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Business-Type Activities – The City’s business-type activities include the Water Pollution Control Plant, <br />Shoreline, Storm Water and Environmental Services. Business-Type activities net position increased by <br />$5.9 million from prior Fiscal Year mainly due to the increase in the net position of the Water Pollution <br />Control Plant Fund by $3.4 million before transfers. The Water Pollution Control Plant Fund’s net position <br />increased from $50.6 to $54.9 million. <br /> Expenses by Function – Business-Type Activities Revenues by Source – Business-Type Activities <br />FINANCIAL ANALYSIS OF INDIVIDUAL FUNDS <br />Governmental Funds <br />The focus of the City’s governmental funds is to provide information on near-term inflows, outflows, and <br />balances of spendable resources. Such information is useful in assessing the City’s financial <br />requirements. In particular, unassigned fund balance may serve as a useful measure of a government’s <br />net resources available for spending at the end of the fiscal year. However, it should be noted that most <br />of the unassigned amounts are designated by the City Council for specific uses. <br />At the end of 2018-19, the City’s governmental funds reported combined ending fund balances of $123.1 <br />million, an increase of $28.8 million in comparison with the prior year. Approximately 8.9% or $10.9 <br />million of the fund balance represents Nonspendable; 51.8% or $63.7 million represents Restricted; 5.1% <br />or $6.3 million represents Assigned; and 34.2% or $42.1 million is Unassigned and is available for <br />spending at the City Council’s discretion. <br />General Fund <br />The General Fund is a major governmental fund and represents all funds not required to be accounted for <br />in another fund. The General Fund accounted for 87.9% of the total governmental revenues and 82.4% <br />of the total expenditures. A number of primary City services are accounted for in the General Fund <br />including general government, public safety, development services, library and community services, and <br />maintenance services. At the end of 2018-19, the unassigned fund balance of the General Fund was $42.7 <br />million, while the total fund balance was $60.0 million. As a measure of the General Fund’s liquidity, it <br />may be useful to compare the Unassigned Fund Balance to total of fund expenditures. <br />12159