The city council of Lake Jefferson passed a resolution to establish a small botanical garden in the city park. The council decided to put aside funds in the amount of $22,000 to build and establish the botanical garden. At the end of the fiscal year, $3,000 of the funds had been spent. How should the remainder of the funds be reported?

Committed fund balance.

Assigned fund balance.

Restricted fund balance.

Nonspendable fund balance