Friday, July 25, 2008

Price Increases

Looks like the new fire station and public safety/police station will be costing a wee bit more than originally estimated. The estimated cost of the fire station, according to the Aug. 2007 city council action sheet was $1.25 million. According to the 2009 Community Investment Plan, available at City Hall, the cost is now projected at $1.875. The police station was estimated at $6.2 million, now it's estimated to run about $7.6 million.

I don't remember if the amount generated by the sales tax increase was projected large enough to cover the additional $2 million now needed for these two projects. I hope so, otherwise I see the money coming out of the already endangered general fund.

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