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Financial Results <br />•The fund balance available as of December 31, 2020 is sufficient to meet <br />the City’s policy for minimum unassigned fund balances as follows: <br />2021 expenditure budget $7,651,785 <br />Less: <br />Police services to other cities (747,071) <br />Financial services to MWMO (115,381) <br />Net 2020 budget 6,789,333 <br />Minimum balance (30-35%)30% <br />City minimum working capital fund balance $2,036,800 <br />Net unassigned amount available at 12/31/20 $3,238,208 <br />Actual percent of net budget 48% <br />Financial Results <br />Water and Sewer Enterprise Fund: <br />–Water operations for the past five years are as follows: <br />27