The following information is derived from the financial statements prepared by the city of Tallahassee, Florida for the fiscal year ended September 30, 2016. the data is for the General Fund, condensed to reduce the number of captions (but not the totals), and is expressed in thousands of dollars. Balance Sheet Assets Cash and cash equivalents $36,308 Due from other governments 10,504 All other assets 2,041 Total assets $48,853 Liabilities and Fund Balance Total liabilities $13,066 Fund balance Nonspendable 1,513 Committed 25,251 Assigned 2,479 Unassigned 6,544 Total fund balance 35,787 Total liabilities and fund balance $48,853 Statement of Revenues, Expenditures, and Changes in Fund Balances Total revenues $111,484 Total expenditures 137,936 Excess of revenues over (under) expenditures (26,452) Other financing sources (uses) Transfers in 46,532 Transfers out (19,412) Proceeds from sale of capital assets 5,370 Total other financing sources (uses) 32,490 Net change in fund balance 6,038 Fund balance, October 1,2015 29,749 Fund balance, September 30, 2016 $35,787 Calculate the city of Tallahassee's operating margin. Round answer to one decimal place (ex: 0.0345 = 3.5%).