Aldermen to discuss legislation approving exemption on spending cap for 2025 budget
read more…: Aldermen to discuss legislation approving exemption on spending cap for 2025 budgetIf approved, the resolution would exempt the total debt service principal and interest payment of municipal bonds appropriated in the Fiscal Year 2025 budget. This would increase the available budget under the cap so that approximately $33 million worth of projects could be appropriated.