Budget hearings begin in Youngstown - 21 News Now, More Local News for Youngstown, Ohio -

Budget hearings begin in Youngstown

Updated:

YOUNGSTOWN, Ohio - Budget hearings are being held for the city of Youngstown and a study of the city's finances has revealed that the city will experience a five million dollar deficit over the next several years.

DeMaine Kitchen, Chief of Staff for Youngstown Mayor Chuck Sammarone, says the mayor is committed to maintaining fiscal responsibility and accountability, and is now taking the recommendation of a PFM study as it relates to cost savings.

The study revealed that the city would experience a five million deficit over the next several years.

So, the mayor is committed to not filling any positions unless they are absolutely essential to providing services to the taxpayers.

The mayor and the finance director have been able to keep the deficit from becoming an issue for now, but we're told the reason for the financial shortfalls include a drop in income tax receipts, increased personnel costs, cuts by the state in local government funding and construction money from V&M winding down.

Tonight at 11 we'll hear from the mayor's chief of staff on how the city plans to move forward and fight the economic challenges and how any savings will be poured back into the neighborhoods.

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