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City sitting on "lost" money

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Updated: 5/10/2013 11:45 pm

JACKSONVILLE, Fla.-- Action News has learned the city could be sitting on more money it didn't know about.

City Council Vice President Bill Gulliford said there's little money for capital projects in the budget. He says with the tight economy, lots of buildings around the city are suffering. He pointed to the leaks in the Main Library, saying it's costing more to fix the problem now.

Action News found out the city is sitting on extra money, but they don't know how much. "I hope it's significant," said Gulliford. Action News found out the city started going through hundreds of old capital projects to see if there was any unused money. Some date back to 1988. "I hope we're sitting on money. Why never before. everyone was fat dumb and happy," said Gulliford.

Gulliford says they don't know how much the city will find, but they have to look.

"Desperate for money, would that be a reason. It's probably the best reason," said Gulliford.

The city says the report should be done next month. A spokesman says they anticipate a couple hundred thousand dollars to be found.

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Fred Thompson - 5/11/2013 12:24 PM
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Find it before some "SLICK WILLYS find it to steal.
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