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Business-Type Activities. The City’s business-type activities include the Water Pollution Control Plant, Shoreline, Storm Water Utility and Environmental Services. Business-Type activities net position increased by $3.4 million from prior fiscal year due to the continuation of the Water Pollution Control Plant expansion project funded by a loan from the State Water Resource Control Board. The expansion project was completed in the April of 2016. The large increase in Other Business-Type activities revenues is due to a one-time $4.0 million settlement agreement payment received by the Water Pollution Control Plant. Expenses by Function - Business-Type Activities Revenues by Source – Business-Type Activities FINANCIAL ANALYSIS OF INDIVIDUAL FUNDS Governmental Funds. The focus of the City’s governmental funds is to provide information on near- term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the City’s financial requirements. In particular, unassigned fund balance may serve as a useful measure of a government’s net resources available for spending at the end of the fiscal year. However, it should be noted that most of the unassigned amounts are designated by the City Council for specific uses. At the end of fiscal year 2015-16, the City’s governmental funds reported combined ending fund balances of $70.7 million, an increase of $14.7 million in comparison with the prior year. Approximately 20.3% or $14.4 million of the fund balance represents Non-Spendable; 35.4% or $25.0 million represents Restricted; 4.4% or $3.1 million represents Assigned; and 39.8% or $28.1 million is Unassigned and is available for spending at the government’s discretion. General Fund The General Fund, by definition, is a major governmental fund and represents all funds not required to be accounted for in other funds. The General Fund accounted for 86.6% of the total governmental revenues and 83.1% of the total expenditures. A number of primary City services are accounted for in the General Fund, including General government, public safety, development services, library and community services, and maintenance services. At the end of fiscal year 2015-16, the unassigned fund balance of the General Fund was $29.4 million, while the total fund balance was $47.0 million. As a measure of the General Fund’s liquidity, it may be useful to compare the Unassigned Fund Balance to total of fund expenditures. The Unassigned Fund Balance represents 31.2% of total General Fund expenditures of $94.2 Shoreline10% Storm Water Utility7% Water Pollution Control Plant76% Environmental Services13%Charges for Services76% Others24% 13