CLOSE

 

 

Mayor Frank Jackson balanced reality and optimism in his description of Cleveland’s barely balanced budget.

 

The city’s general fund is $510 million. Because of declines in both income and property tax collections, this year’s carryover surplus is just $4 million. It was $29 million last year.

Mayor Jackson’s depending on a new garbage fee, four percent pay cuts through furloughs, and layoffs to avoid red ink

read full story

article courtesy of WKYC.com

Also On Praise Cleveland:
Kierra Sheard Shares Engagement Photos
5 photos