City of Coral Gables Sells 2 Parking Lots–Little for Parks

Total revenues two parking lots $7,025,000 (100%)

Revenues for city buildings– Public Safety Building and a Minorca Parking Garage $5,275,000 (75%)

Revenues for park lands and improvements $1,750,000 (25%)

——————————————————————————————————-

Money for any budget items is highly fungible–more money for any one item frees up money for other uses.

This is just a game of budgetary mirrors.

Money that may have gone for parks before are now free for other non-environmental uses

Or the city knew money was coming for parks so no money was assigned in the original budget, and went for less important items.

Mayor Lago conditioned the sale of the Doctors Hospital parking lot on using the money exclusively for parks.

That has been conveniently forgotten.

About Stephen E. McGaughey
Resident of the City of Coral Gables

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