Sandy Springs generates huge surpluses. They have no unfunded - TopicsExpress



          

Sandy Springs generates huge surpluses. They have no unfunded liabilities. . . . This has given the town of Sandy Springs lots of extra cash to work with – a surplus that they put into building for the future. According to Sharon Kraun, The city, as a matter of policy, sets aside 25% of revenues into a reserve during each budget planning cycle. Capital improvements have been a major focus during our first eight years, with more than $185 million invested in capital infrastructure. This has lead to lots of improvements around the town. The city has repaved 147 miles of streets, 874 storm water projects, and built 32 miles of new sidewalks. If part of the government performs poorly, the city can fire that company, and bid the contract to another company. In 2011, the city said farewell to the main company that was managing the vital functions of government CH2M Hill, and opted to go with another company. This saved the city over a million dollars.
Posted on: Tue, 24 Jun 2014 23:41:26 +0000

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