WICHITA, Kansas - The City of Wichita puts aside just enough taxpayer dollars each year to pay for necessary services.
It also keeps a general fund reserve essentially a savings account.
"The city would have the options of dipping into our reserves for our savings account like any individual would," said Mark Manning, Budget Officer for City of Wichita.
The City's Budget Officer Mark Manning says that savings account has been consistent over the last couple of years.
Numbers show the City of Wichita could operate for 41 days straight on $23 million dollars in reserves.
"We have not dipped into our savings account for the pass four years," said Manning. "In fact we have built our savings account."
On the heels of a Wall Street Journal report that listed Topeka as among the worst in reserves with seven days worth of savings.
Wichita came in on the lower end.
The median for the nation's 250 cities was 81 days of funding.
Policy requires the city to always have between 37 to 55 days of reserves on hand.
The last time the city dipped into its savings was when it didn't have enough money to cover the clean up costs for the December 2009 ice storms.
"We had to spend a lot of money in the short amount of time to clear city streets and take care of the tree limbs and that was pretty significant expenses," said Manning.
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