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What has been the trend in the citys fund balances during the last five fiscal years? What proportion is typically unreserved? CITY OF CHARLESTON, WEST

What has been the trend in the citys fund balances during the last five fiscal years? What proportion is typically unreserved?

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CITY OF CHARLESTON, WEST VIRGINIA General fund Nonspendable: Prepaids Restricted for: Debt service Capital projects Committed for: Public gafety OPEB Civic Center \& Pensions Community development Asgigned for: General govemment Public gafety Community development Culture \& recreation Social services Capital outlay Unasgigned Total General Fund All other govemmental funds Nonspendable: Perpetual care Reatricted for: General govemment Debt service Community development Perpetual care Public safery Culture \& Recreation Social services Capital projects Committed for: General govemment Public safety Community development Streets \& transportation Health \& Sanitation Culture \& Recreation Debt gervice Capital projects Unasgigned Total all other govemmental funds The fund balances were restated to the various classifications based upon the information available which has resulted in some variances in the classifications over the years. The fund balance from fiscal year 2020 match the fiscal year 2020 CAFR, howerer there was restatement in FY 2021 related to the implementation of GASB 84

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