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Toledo Has Millions More Than Expected
By: Associated Press
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TOLEDO, Ohio (AP) – An Ohio city could have $6 to $8 million more than expected in its budget this year.
The city of Toledo has benefited from lower-than-expected health care costs, income tax revenue and lower workers compensation costs.
Mayor Paula Hicks-Hudson tells the Toledo Blade she plans to hire new police officers a month earlier than planned.
The city’s finance director says he is not calling the money a general fund surplus because the city took money from its capital improvement fund to pay for daily operations.
Hicks-Hudson is seeking re-election this year. Her challengers, Democrat Wade Kapszukiewicz and Republican Tom Waniewski both shared how they would spend the surplus.
Kapszukiewicz says he would hire 40 police officers a year. Waniewski says he would be careful about spending.