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Financial Results <br />•An allocation of the $2,400,114 General Fund balance at December 31, <br />2017 is as follows: <br />Nonspendable - prepaid items/inventory $119,651 <br />Unassigned 2,280,463 <br />Total fund balance $2,400,114 <br />Financial Results <br />•The fund balance available at December 31, 2017 is sufficient to meet the <br />City’s policy for minimum unassigned fund balances as follows: <br />2018 budget $6,835,142 <br />Less: <br />Police services to other cities (692,768) <br />Net 2018 budget 6,142,374 <br />Minimum balance (30-35%)30% <br />City minimum working capital fund balance $1,842,712 <br />Net unassigned amount available at 12/31/17 $2,280,463 <br />Actual percent of net budget 37.13% <br />24