Fund Balance / Net Position · Fund Balance / Net Position
2920 Fund Balance – Assigned/Committed
Since 2026.03
- What it is
- Committed/assigned fund balance represents resources set aside for specific purposes by the governing body (committed) or management intent (assigned).
- Accounting standard
- Committed fund balance requires formal action of the governing body; assigned represents intent to use resources for a specific purpose. These are distinct from external restrictions.
- Accounting note
- Document commitments via council action and assignments via policy/administrative authority. Review annually for relevance and reclassification.
- Reporting note
- Use to reflect internal designations and policy-based reserves (e.g., equipment replacement, economic uncertainty).
- Examples
- Committed capital replacement reserve; assigned carryover projects; stabilization reserve (if committed).
- Do not use for
- Externally restricted amounts (2910); unassigned residual (2900).
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | Form 37 R36 AssignedGEN_ASSIGNED Column for the fund's type (general, special revenue, capital projects, debt service, permanent). Combined assigned/committed reports as assigned; use 2940 for committed. |
| Government-wide ledger (980) | Not reported. Net position of governmental activities is not reported on form 40. |
| Enterprise funds (water example) | Form 38 R69 UnrestrictedENT_UNRETRICTED Enterprise or internal service column. |
| Enterprise form net positionForm 12 R81 UnrestrictedUNRESTRICTED_NET_POSIT | |
| Internal service funds | Form 38 R69 UnrestrictedINT_SERV_UNRETRICTED Enterprise or internal service column. |
| Enterprise form net positionForm 03 R35 UnrestrictedUNRESTRICTED_NET_POSIT | |
| Fiduciary funds (pension trust example) | Form 39 R31 Pension Other Employee BenefitsPEN_OTHER_EE_BEN_TRUST_PEN_OTHER_EE_BEN Column for the trust or custodial fund type. |
Enterprise placement is shown for a water fund; other enterprise funds use the same line on their own form. Check any combination in the FTR finder.