City budget pegged at $2.7B

Junior Garrett

In a presentation cut short by the exodus of several councillors resulting in the lack of a quorum, acting Chairman of the Mayor and City Council’s Finance Committee, Junior Garrett, yesterday announced that the budget for 2012 is approximately $1.94 billion. However, when debts are included, this figure elevates to $2.77 billion.

There was much controversy among councillors when the city’s statutory meeting was called yesterday as the issue of presenting the budget was brought forward. This was the result of an announcement made by Garrett that there were liabilities still to