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City of Elk River <br /> May 17,2013 <br /> Page 4 <br /> I <br /> A table summarizing the General fund balance in relation to the following years'budget follows: <br /> Percent of Percent of <br /> Total Unassigned General Total Unassigned <br /> Fund Balance Fund Balance Budget Fund Fund Balance Fund Balance <br /> Year December 31 December 31 Year Budget to Budget to Budget <br /> 2010 $ 6,006,465 $ 5,187,520 2011 $ 12,590,050 47.7 % 412 % <br /> 2011 6,297,612 5,261,391 2012 12,546,850 50.2 41.9 <br /> 2012 6,205,314 5,776,627 2013 12,836,950 48.3 45.0 <br /> Fund Balance as a Percent of Next Year's Budget <br /> $14,000,000 $12,590,050 $12,546,850 $12,836,950 <br /> $12,000,000 <br /> $10,000,000 <br /> $8,000,000 <br /> 0.2% 0.1% <br /> $6,000,000 0.7% 1.2% 1.6% <br /> 5.8% 6.9% 1.6% <br /> 41.2% 41.9% 45.0% <br /> $4,000,000 <br /> $2,000,000 <br /> $- <br /> 2010 2011 2012 2013 <br /> Unassigned Fund Balance �Assigned Fund Balance Committed Fund Balance <br /> �Nonspendable Fund Balance —0—Budget <br /> The 2012 and prior budgets are the final amended budgets. The 2013 budget is the adopted original budget. <br /> 952.835.9090 • Fax 952.835.3261 <br /> www.aemcpas.com <br />