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Friday, May 17, 2024

Akron losing millions of income tax dollars, bracing for budget cuts

Credit: WEWS NewsChannel5
Duration: 02:23s 0 shares 1 views

Akron losing millions of income tax dollars, bracing for budget cuts
Akron losing millions of income tax dollars, bracing for budget cuts

The city of Akron expects to lose millions of income tax dollars in the coming months, and as a result, Mayor Dan Horrigan said "tough decisions lie ahead" when it comes to balancing the budget.

HELP.MORE THAN A MILLION ARE HERE INOHIO.HUGE NUMBER OF JOBLESS CLAIMS ISHAVING A DRAMATIC IMPACT ON CITYBUDGETS.THAT'S BECAUSE MILLIONS OFINCOME DOLLARS ARE LOST.CITIES ARE PREPARING TO MAKEMAJOR CUTS THAT WILL IMPACTSERVICE.

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