Fund Balance / Net Position · Fund Balance / Net Position
2990-2999 Equity – Local Detail
Reserved range for local detail codesSince 2026.10
- What it is
- Reserved local-detail equity block. Use for additional fund balance or net position classifications required by a city’s internal reporting model or auditor preference.
- Accounting standard
- Local equity classifications may be used to support net investment in capital assets, restricted components by purpose, or other required presentations, provided rollups reconcile to the fund’s total equity.
- Accounting note
- Define local equity codes consistently and document reconciliation to published financial statements. Consider separate tracking for ‘net investment in capital assets’ for proprietary/government-wide reporting.
- Reporting note
- This range enables expanded equity presentation without changing the universal rollup approach.
- Examples
- Net investment in capital assets; restricted by covenant; restricted by enabling legislation; nonspendable fund balance (inventories/prepaids).
- Do not use for
- Do not use for revenues/expenses or balance‑sheet assets/liabilities.
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | Form 37 R37 UnassignedGEN_UNASSIGNED Column for the fund's type (general, special revenue, capital projects, debt service, permanent). |
| 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.