Youngstown could face $16 million deficit if changes aren't made - WFMJ.com News weather sports for Youngstown-Warren Ohio

Youngstown could face $16 million deficit if changes aren't made

Posted: Updated:
YOUNGSTOWN, Ohio -

If Youngstown leaders don't take action, the city could be $16 million  in the red in five years. 

That's according to Michael Abouseral, an independent financial consultant hired to review the city's budget. 

Abouseral told a room of city leaders Monday night that the deficit would land the city in fiscal emergency. 

He also offered several recommendations to change the city's financial future.

To create revenue, Abouseral suggested evaluating license and permit fees that are being waived, consider selling naming rights to places or venues in the city, and to aggressively pursue a new leasing partner for a facility previously leased by AT&T.

Abouseral had more recommendations on ways to reduce spending. Those suggesting include mandatory furlough days for city employees, reducing pension pick up for current employees and eliminating the benefit for new employees, forgo salary increases already negotiated for 2019 and 2020, revisit health care costs, as well as consider the elimination of a fire truck and manpower in the fire department.

The fire chief told 21 News afterward that the recommended changes would hurt response times.

"You cut our department by one truck, it doesn't seem like a lot but with the station that closes, now you have to have other trucks come from other sides of town," said Chief Barry Finley.

Council's finance chairman T.J Rodgers said he's not surprised by the findings. He said each recommendation needs to seriously be considered.

Abouseral suggested city leaders begin as early as this month having discussions with union leadership regarding concessions.

The entire five-year forecast can be viewed, here.
 

  • More From wfmj.comHot ClicksMore>>

  • After rescue, Thai soccer boys pray for fortune at temple

    After rescue, Thai soccer boys pray for fortune at temple

    Thursday, July 19 2018 3:02 AM EDT2018-07-19 07:02:44 GMT
    (AP Photo/Sakchai Lalit). Soccer coach Ekkapol Janthawong, second from left, and members of the rescued soccer team attend a Buddhist ceremony that is believed to extend the lives of its attendees as well as ridding them of dangers and misfortunes in M...(AP Photo/Sakchai Lalit). Soccer coach Ekkapol Janthawong, second from left, and members of the rescued soccer team attend a Buddhist ceremony that is believed to extend the lives of its attendees as well as ridding them of dangers and misfortunes in M...
    The Thai soccer boys and their coach have attended a Buddhist ceremony to protect them against misfortunes, a day after they were discharged from a hospital following their rescue from a flooded cave.More >>
    The Thai soccer boys and their coach have attended a Buddhist ceremony to protect them against misfortunes, a day after they were discharged from a hospital following their rescue from a flooded cave.More >>
  • Hawaii lava boat tours continue after explosion, injuries

    Hawaii lava boat tours continue after explosion, injuries

    Thursday, July 19 2018 1:32 AM EDT2018-07-19 05:32:28 GMT
    (Hawaii Department of Land and Natural Resources via AP). This photo provided by the Hawaii Department of Land and Natural Resources shows damage to the roof of a tour boat after an explosion sent lava flying through the roof off the Big Island of Hawa...(Hawaii Department of Land and Natural Resources via AP). This photo provided by the Hawaii Department of Land and Natural Resources shows damage to the roof of a tour boat after an explosion sent lava flying through the roof off the Big Island of Hawa...
    Hawaii tour boat operators plan to continue taking visitors to see lava, but will follow the Coast Guard's revised policy and stay farther away after an explosion caused molten rock to barrel through the roof of a...More >>
    Hawaii tour boat operators plan to continue taking visitors to see lava, but will follow the Coast Guard's revised policy and stay farther away after an explosion caused molten rock to barrel through the roof of a vessel, injuring 23 people.More >>
  • Jupiter's moon count reaches 79, including tiny 'oddball'

    Jupiter's moon count reaches 79, including tiny 'oddball'

    Thursday, July 19 2018 1:32 AM EDT2018-07-19 05:32:24 GMT
    (GSFC) via AP, File). FILE - This April 3, 2017 image made available by NASA shows the planet Jupiter.   A team of astronomers is reporting the recent discovery of a dozen new moons circling the giant gas planet. That brings the number of moons at Jupi...(GSFC) via AP, File). FILE - This April 3, 2017 image made available by NASA shows the planet Jupiter. A team of astronomers is reporting the recent discovery of a dozen new moons circling the giant gas planet. That brings the number of moons at Jupi...
    Scientists have found more moons circling Jupiter, bringing the total to 79 at the giant gas planet.More >>
    Scientists have found more moons circling Jupiter, bringing the total to 79 at the giant gas planet.More >>
Powered by Frankly
All content © Copyright 2000 - 2018 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms