Tuesday, February 11, 2014

Roswarski Grows Lafayette's Rainy Day Fund

Under Mayor Tony Roswarski's stewardship, the City of Lafayette's rainy day fund has grown from $11,421 balance when he took office in 2004 (with the city $3.5 million in debt) to $2.8 million today, ten years later. “I have consciously tried to find ways to reach the accounting recommendation to have 10 percent of the general fund budget set aside,” Roswarski said. Read more from the J&C here.