Dayton, Ohio To Cut 18% of City Budget

Dayton, Ohio mayor is ready for some big cuts due to lack of tax revenue.

“Most cities, particularly Ohio cities, they are funded through income taxes,” Whaley told WDTN.com on Wednesday. “When people aren’t working there isn’t funding for these basic services. We want the federal government to step in and help like they have for businesses.”

Because of the outbreak, city tax collections for April were moved back three months. Whaley said the city doesn’t have an exact number on how hard the city will be hit, but every department has been told to look for 18 percent in cuts.

Source: 2 News

 

Published by Hoosier Econ

Located out of Central Indiana. Blogger of economics, politics and societal trends.

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