Gulf Shores financial plan calls for more than $11 million in reserve funds | al.com

Gulf Shores financial plan calls for more than $11 million in reserve funds | al.com: "GULF SHORES, Ala. -- Elected officials are planning to adopt a financial policy that calls for more than $11 million to be stashed away in three separate reserve funds.

'We're trying to make provisions to make sure we can continue to operate in the event of another economic downturn or major disaster,' Finance Director Cindy King told City Council members during a work session earlier this week."