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Nancy Stamile drops off her ballot at the Yavapai County building on Fair Street. (Les Stukenberg/Courier)

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City has $123M? Yes, but most is already spent

Should Prescott use its cash on hand for pension debt?

For some voters, word this past week that the City of Prescott has a fund balance of $123.5 million begged a question: Why is a sales-tax increase needed if the city has so much money on hand?