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Wenatchee Commits To Building Up Rainy Day Fund, Suplus

August 24, 2012

 

Sunshine and blue skies

may have been Mother Nature’s order for the day, but rainy days were on the minds of Wenatchee City Council

members yesterday.

 
Specifically, rainy day funds.
 
City council members voted to

raise preferred targets for cash surplus amounts in their coffers at yesterday’s meeting. Wenatchee

Mayor Frank Kunz said the goal is to have cash for at least two months’ worth of expenses on

hand…around 2.8 million dollars, along with an additional million dollars in a “rainy day

fund”. 

 
Kunz said it would likely take three to four years to hit those marks. The

Mayor talked about those issues and more with KOHO’s Clint Strand on the Friday KOHO Morning

Show.