The City of Oxbow General Fund has the following net resources at year-end: $255,000 unexpended proceeds of a state grant required by law to be used for health education. $16,000 of prepaid insurance. $605,000 rainy day fund approved by city council for use under specified circumstances. $206,000 budget stabilization fund to be used in the event of revenue shortfall. $281,000 provided for contractual obligations for capital projects. $33,000 unexpended proceeds of a tax required by law to be used for emergency 911 services. $1,629,000 total fund balance.

CITY OF OXBOW
Partial Balance Sheet General Fund
As of December 31, 2017
Fund Balances
Nonspendable
Restricted
Committed
Assigned
Unassigned
Total Fund Balance