Budget impasse will put Charlotte projects on hold

The City Council’s surprise decision to kill Charlotte’s entire $926 million capital spending program will shelve projects such as police stations, affordable housing, sidewalks, bridges and road improvements. It also means the city property tax rate will stay the same – a victory for the council’s two Republicans, who argued against any increase in a tough economy. For the last two weeks, council members had tried to find a capital spending program that could get six council votes. Democrat Michael Barnes, who supported a reduced $660 million plan, said the decision “threw away” hundreds of millions of projects that all council members wanted.

Charlotte Observer

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