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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