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Fund BalancesFund Balances <br />The City’s operating fund balances represent accumulated funds available to be spent in <br />the future.° Overall, projected FY 2025/26 operating fund balances total $167.2 million, and <br />for FY 2026/27, this total is expected to decrease to $162.8 million.° The General Fund’s fund <br />balance is projected to decrease by $2.2 million from FY 2024/25 to FY 2025/26 and by $2.0 <br />million from FY 2025/26 to FY 2026/27. <br />Fund balances in the Internal Service Funds are projected to decrease by $0.4 million from <br />FY 2024/25 to FY 2025/26 due to one-time replacement costs for vehicles and equipment <br />exceeding annual contribution totals. Fund balances in the Enterprise Funds are expected <br />to increase by $1.1 million from FY 2024/25 to FY 2025/26 due to increasing revenues in the <br />Water and Sewer Operating Funds. Fund balances in the Special Revenue Funds are <br />projected to increase by $1.7 million from FY 2024/25 to FY 2025/26 mostly due to projected <br />revenues in the Lower Income Housing Fund outgrowing expenditures. <br />Table 14: Fund Balances for Operating FundsTable 14: Fund Balances for Operating Funds <br />40 Page 321 of 682