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City manager says Minot spending brings down cash reserves

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MINOT, N.D. (AP) - Minot's city manager says North Dakota's fourth-largest city is dipping into its reserve funds at a problematic rate.

Tom Barry tells the Minot Daily News that the city ended 2016 with $35.2 million in cash reserves.

Now, Barry plans to develop a series of budget workshops for council members, council candidates and the public. He expects the workshops to take place in late April or early May.

The workshops will provide information to help with the development of the city's 2018 budget. The city is expected to begin developing the budget in late April.

Mayor Chuck Barney says the council isn't waiting for the 2018 budget to begin making spending adjustments.


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