Half of Irvine’s City Council largely brushed off warnings of a potential $47 million shortfall in the next five years amid calls from their colleagues to immediately reign in spending, saying they have time before they need to make any decisions.
Concerns around the budget boiled up publicly Tuesday night after Councilman James Mai announced he’d been told in a private briefing by city staff that they’d overspent their budget for the year by $6 million.
[Read: Irvine Wrestles With Budget Shortfall Amid Questions on Future Stability]…