The flooding and storm damage from Hurricane Irene and Tropical Storm Lee left digging into its pockets for the second quarter of fiscal year 2012.
While the city's revenues grew over the previous year's second quarter, so too did expenditures. However, the expenditures fell in line with budget projections, despite having to spend $110,000 more than expected on storm readiness, evacuation, clean-up and repair.
presented the second quarter financial report near the end of .
Find that report in the PDF included with this article.
Dougherty also noted that the city will be responsible for just 25 percent of the cost to into the .
The channel and marina filled in with sediment after the experienced the third-highest water totals in history during the .