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