Thursday, Jul 28, 2016
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Proposed city budget predicts higher revenues than 2012 budget

Mayor Mike Bell released his 2013 general fund budget today ahead of Thursday's deadline.

The proposed general fund budget predicts $243.59 million in spending and an equal amount in revenues -- up from the $238.98 million revenues in the 2012 budget.

"The 2013 proposed budget continued a commitment to public safety with additional police and fire classes," said a statement from the mayor.

"The administration also maintained a commitment to quality of life issues affecting residents. Despite the rejection of a levy to support parks and recreation, the city will allocate approximately $175,000 more in the 2013 budget to support recreation activities for Toledo residents."

The proposed budget also predicts $163.9 million from income taxes in 2013. That is the largest sources of revenues.

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