Why it Matters: Most units maintain a positive fund balance, and it is a sign of fiscal distress if the fund balance is negative. Units typically find it beneficial to keep the fund balance from declining too greatly as this inhibits their ability to cope with unexpected circumstances in either the revenue or expenditure stream. The actual variable constructed for this indicator is the general fund balance as a proportion of general fund revenue. If a unit maintains a general fund balance less than the threshold (trigger) of its general fund revenue, it scores a 1. Conversely a general fund balance above the threshold level scores a 0.

Data Source: The historical data presented has been loaded from information provided by the State Department of Treasury. Current and future year data has been entered by the municipality itself based on current budget and forecast information, or by Munetrix from available audited or budget information found in the public domain.