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While the state of Utah is facing a major budget shortfall, things are looking pretty good in one city up north.
Clearfield has a big budget surplus to spend, and it's all a matter of basic economics.
City Manager Chris Hillman said, "The simple principle of overestimating your expenses and underestimating your revenues should always help keep you in the black."
Hillman says the city saved over $600,000 in the last fiscal year, which is more than the state allows in the rainy day fund.
"We have to transfer $104,000 over to capital projects," he said.
He says the money will be used for a road project.
Two years ago the city identified ways to cut costs after suffering a $300,000 shortfall.
E-mail: pmchardy@ksl.com
