No offense taken, but I need to update, in this 2004 article:

“Poway has a history of maintaining a balanced city budget and consistently putting away money in savings.

The city’s ability to continue the pattern is particularly significant, though, in a year in which financial problems at the state level have forced cities throughout California to make drastic budget cuts.

Many municipalities are struggling with budget cuts and/or with using reserve funds to cover large financial deficits. Poway city officials said they’ve managed to avoid using any of the $3.1 million the city has stashed away in an “economic uncertainity” fund.”