Do I Hear $300 Million? AND ANOTHER THING
By Jack Humphreville
By Jack Humphreville
In January, DWP recommended a transfer from the Power Revenue Fund of $147 million to the Citys Reserve Fund. This amount, representing about 5% of prior years audited revenues, is $85 million lower than the $232 million anticipated in the Citys budget.
This begs the question: Will the current years budget deficit hit $300 million? Read more…