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Patterson overspends on budget by nearly $1 million

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Patterson overspends on budget by nearly $1 million

The Patterson City Council met in special session to amend its 2012 budget by nearly $1 million in overspending.

The city was budgeted to finish the year at $450,924; it finished negative $524,929 for a total of $975,853 off budget.

The reason they overspent is credited to the following issues: Mold remediation & temporary relocation cost ($200K), mechanic shop ($150K), increase in fuel ($50k), increase in retirement cost and general insurance ($125K).

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