2020 city budget has biggest reserve in 11 years
May02

2020 city budget has biggest reserve in 11 years

DOWNTOWN – A proposed new general fund budget for the fiscal year starting July 1 shows the city in better financial shape than any time since before the Great Recession started. For the first time in 11 years, more than five percent of the budget will be in reserves. That’s the minimum the city considers necessary to deal with emergencies, city Budget Director Paul Payne said. The proposed fiscal year 2020 general fund budget...

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