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Michael Johnston: “They are fundamentally different buckets of money with…”

Featuring: Michael Johnston, Nonpartisan | Mayor of Denver | Colorado

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Mayor Michael Johnston Discusses Denver's Budget Deficit and Strategic Investments

Published | Video Starts at 11:37

Let's talk about the 70 million for the NWSL women's soccer stadium. First, explain to me why a capital money can't be diverted for general fund use. Yeah, so They are fundamentally different buckets of money with different, often charter or constitutional purposes. In that case, those are actually bond dollars supported by voters to support capital projects that are linked to this. That's the first reason. (11:37–11:43)

CLAIM

Asserts that capital money and general fund money are distinct and have different purposes.

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