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Published: Thursday, 6/26/2003

Rossford expects lower revenues in 2004

Rossford revenues for 2004 are expected to be slightly down from 2003, according to an estimate of revenues the city prepared for the Wood County Budget Commission, administrator Vince Langevin said.

Finance director Laurie Sabin worked up the estimates for Rossford City Council and the Wood County Commission, projecting that the city will receive $3.68 million in revenues in 2004, compared to a projected $3.73 million this year.

Councilman James Richards asked about construction of the new Meijer store in the Crossroads to America area and if potential revenues from that project were included.

Mr. Langevin said even though that project could produce more revenues for the city, he didn't want to increase the figure solely on that work.

The budget takes into account an expected $6,000 dip in state aid between 2003 and 2004. It also accounts for a $10,000 balance to start 2004, where the city predicted a $77,287 carryover to start 2003.

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