Comptroller: County Fiscal Health Just Fine
Posted: January 5, 2013 at 4:29 a.m.
Benton County officials got some welcome news about fiscal health Thursday night.
At A Glance
Reserve Fund
Arkansas counties are required by state law to keep a minimum reserve equaling 10 percent of the county’s available money, before expenditures, according to Sarah Daniels, Benton County comptroller. Benton County has $21.9 million in available money, mandating a reserve of $2.2 million. In addition to that amount, Daniels said, the county has $16.6 million in unrestricted reserve.
Source: Staff Report
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