Ennis Daily News

Budget growth pushes reserves higher


Nick Todaro, n...@ennisdailynews.com

Ennis projects emergency reserve funding will grow to top $4 million in the coming budget cycle.

The 2013-2014 budget report outlines a fund reserve in the general fund of $4.18 million for emergencies, and a contingency spending line item of about $11,000.

City Manager Steve Howerton said the accumulated money is set aside for use in the case of catastrophic situations that would curtail or remove revenue streams entirely.

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Posted by on Jul 25 2013. Filed under City news, News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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