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The surplus was $22.6 million on June 30, 2018. Solomon stated it was $13 million 8 months later in February 2019. Now recently paying $4 million in school 2019 fiscal over spending, how much is really in the rainy day fund.

Also having money in your bank savings account may look great on paper but when your minimum annual payments are increasing at unsustainable rates and resulting in new spending as high as a maximum tax increases, that means you are in the mist of a fiscal crisis.

From: Audit: City stronger than thought

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