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 NewsMore>>

  • Cost of governor's race topped $64M, shy of state record

    Cost of governor's race topped $64M, shy of state record

    Monday, December 10 2018 1:27 PM EST2018-12-10 18:27:13 GMT

    Spending in Pennsylvania's gubernatorial race topped $64 million, as Democratic Gov. Tom Wolf thumped Republican Scott Wagner to win a second term.

    More >>

    Spending in Pennsylvania's gubernatorial race topped $64 million, as Democratic Gov. Tom Wolf thumped Republican Scott Wagner to win a second term.

    More >>
  • Two local businesses ensure 1K meals to help fundraising after fire tragedy

    Two local businesses ensure 1K meals to help fundraising after fire tragedy

    Friday, December 14 2018 11:36 AM EST2018-12-14 16:36:29 GMT

    After learning of the devastating and tragic fire that claimed the lives of 5 local children on Parkcliffe Ave, a local behavioral health agency wasted no time finding ways to help.  In collaboration with local business Gia Russa Italian Foods, The Red Zone is donating 1,000 meals during fundraising efforts for the family. The Red Zone and Gia Russa Italian Foods say they will ensure that 1,000 meals will be served, including spaghetti and meatballs with cheese, salad, bread an...

    More >>

    After learning of the devastating and tragic fire that claimed the lives of 5 local children on Parkcliffe Ave, a local behavioral health agency wasted no time finding ways to help.  In collaboration with local business Gia Russa Italian Foods, The Red Zone is donating 1,000 meals during fundraising efforts for the family. The Red Zone and Gia Russa Italian Foods say they will ensure that 1,000 meals will be served, including spaghetti and meatballs with cheese, salad, bread an...

    More >>
  • Youngstown woman indicted for allegedly assaulting mentally disabled man

    Youngstown woman indicted for allegedly assaulting mentally disabled man

    Friday, December 14 2018 11:26 AM EST2018-12-14 16:26:31 GMT
    A Youngstown woman was indicted on Thursday after allegedly assaulting a resident at her workplace. 20-year-old Gloreece Potter, an employee of Gateways for Better Living, was arrested back in October. Police say that she punched a 33-year-old male resident in the eye who was giving her a hard time.  According to officials, the resident has developmental and psychiatric issues. Other employees of Gateways for Better Living told police that the resident was having an 'outburst...More >>
    A Youngstown woman was indicted on Thursday after allegedly assaulting a resident at her workplace. 20-year-old Gloreece Potter, an employee of Gateways for Better Living, was arrested back in October. Police say that she punched a 33-year-old male resident in the eye who was giving her a hard time.  According to officials, the resident has developmental and psychiatric issues. Other employees of Gateways for Better Living told police that the resident was having an 'outburst...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