City Piggy-Banks Money

Creates Emergency Fund

Posted: December 17, 2012 at 2:10 a.m.

The city now has a $4 million reserve fund for emergencies. The City Council voted Tuesday to create the emergency reserve fund, taking it from money formerly earmarked for specific projects.

By The Numbers

Springdale Capital Improvement Program Fund Balance

Reserved money and unreserved balance as of Sept. 30

Don Tyson Interchange — $14.51 million

Johnson Road improvements — $2.50 million

Park land acquisitions — $1.85 million

CID and fitness buildings renovation — $981,507

All other projects — $419,866

Money available for projects — $605,143

Total fund balance $20.87 — million

Source: City Of Springdale

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