.00
<br />CARES Act 782,484.00
<br />Expenditures 4,039,383.00 3,871,367.00 3,706,838.00 4,044,843.00 *3,646,233.00
<br />Net Increase(Decrease)936,428.00 402,299.00 186,168.00 (299,513.00) 336,357.00
<br />Ending Fund Balance 4,057,898.00$ 3,121,470.00$ 2,719,171.00$ 2,533,003.00$ 2,832,516.00$
<br />*Includes transfer to General Capital Improvements Fund for $496,472
<br />Components of Fund Balance
<br />2020 2019 2018 2017 2016
<br /> Nonspendable Fund Balance
<br /> Prepaids 2,380.64$ 10,807.00$ 8,768.71$ 8,388.72$ 7,148.00$
<br /> IFL-105 EDA Fund 54,712.74 205,123.00 102,806.00 - -
<br /> IFL-460 TIF 5-1 St Judes - - - 372,569.00 362,810.00
<br /> IFL-362 Canabury Square - - - 52,424.00 170,862.00
<br /> IFL-463 17,728.00
<br /> IFL-470 TIF 6-1 Masterpiece Homes 499,306.04 556,055.00 615,218.40 665,040.71 679,383.00
<br /> Nonspendable Fund Balance 556,399.42 771,985.00 726,793.11 1,098,422.43 1,237,931.00
<br />Assigned Fund Balance
<br /> Building Permitting Efficiencies 38,500.00 78,870.00 - - -
<br /> Rental housing inspections 20,000.00
<br /> Planning code update 22,500.00
<br /> COVID-19 Budget Impacts 60,000.00 - - -
<br /> Sheriff's Reimbursement 90,983.00
<br /> COVID-19 Unknown Expenses 647,500.00
<br /> Assigned Fund Balance 819,483.00 138,870.00 - - -
<br /> Unassigned Fund Balance 2,682,015.58 2,210,615.00 1,992,377.89 1,434,580.57 1,594,585.00
<br /> Total Fund Balance 4,057,898.00$ 3,121,470.00$ 2,719,171.00$ 2,533,003.00$ 2,832,516.00$
<br />Subsequent Year's Budget 4,220,372.00$ 4,134,837.00$ 3,911,617.00$ 3,804,276.00$ 3,593,914.00$
<br />Unassigned FB as % of Next Year's Budget 63.55%53.46%50.93%37.71%44.37%
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