Lucas County officials aim to cut budget by $10 million in three years
The commissioners unanimously approved a
"This is the beginning of three years of very significant reductions that have been imposed on us by the state of Ohio," County Administrator
She is referring to changes to the sales tax. During the recession, the state gave every county the ability to collect sales tax from managed health care organizations,
"A few years ago it was removed in one fell swoop, essentially creating a hole in our budget of
The state did give
"We couldn't take
General fund expenditures are up about
Sales tax collections still make up the bulk of the county's general fund revenue, and officials predict they'll take in about
Commissioners will need to dip into the county's rainy day funds to cover that gap and balance the budget, but
"It's a caution to us when we have to go into reserves to balance our budget," Commissioner
The general fund is in addition to a
The 2020 projections are up drastically from the
The commissioners also approved a slim 2020 capital improvement plan that includes
___
(c)2019 The Blade (Toledo, Ohio)
Visit The Blade (Toledo, Ohio) at www.toledoblade.com
Distributed by Tribune Content Agency, LLC.
How the new North American trade pact may lead to a sewage cleanup of the Tijuana River Valley
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News