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Council adopts $24 million budget amendment; residents voice concern about debt
Summary
By 8-0 vote, Cape Coral City Council adopted Ordinance 13-25, a fiscal-year 2025 budget amendment that increases revenues and expenditures by $24,029,526 to capture previously approved actions, grant reimbursements and program adjustments; public commenters criticized additional borrowing and spending.
Cape Coral City Council on April 16 approved Ordinance 13-25, the second budget amendment for fiscal year 2025, increasing the city's revenues and expenditures by $24,029,526 to a revised total of $1,155,112,057.
Acting Financial Services Director Crystal Feast told the council the amendment reflects previously approved council actions from December through February, revenue true-ups and grant reimbursements. Major components noted in staff presentation included demolition funding for Bimini East (about…
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