Asheville city councilman and Congressional candidate Cecil Bothwell would like the city to put all its funds in local banks. The city’s operating budget for FY 11-12 was around $132 million. In the past, critics have argued that local banks lacked the capacity. Bothwell responded by saying the city could put its funds in four local banks. He is hopeful anti-Wall Street sentiment will help him advance this agenda in the coming year.