By: Libi Uremovic, June 15, 2014 | Original Article at Patch.com
Agenda Item 7.a.17 Appropriations Limit
The City is requesting to raise the appropriations limit from $59,025,952 to $60,680,272 in fiscal year 2014-2015.
The City expects to receive $13,510,000 and wants to spend $60,680,272. The amount requested to spend is $47,170,272 more than the City will receive.
This is a Resolution authorized by Council which makes Council legally and criminally responsible.