City’s Capital Investment Budget Turns Minimal

June 16, 2009 8:05 am

From The Dispatch:

Columbus spending plan full of grim news
By Robert Vitale
City Council members approved a 2009 capital-spending plan last night that includes no new city-funded road work, equipment purchases, park improvements or building projects.
The capital budget totals $457 million, but about 90 percent of that money will go toward water, sewer and electric-utility projects to be repaid with money collected from ratepayers. About $24 million is for other projects already under way or purchases already made.

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City’s Capital Investment Budget Turns Minimal

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