Charlotte is considering nearly $300 million of new spending on projects for the next fiscal year. City council members met Wednesday night to hear the proposals.
Capital projects are physical things like runways, city parks and desk chairs. Charlotte currently has $25 million of available funding for such projects, basically wiggle room for the 2015 budget.
Which means in order to pay for some or all of these requests, the city would likely have to raise taxes or fees or take on debt.