budget

Toledo Mayor Carty Finkbeiner yesterday announced plans to shut down all nonessential government business for three days before the end of the year to help address the city's projected $10 million general operating fund deficit.

Mr. Finkbeiner said the move would save the city $1 million over all its funds - $300,000 of which would apply to the general fund.

TOLEDO (WTOL) - The city of Toledo's general fund budget continues to operate with a multi-million dollar deficit. City leaders are trying to figure out what to do before the end of the year.

City of Toledo administrators got quite an earful from council members regarding the budget.

In addition to ordering three layoffs and shuffling seven employees into new positions yesterday, the Finkbeiner administration said it wants to use unspent 2008 capital improvement money to help balance the potential $7 million sinkhole in Toledo's general operating budget.

TOLEDO (WTOL) - The financial spreadsheet remains in the red for the city of Toledo and the mayor says he'll soon roll out his plan on how to balance the city's books.

"We know about increased costs, where the increased costs have come have come... fuel consumption, overtime and things like that," Finkbeiner says.