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<br /> <br />The HRA TIF Improvement Fund increased by $235,951, substantially due to a decrease in <br />revenues over expenses of $439,877 and an increase in transfers of $17,725. <br /> <br />The Street Improvement Project Funds increased by $282,885 due to other financing sources of <br />$2,240,342 exceeding revenues under expenditures of $1,957,457. <br /> <br />The Public Utilities Infrastructure Fund decreased by $717,979 substantially due to investment <br />losses of $20,716 and capital outlay of $699,070. <br /> <br />Non-major Special Revenue Funds increased by $582,868 resulting in an ending balance of <br />$582,868 substantially due revenue over expenditures of $70,877 and plus net transfers in of <br />$511,991. <br /> <br />Non-major Debt Service Funds had a total fund balance of $856,994, all of which is restricted for <br />the payment of debt service. The net decrease in fund balance during the current year in the non- <br />major debt service funds was $175,757, substantially due to the planned use of fund balance to <br />support the debt service associated with the Public Facilities Revenue Bonds. <br /> <br />Non-major Capital Project Funds had a total fund balance of $2,378,389, an increase of $596,577 <br />from prior year, substantially due to expenses over revenues of $625,650 and net transfers in of <br />$1,125,721. <br /> <br />Proprietary funds. The City’s proprietary funds provide the same type of information found in <br />the government-wide financial statements, but in more detail. <br /> <br />Total net position in the Liquor Operations, Water and Sewer Funds, and Stormwater Utility <br />Fund at the end of the year combined was $30,142,877. The total net position for each fund was: <br />Liquor – $2,785,237; Water and Sewer – $18,033,349; Stormwater Utility - $9,324,291. <br />25