This entry was posted on Wednesday, June 24th, 2009 at 1:29 pm and is filed under Bob V. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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Rainy Day
Phoenix to dip into rainy-day fund to fill budget gap
In the City of Surprise: Our operating reserves are based on two-months operating revenue and are set at $18,916,200 for FY2010. In addition to this we have one year of debt service reserved in the amount of $8,523,200.
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