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7 <br /> POTENTIAL FUNDING FOR CAPITAL PROJECTS <br /> Local Fund Balance: <br /> 2016-17 Unassigned Fund Balance 7,180,587 <br /> Reduction for Capital Projects 3,500,000 <br /> Balance of Unassigned Fund Balance 3,680,587 5.03% <br /> CIP Additional 5 yr funding 2,400,000 <br /> Recurring Capital Fund Balance: <br /> 2016-17 Unassigned Fund Balance 976,000 <br /> 2017-18 Unobligated Balance of Non-recurring $1M 700,000 <br /> Subtotal 1,676,000 <br /> Fund 6 Cash Balances: <br /> 2016-17 Ending Cash- unobligated 400,000 <br /> GRAND TOTAL 7,976,000 <br />