It must be approved before the fiscal year begins on July 1. The council will likely make changes before sending it back to the mayor for final approval. Sullivan said councilors are also concerned about the city's borrowing for capital projects, both in the coming fiscal year and in the future. Although councilors understand the mayor's reasoning behind that request, Sullivan said councilors are still uncomfortable with the amount. The sense is there is concern with that amount and how much they can do.
Timing is the key.
We certainly wouldn't look at bonding all those project all at once. Used with permission.