The Fiscal Year Will Close with A $17 Million Surplus in Springfield. How The City Plans to Spend It
Bill McCarty, the city of Springfield’s budget director, said “eye-opening” end-of-year budgetary data have put the city in a position to achieve things it has wanted to do for decades. According to estimates, the city will end the fiscal year with a $17 million operating surplus and a $46.8 million corporate fund balance or reserves …