Akron to put less money down the drain
Public utility projects are the biggest item in Akron's 2015 budget, amounting to almost half of the city's expenditures, but the city will spend less on these items than it has for the past four years.
The budget for sewer and water projects is about $102m, which is $19m less than the 2014 budget. The city is concentrating on sewer work in order to satisfy an environmental lawsuit brought by the federal government. The city's budget for 2015 has to be in place by February 15.
While its budget for public projects has gone down, economic development is getting more funds. This year, Akron will spend approximately $2.8m more than it did last year, chiefly on improving its infrastructure in support of two major commercial projects: a new technical center built by Bridgestone America, and Goodyear's headquarters.
The budget includes approximately $27m for the projects, with $2m of that slated to be used to improve East Market Street. This in turn supports development at Eastgate, which is part of Goodyear's new headquarters project.
Transportation projects will also get increased funding this year, with $3.4m earmarked for improvements in local interchanges.
Akron officials might want to work with brochure printers to create a booklet to mail to residents, explaining the budget and its impact on the city.
The budget for sewer and water projects is about $102m, which is $19m less than the 2014 budget. The city is concentrating on sewer work in order to satisfy an environmental lawsuit brought by the federal government. The city's budget for 2015 has to be in place by February 15.
While its budget for public projects has gone down, economic development is getting more funds. This year, Akron will spend approximately $2.8m more than it did last year, chiefly on improving its infrastructure in support of two major commercial projects: a new technical center built by Bridgestone America, and Goodyear's headquarters.
The budget includes approximately $27m for the projects, with $2m of that slated to be used to improve East Market Street. This in turn supports development at Eastgate, which is part of Goodyear's new headquarters project.
Transportation projects will also get increased funding this year, with $3.4m earmarked for improvements in local interchanges.
Akron officials might want to work with brochure printers to create a booklet to mail to residents, explaining the budget and its impact on the city.