Resolutions-2018-005

Cell: B36 Comment: Report amounts legally required to be maintained intact such as permanent funds and amounts not in a spendable form such as inventories and prepaids. Cell: B37 Comment: Report balances which are restricted by law, grantors or enabling legislation. Examples include road use tax, special levies (insurance, employee benefits, debt service, etc.), local option sales tax, TIF, unspent debt proceeds. Cell: B38 Comment: Amounts that can only be used for specific purposes established by formal action of the City Council taken prior to the end of the fiscal year (the amount may be determined in the subsequent period). Examples: Through formal action the Council commits a portion of the General Fund for a future project, the amount would be reported as committed in the General Fund. Likewise, if the City transferred the committed funds to the Capital Project Fund, the amount would be reported as committed in the Capital Project Fund. Cell: B39 Comment: Amounts which are constrained by the City's intent to be used for specific purposes which are neither restricted or committed. Intent should be expressed by the City Council or an individual or committee the City Council has delegated the authority to. Assigned funds should NOT be reported if they result in a deficit in the unassigned balance. Cell: B40 Comment: Remaining or residual classification for the General Fund. Deficit balances in funds other than the General Fund should be reported as unassigned.