Model For Excellence in Government

General Fund Balance

Finance

Metric Definition

The General Fund (GF) Unassigned Fund Balance as a percent of the GF Operating Budget.

Target Definition

The “Target” GF >= 15%; “Close to Target” GF >= 10%; anything less “Needs Improvement”.

Organizational Effect

Reestablishing the GF balance has required increasing revenue (taxes and fees) and reducing operations and maintenance (O&M) and capital expenditures (e.g. equipment; building and facility maintenance). Once GF balance has been restored above Council set goals, expenditures may be increased to enhance the quality of life for our residents, visitors, and employees.

As of June 1, 2024, current data is not available.

Target Data

The City Council and staff define the targets in relation to national and state benchmarks.

Significance

GF balance above the established targets enable the City government to fund O&M and capital requirements when revenue is down and costs may be up due to national, state, and/or local state of emergency or other City specific situations.

Metric Definition

Target Definition

Organizational Effect

Target Data

Significance

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