5 05 General Fund Balance (summary)

An important indicator of the financial health of governmental entity is the level of fund balance it maintains. The fund balance is similar in nature to the savings account that a household would maintain and only use to cover unplanned emergencies. For a governmental entity, the ability to maintain the fund balance in accordance with sound financial policy is critical to the continuation of the delivery of services to citizens during the inevitable ups and downs of the economy.

This data page provides data for the General Fund Unassigned Fund Balance performance measure.

The city’s ability to successfully manage the fund balance of the General Fund in accordance with Council-approved financial policy is a strong reflection of the city’s commitment to ensuring long-term financial sustainability. Adherence to the policy demonstrates the city’s willingness to make the necessary budgetary decisions to comply.

The performance measure dashboard is available at 5.05 General Fund Balance.

Additional Information

Source: Comprehensive Annual Financial Report
Contact: Jerry Hart
Contact E-Mail: Jerry_Hart@tempe.gov
Data Source Type: Tabular
Preparation Method: Manually retrieved
Publish Frequency: Annually
Publish Method: Manual
Data Dictionary