Decatur’s Bond Projects: Where Was the Money Spent?
Decatur Metro | September 20, 2010 | 3:11 pmBelow you’ll find a quick summary of how Decatur’s 2006 bond projects projections panned out, according to a 2006 vs. 2010 Bond Projection spreadsheet (pdf) recently compiled by the City of Decatur. The spreadsheet was created at the request of the city commission to provide residents with a breakdown of how the individual projects in Decatur’s 2006 $16.4 million bond have fared financially.
The City Manager has contended previously that many of the larger discrepancies below are a result of going with “long-term solutions to address facility needs instead of making short-term renovations and repairs.”
Note that my numbers below do NOT include the “Funding Other Sources” columns found in the spreadsheet. So if there’s a particular discrepancy that interests you, I’d suggest checking out the full spreadsheet first to make sure that spending wasn’t off-set with another form of funding. (Example: Land acquisition for parks)
Legend = (2006 projection vs. 2010 projection)