Collins ready for budget challenge - 13abc.com Toledo (OH) News, Weather and Sports

Collins ready for budget challenge

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Toledo Mayor-elect Mike Collins knows he has less money to work with next year and he's ready to take on the challenge of paring down city government.

The city will see millions less in revenue in 2014, including one million less in red light camera revenue, $500,000 less in local government funding from the state, $3.5 million less when the estate tax is eliminated - a total of $5 million less than the city will receive in 2013.

"We have challenges, no doubt about it." says Collins. He's currently looking over the Bell administration's last budget.

He plans to make changes. He doesn't want to spend $14 million from the capital improvement budget to balance the budget.

"We're going to have to review every single contract that the city has engaged in at this time and that's going to be totally critical."

Assets could be sold, but Collins wants to change the structure of city government.

Taxes could be raised, but Collins doesn't like that idea. That leaves very little wiggle room in finding or creating additional revenue to fill that $5 million gap.

Collins admits, "It's going to be a tough year and you hope there's going to be more tax revenue that what they projected."

But Collins can't bank on that, so he will have to juggle the budget to get the numbers he needs.

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