Page 75 - FY 2026-2027 Adopted Budget Book

Fund Balance

As an internal service fund, the fund balance numbers provided are based on the retained earnings of each
fiscal year. This fund is used for maintenance and capital replacement; therefore, expenditures vary annually
depending on capital needs. This can result in fluctuations of the fund balance.

In FY 2025-2026, the fund received a one-time transfer from the interest income in the American Rescue Plan
Act (ARPA) Fund. The ARPA Interest balance is shown here for tracking purposes only.

A portion of the fund balance has been committed to Library maintenance. Utilization of this committed
balance requires City Council approval.

$500K
$400K
Assigned balance for Property Loss Insurance
$300K
Committed Fund Balance - Library Maintenance
Assigned balance for ARPA Interest
Unrestricted Retained Earnings
$200K
$100K

$0
FY2024 FY2025 FY2026 FY2027
Data Updated: Sep 15, 2026, 3:21 PM View Report

Description FY2024 FY2025 FY2026 FY2027
Fund Balance Amount
Unrestricted Retained Earnings $0 $158,167 $177,181 $202,181
Assigned balance for Property Loss Insurance $0 $39,591 $39,591 $39,591
Committed Fund Balance - Library Maintenance $0 $61,462 $86,462 $111,462
Assigned balance for ARPA Interest $0 $0 $260,419 $153,174
FUND BALANCE AMOUNT $0 $259,220 $563,653 $506,408

FY 2026-2027 Adopted Budget Book · September 15, 2026 71