Page 14 - PAFR 2023

2023 City Budget

The City of Post Falls adopts an annual appropriated budget for its general fund. The City of Post
Falls, like all other governmental entities in Idaho, uses fund accounting to ensure and
demonstrate compliance with finance related legal requirements. The general fund is the chief
operating fund of the City of Post Falls.
At the end of the current fiscal year, the City of Post Falls’ reported a combined ending fund
balance of $58,145,587, an increase of $3,856,671 in comparison with the prior year. The
current fund balance contains $347,267 of non-spendable, $3,437,496 of committed dollars,
$20,422,105 of assigned dollars and the balance of $33,938,719 is unassigned, which is available
for spending at the government’s discretion.
The general fund is the chief operating fund of the City of Post Falls. At the end of the current
fiscal year, unassigned fund balance of the general fund was $6,763,070 with a total fund
balance of $30,969,938. As a measure of the general fund’s liquidity, it may be useful to
compare both unassigned fund balance and total fund balance to total fund expenditures.
Unassigned fund balance represents 20.1 percent of total general fund expenditures, while total
fund balance represents 91.9 percent of that same amount.

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