City Unions reject Mayor Bell's Concessions

http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20100225/NEWS16/10...

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

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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

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