YOUNGSTOWN — The city is using three revenue sources — lease revenue from V&M Star, state gambling casino tax funds and savings from employee early-retirement buyouts — to pay for several capital-improvement projects and equipment purchases.
After discussions with city council, administration officials compiled a list of about $7 million worth of projects and equipment purchases. Council will consider approving the list, and the 2013 city budget, at its meeting next Wednesday.
City officials provided the list today to The Vindicator.
As for a 2013 budget, that should be finished by Friday, five days before council’s expected vote.
Council has had budget hearings with department officials since mid-January and concluded them two days ago without seeing a complete city budget. Council will meet Monday or Tuesday to go over the budget.
The big-ticket item on the list is $1.2 million for new elevators at the city-owned 20 Federal Place office building.
For the complete story, read Wednesday's Vindicator and Vindy.com
Comments
The Budget should be finished long before mid March , preferably before 1 January . There's been little public consultation & no documents or budget news posted on the website to enable the public to be involved - although there is a notice there about Friday's St Patrick's Day Dash .It just may be this Council that's done its dash .
Surely the Council President & Finance Chair should have called the Mayor & his Directors to account for this poor performance?
why does it cost 1.2 million for new elevators for a building not work 1.2 million? Why would Jay Williams agree to this when he brought VXI downtown? That POS mayor is still hurting the city even after he left.