Akron’s projected budget gap has been cut almost in half, but the president of city council says there’s more room for improvement.
Earlier this month, Akron officials estimated that this year’s shortfall would be $916,000. Part of the gap was due to decreased income tax collections last year. As budget hearings concluded last week, the city’s budget director said that number had been reduced by $400,000.
Council President Margo Sommerville says they are exploring ways to make up the rest by cutting costs and also bringing in additional revenue.