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6.3. SR 06-15-2020
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6.3. SR 06-15-2020
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6/12/2020 9:01:04 AM
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6/15/2020
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©2019 CliftonLarsonAllen LLPCreate Opportunities <br />•Fund Balance <br />Policy: <br />–Unassigned of <br />40%-46% of <br />next year’s <br />budget <br />–2019 total <br />fund balance <br />is 46% of next <br />year’s <br />budgeted <br />expenditures <br />to allow for <br />assignments <br />General Fund Financial Results –Fund Balance <br />9 <br />47%47% <br />48% <br />47% <br />46% <br />40% <br />45% <br />50% <br /> $(1,500,000) <br /> $500,000 <br /> $2,500,000 <br /> $4,500,000 <br /> $6,500,000 <br /> $8,500,000 <br /> $10,500,000 <br /> $12,500,000 <br /> $14,500,000 <br /> $16,500,000 <br />2015 2016 2017 2018 2019 <br />General Fund Financial Position <br />Year Ended December 31, <br />Unassigned Fund Balance Revenue Expenditures % of Total Fund Balance
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