Toledo budget not in balance; deficit could be millions - 13abc.com Toledo (OH) News, Weather and Sports

Toledo budget not in balance; deficit could be millions

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Mayor D. Michael Collins may have to convince council to fund his priorities and that could mean adjusting a budget that could be in deficit by millions of dollars.

Last November, outgoing mayor Mike Bell prepared a 2014 budget that claimed to be in balance and even had a $20,000 surplus.

But the Collins administration is looking over the numbers and finding certain Collins priorities were not funded and that could mean a deficit in excess of $2 million dollars.

During the mayoral campaign, Collins criticized mayor Bell for taking $14 million from the capital improvment budget to balance the city's books, but Chief of Staff Bob Reinbolt says the CIP budget may have to be used by Collins, as well.  

Reinbolt says, "We don't want to use capital improvement dollars for the future, for this year, I think we will have to use capital improvement dollars and that would be the first place you could look at:  Where can you cut and where can you get additional money?" 

Collins wants to fund a 30-member police class, but he also wants to fully fund the municipal court, give more money to the Recreation and other departments, fund the re opening of the Northwest District police station and demolish the Clarion Hotel on Reynolds Road.

The revised Collins budget will be presented to council in mid-February.  A balanced budget must be approved by council March 30th. 

 

 

 

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