An assigned fund balance at the end of the fiscal year refers to resources set aside for a specific project by the government, distinguished from resources restricted by external parties or unassigned balances.
The amount identified at the end of the fiscal year that would be classified as an assigned fund balance is resources set aside for a specific project by the government. Assigned fund balances are portions of the fund balance that are intended for a specific purpose as determined by the government's highest level of decision-making authority, or by the government itself. This differs from restricted fund balances, which are restricted by external parties, and unassigned fund balances, which are not constrained for any specific purpose.