It may be nothing to consider, but I would like additional information about State and Federal Grants. In 2004, 2005, and 2006, the City of Toledo received between $25,000,000 and $45,000,000 (2006) in State and Federal Grants. In 2007 and 2008, the budget was $300,000 (as shown in the budget submitted for 2007 and 2008). One explanation for 2007 is that the funds are applied to the account once received and they are then applied to the appropriate account. I checked back to the 2007 budget and it showed $45,000,000 for 2006, so that must not always be the case.
So. what is happening here. A couple possibilities:
1. The funds are budgeted on a different line item under a different heading and transfered when they are received and the transfer was not accomplished for 2007 in November when the budget was presented for 2008.
2. The City of Toledo only will receive $300,000 in State and Federal Grants for 2007 and 2008.
3. The City of Toledo did not budget for revenue of these amounts and will end up in a surplus when they are received in 2007 and 2008.
If #1 is correct, I would like to know which line items the amounts are budgeted so we have a real sense of the expected revenues for State and Federal Grants.
If #2 is correct, are we missing available money? Why a drop of $44,700,000 in Grant money for 2007 and 2008.
If #3 is correct, then we would have a surplus of over $30,000,000 not a deficit.
Because I have filed a lawsuit against the City of Toledo, I am not allowed to request this information. Hopefully, someone else will.
If you would like to review the information, it is linked here: GRANTS