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Financial Results <br />28 <br />An allocation of the $2,319,667 General Fund balance at December 31, <br />2016 is as follows: <br />Nonspendable - prepaid items/inventory $115,482 <br />Unassigned 2,204,185 <br />Total fund balance $2,319,667 <br />REdIDATH <br />Financial Results <br />The fund balance available at December 31, 2016 is sufficient to meet the <br />City's policy for minimum unassigned fund balances as follows: <br />2017 budget <br />$7,091,990 <br />Less: <br />Police services to other cities <br />(1,345,180) <br />Net 2017 budget <br />5,746,810 <br />Minimum balance (30.35%) <br />30% <br />City minimum working capital fund balance <br />$1,724,043 <br />Net unassigned amount available at 12/31/16 <br />$2,204,185 <br />Actual percent of net budget <br />38.351Y. <br />