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The General Fund is the chief operating fund of the City of St. Anthony, Minnesota. At the end of the current fiscal year, unassigned fund balance of the General Fund was $2,074,490, while total fund balance reached $2,148,539. As a measure of the General Fund's liquidity, it may be useful to compare both unassigned fund balance and total fund balance to total fund expenditures. Unassigned fund balance represents 34% of total General Fund expenditures and total fund balance represents 35.2% of that same amount. During the current fiscal year, the fund balance in the General Fund increased by $173,202. The Street Improvement Debt Service Fund decreased by $1,734,319 as debt was refinanced in 2012 and proceeds were used for retirement of debt in early 2013. The HRA Debt Service Fund decreased by $30,564 as annual revenue collected and transfers in was less than annual debt service requirements. The Street Improvement Projects Fund decreased by $104,339 substantially due to the closing transfer of certain improvement funds to their related debt service fund. The HRA Projects Funds increased by $29,515 substantially due to the payments for pay as you go notes loans being accrued in the current periods to match revenue. The 2012 Street Improvement Project fund decreased by $38,387 due to final construction costs paid. The 2013 Street Improvement Project fund increased by $481,996 due to bond proceeds received less current construction expenditures. The 2014 Street Improvement Project fund decreased by $138,667 due to preliminary engineering costs prior to construction, 2014 bonding proceeds will be used to repay these preliminary expenditures. Non -major Special Revenue Funds decreased by $80,369 to a balance of ($97,479) substantially due to a $145,000 transfer of Community Center funds to the building improvement fund, offset by HRA and Recycling fund balances increasing. Non -major Debt Service Funds had a total fund balance of $1,981,209, all of which is restricted for the payment of debt service. The net increase in fund balance during the current year in the non -major debt service funds was $308,074, of which $114,063 represents the addition of the 2013 Street Improvement Bond Fund. Non -major Capital Project Funds had a total fund balance of $1,229,980, an increase of $232,534, which included the transfer from the non -major special revenue funds discussed above. Proprietaryfunds. The City of St. Anthony, Minnesota's proprietary funds provide the same type of information found in the government -wide financial statements, but in more detail. 22