Council committee corrects negative appropriation in transportation fund with technical amendment
City Budget Office staff told the committee a miscommunication produced a negative appropriation in the transportation fund; the committee approved a technical amendment that moves roughly $25 million back to contingency to comply with state budget law.
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CBO staff told the committee that two overlapping moves from contingency into reserves combined to create a negative appropriation in the transportation fund. Rif Levine described the error as an honest mistake discovered during exhibit review and presented a technical amendment to correct it by moving roughly $25,000,000 back into contingency.
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