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The City of Galena General Fund has the following net resources at year - end: $ 1 , 6 3 9 , 0 0 0

The City of Galena General Fund has the following net resources at year-end:
$1,639,0000 total fund halance.
$251,000 unexpended proceeds of a state grant required by law to be used for healli education.
$21000 of prepaid insurance.
$5t0n00 rainy day fund approwed by the city council for use under specified circumstances.
$211.000 budget slabilization fund to be used in the event of a revenue shoilfall.
$286,000 provided lor contractual ofligations for capital projects.
$43,000 unexpended proverds of a tax required by taw to be used for emergency 971 services.
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