Forgive me if I don't understand, first there is a shortfall of $800K and now there is a surplus that will allow $60K to be borrowed from the fund or is it just being taken away like the federal gov't has done to the social security fund?
And, now that we have cleared the shortfall in the parking fund and have a surplus, is this indicative that business downtown is good?
Or, are we still in the hole on the parking fund and are now just borrowing more money to market downtown hoping that the parking garages are going to turn a profit?
One would expect any funds from parking would go for parking improvements and to pay off previous debt associated with parking. What is to stop the reallocation of funds from road work, police or the fire departments in order to build a zoo or ball park?
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