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~o <br />COMMITTED FUND BALANCE <br />Amounts whose use is constrained by <br />limitation that the government imposes <br />upon itself <br />^ Constraint on use imposed by the <br />government's highest level of decision <br />making authority <br />^ Same type of action required to remove or <br />change the specified use <br />^ Action to constrain resources should occur <br />prior to end of fiscal year <br />ASSIGNED FUND BALANCE <br />Amounts intended to be used for <br />specific purposes. Intent is expressed <br />by The governing body itself, or an <br />official delegated by the governing body <br />(appropriated fund balance for next year <br />expenditures). <br />• <br /> <br />