From Deseret News archives:
Provo's plump purse
The surplus
• Budgeted FY08 General Fund revenues $40,440,662
• Unreserved surplus $8,712,185
• 18 percent cap $7,279,317
Excess $1,432,866
How Provo is spending it
• Land fund $542,428
• Employee bonus $350,000
• Joaquin Park land $240,000
• City Center upgrade $190,438
• Downtown Alliance $110,000
Total $1,432,866
Source: Provo City Finance Department














