SAN BENITO — The city’s annual audit shows officials have saved up enough money to operate the city for 3.3 months in case of emergency, Tony Juarez, an auditor with the firm of Patillo, Brown & Hill, told city commissioners earlier this week.
Meanwhile, Finance Director Belen Peña said her department has amassed $3.8 million, capable of operating the city for 110 days.
Soon, cash reserves are expected to grow to $4.6 million, capable of running the city for 120 days, Peña told commissioners.
City Manager Manuel De La Rosa called the 120-day mark the “recommended goal” in city government.
The audit reviewed the city’s $12.6 million general fund budget and other revenues and expenditures.
