Toledo plagued by carry-over deficit of up to $6M

By IGNAZIO MESSINA BLADE STAFF WRITER The city of Toledo’s budget this year will be stressed even further with a carry-over deficit from 2010 totaling as much as $6 million. City Finance Director Patrick McLean said Thursday the city will “fall a little short on the revenue side” of its ledger book and “a little long on the expenditures side.” Mr. McLean said the deficit, which could range from ...