Youngstown Financial Forecast Public Meeting
Monday, May 14, 5:00 p.m.
A financial consultant will provide an analysis of the city's current and future financial condition for the next five years.
- Location -
Community Room
Convocation Centre
East Front Street
Downtown Youngstown
Youngstown's financial forecast looks bleak.
Look for employee wage concessions or employee layoffs.
Sale of the city's golf course is a possibility.
It's time for the residents of Youngstown to make suggestions for ways to increase city revenues.
Interesting on the golf course...
I do play there but I also know they loose money on trying to maintain it..Question ??? If the Stambaugh family gave the course to the City a very long time ago, what are the stipulations on the use, and sale of the land.
A very good question. The Wick family did that very thing when they gave the city Wick Park.
Quote from: jay on May 15, 2018, 06:31:17 AM
It's time for the residents of Youngstown to make suggestions for ways to increase city revenues.
I'm pretty sure there are only two ways to succeed financially, bring in more or spend less.
Considering the current population of the city, increased revenue would only hurt those that are left, probably causing those that can leave to do so, causing even less revenue.
The only answer is to reduce spending. Period!
Spending can be reduced in several ways, based on Youngstown's population being about 67,000 I can certainly think of reducing city council. Why?
Because the US average number of people being represented by a city councilmember is 65,000. In Los Angeles the number is over 250,000.
So now I'll round that population up to an even 70,000 and divide by the 7 council peoples. HMMM.... That means councilmembers in Youngstown only represent 10,000 people each. And remember I rounded population up to get this number and didn't include the Council President, both of which make it even lower.
Youngstown could also close probably a couple of dozen streets, not being fully used, randomly throughout the city, NOT downtown. No snow plowing, minimal need for police, no upkeep on sewers, let then return to wooded areas and no cost to mow the grass.
While none of these are exactly a huge savings they could be a start in the right direction and I'm sure other people can come up with similar or even better ideas than the two I just posted.
I fully support closing rarely used streets. But, the city can't just reduce the number of council members. That can only be done through a charter amendment, which is voted on by the city residents.
A charter amendment to reduce the number of councilmen was on the ballot a few years ago. It failed.
:'(
http://www.vindy.com/news/2018/may/14/city-could-face-16m-deficit-2023/