1 minute read

TOTAL FUND BUDGET AND HISTORICAL SUMMARIES (cont)

Fund Balance And Fund Cash Projections

Click on the fund name in the table below to go directly to the detail for this fund including sources of revenue and types of expenditures.

Fund Balances

This chart is included to show the fund balances for each of the Town’s funds. A fund balance reflects the net financial resources of a fund; in other words, assets minus liabilities. In simpler terms, this is equivalent to dollars available to spend. If some of the funds’ resources are not available to spend, those resources would be indicated by “restricting” or “reserving” a portion of the fund balance.

This article is from: