PANAMA CITY, Fla. (WJHG/WECP) - The Panama City Commission found that the price of the new City Hall in Panama City was less than originally planned.
The budget for the new city hall was originally set at $16 million. At the regular commission meeting Tuesday, they approved a deductive change order to the original budget.
When all was said and done, the city saved a substantial amount on the project by keeping close track of the expenditures along the way.
Panama City Commission Trial Counsel Clifford Higby said, "The city is essentially getting back or not going to spend $550,000 that they thought they were going to have to spend on City Hall."
The city may also be getting more funds back from a claim that is in litigation at this time.