The Deadwood City Commission is looking to supplement the Historic Preservation Revolving Loan Fund, reports the Black Hills Pioneer. The commission approved the first reading of a supplemental budget ordinance in the amount of $331,000. The program has received 20 applications for historic preservation grants so far this year as well as an increase in program support in recent years, sparking the need for additional funds.
To date, historic preservation programs have expended $898,000—an amount over the originally budgeted $867,000. Year-end expenditures are currently projected at approximately $1.2 million.
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