City Unions reject Mayor Bell's Concessions

It looks like receivership is a definite possibility. Raising taxes to the point of covering the deficit without the concessions would be unimaginable.

No votes yet

According to this information from Wikipedia about Toledo's demographics ("in the city the population was spread out with 26.2% under the age of 18, 11.0% from 18 to 24, 29.8% from 25 to 44, 19.8% from 45 to 64, and 13.1% who were 65 years of age or older.") I am assuming from these figures that about 60% of the 316,851 citizens are between 18-64, and probably working. The burden of paying any taxes will fall on less than 200,000 working citizens. A budget deficit of $48.2 million would cost each taxpayer about $241 each if divided evenly. For some this would be an inconvenience and for others a disaster.

To me it seems to be imaginable. Unfortunately, we would have to forgo about three months worth of fast food for each taxpayer.

Old South End Broadway

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.