Sunday, January 19, 2014

Third-snowiest January on record swiftly depletes city of its snow budget


Indianapolis is now experiencing the third-snowiest January on record, and all of this snow is cutting into the city's bottom line. And if the rest of the year is anything like its first 18 days, the city may run out of funds, and quickly.

Early estimates show the city has already spent more than 60 percent of its budget for snow removal. And budgets aren't dedicated to a winter season; they're set aside for the calendar year (from January to December). That means well over 60 percent of the city's budget was used in the first 5 percent of time it was allotted to be used in 2014 .... http://www.theindychannel.com