The city has committed $4.5 million in capital funds to the project.
An estimated $10 billion in capital funds would be needed over 10 years.
Yet2 had recently also raised a capital fund of $10 million.
The city has budgeted $25 million in capital funds for such a project.
The other half went into the company's capital fund.
Harvard wants $1.5 billion for its endowment and capital fund.
That would quickly eat up the capital fund and then some.
That would have gone into the long-term capital fund to pay for the improvements.
A campaign to raise capital funds has begun, he said, with the move to the new building expected to be completed within a year.
Once again, capital funds are being used for expense items.