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The mayor says this is why you save for a rainy day. Jefferson City’s Carrie Tergin says the impact of the May tornado and historic spring flooding will require a dip into savings. “Luckily, we have about a 17% fund balance and that’s somet...

Proposed Jefferson City budget includes dip into reserves

The mayor says this is why you save for a rainy day. Jefferson City’s Carrie Tergin says the impact of the May tornado and historic spring flooding will require a dip into savings. “Luckily, we have about a 17% fund balance and that’s something that we have set forth in policy,” Tergin says. “We set …

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