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General Fund The General Fund is the District's primary operating fund. It showed an increase of $3.7 million in fund balance for the fiscal year ended June 30, 2018, consisting of $4.3 million of revenues exceeding expenses, offset by transfers to other funds of $0.7 million. There is also a pension related prior period adjustment of $0.4 million. At June 30, 2018, the unrestricted fund balance (which includes the committed, assigned and unassigned components of fund balance) was $18.4 million that is available for ongoing operations, or 96 percent of total general fund expenditures, excluding transfers. When adjusted for the committed and assigned components of fund balance, the figure available for ongoing operations is reduced to $3.9 million or 20.3 percent. Special Assessment District Special Revenue Fund The Special Assessment District Fund accounts for a district -wide assessment for park maintenance and capital projects. The fund balance decreased $4.1 million, to $1.7 million at June 30, 2018, as a result of capital project activity including development of Sapwi and Banyan Parks and upgrades at Thousand Oaks Community Park, Springmeadow Park, and Fiore Playfields. Dos Vientos Assessment District Special Revenue Fund The Dos Vientos Assessment District Fund accounts for an assessment for park maintenance and capital projects in the Dos Vientos area of the District. Fund balance decreased by $0.6 million, a result of a playground upgrade, storage building, entry improvements, and shade structures for a total fund balance of $0.3 million at June 30, 2018. Rancho Conejo Assessment District Special Revenue Fund The Rancho Conejo Assessment District Fund accounts for an assessment for park maintenance and capital projects in the Rancho Conejo area of the District. Fund balance stayed essentially the same, leaving a balance of $0.02 million at June 30, 2018. Capital Projects Fund The Capital Projects Fund provides resources for construction of capital projects. Major projects include design of Conejo Creek Southwest and a transfer to the Sapwi Trails Park. Fund balance increased $0.1 million, for a total of $4.3 million at June 30, 2018. BUDGETARY HIGHLIGHTS General Fund The General bund budget to actual report can be found on page 58 of this report. Increases between the original and final budget were $0.3 million due to Board approved budget adjustments. Total actual revenues exceeded budget by $1.9 million. Property tax revenues, recreation fees, and interest exceeded budget by $1.0, $0.3 million and $0.5 million, respectively. Actual Page 19