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Page 2 <br />TYe exem~lay charter sections on the budget (7.04 anal 7.05) <br />state that capital expenditures exceeding $1,000,000, and <br />acquisition and disposal of real property for the same amount be <br />approved by referendum before being included in the budget. How <br />wpuld this impact on the budget process? What caps are provided <br />by state statute? <br />Sgme of these questions are stupid, some are obvious and some <br />are extremely boring. Good luck! <br />~~~~ <br />~p,ea' <br />