Moody's Downgrades City Rating Amid Fiscal Strain
Moody's cites reliance on general fund reserves in 2008 a slim cash cushion and potential for ongoing negative revenue as factors in downgrading the city's rating. The failed 0.5 percent income tax hike and continued unemployment pressure keep the financial position under stress into 2010. Income tax revenue is down about 12 percent year to date, with $2 million less than last year and refunds of $700,000 to local businesses for 2008. City lenders aim to end 2009 with $500,000 to $800,000 in reserves. Contact Lisa Roberson at 329-7121 or Iroberson chroniclet.com.
MENTIONED IN THIS ARTICLE
Moody's
General Fund
Moody’s
Target coats grant funds 79 boxes for Franklin students
Elyria store leader Jim Kumor secured a $5,000 Target grant and Coat for Kids support to provide 79 boxes of new coats. Paul Darby of Coats for Kids joined to cover remaining costs, ensuring every Franklin student receives a coat amid high need.
MENTIONED IN THIS ARTICLE
Target
Elyria
Jim Kumor
Kumor
LCCC commits to St Joseph center as tenants grow
Service Director Robert Gilchrist touts LCCC’s commitment as a path to sustainability for St. Joe’s center. City funds 400k to 500k of a 700k grant for HVAC upgrades while a two year deferment of electric bills totals over 686k assists finances. New tenants eyed. several existing tenants may expand. Contact details listed.
MENTIONED IN THIS ARTICLE
LCCC
Robert Gilchrist
St. Joe’s
Gilchrist
College
Krasienko
Corrections Clarifications From The Chronicle Telegram
The Chronicle Telegram invites readers to report factual errors by calling 329 7155, underscoring its commitment to accurate news coverage and transparent corrections.
MENTIONED IN THIS ARTICLE
Chronicle-Telegram
Lottery results and jackpots across states this Thursday
Ohio midday and evening draws report Pick 3 0 3 2 and 5 4 4, Pick 4 0 4 3 2 and 2 6 4 7, Rolling Cash 5 2 8 10 13 35, Ten Oh combinations. Rolling Cash 5 jackpot 110000 and Classic Lotto 8.6 million. Mega Millions hits 20 23 28 30 46 with ball 29. jackpot 100 million. Michigan Daily 3 0 8 9 Daily 4 6 1 1 7 Fantasy 5 3 20 23 30 39. Pennsylvania Daily 6 9 6 Big 4 0 0 3 2 Cash 5 12 14 17 24 26. West Virginia Daily 3 6 8 7 Daily 4 7 3 0 2.
MENTIONED IN THIS ARTICLE
Ohio
Rolling Cash
Ten-Oh
Out of State
Michigan
Fantasy
Pennsylvania
Big
Cash
West Virginia
Chronicle staff directory shorted to essential contacts
The Chronicle lists staff roles and phone lines for editors and departments including Andrew R. Young managing editor Julie Wallace news editor Benjamin Nagy sports editor Kevin Aprile photography Bruce Bishop features editor Kristen Winn and Barb Rusko Stephens director. It also provides advertising and classifieds hotlines with office hours.
MENTIONED IN THIS ARTICLE
A. Cooper
Andrew R. Young
Julie Wallace
Benjamin Nagy
Kevin Aprile
Bruce Bishop
Kristen Winn
County seeks federal funds to keep transit system alive
U S House aide and Jim Oberstar urge approval to tap 1.5 million in Recovery Act funds to operate county buses. Officials warn continued use of unspent capital money may be needed as tolls, cuts, and stalled sales tax hurt transit funding.
MENTIONED IN THIS ARTICLE
U.S. House Committee On Appropriations
Jim Oberstar
D-Minn
U.S. House Committee On Transportation & Infrastructure
LCT
Cordes
Lori Kokoski
New York Central
Depot Street
Thieves Take Family Christmas Gifts in Elyria Burglary
Elyria police seek help identifying burglars who broke into 121 Warren Ave on Tuesday morning and stole 15 to 20 Christmas presents from a 4 year old twin boys family. Toys included Fisher Price and Tonka items wrapped in red SpongeBob paper. No suspects or fingerprints yet. tip line is 440 322 1926.
MENTIONED IN THIS ARTICLE
Elyria
Warren Ave
Alicia Furstenberg
Fisher-Price
Tonka
Andy Eichenlaub
Elyria Detective Bureau
Oberlin College gets 2 million for Apollo Theatre renovation
The Apollo Theatre in Oberlin will undergo a second phase of renovations funded by a 2 million state historic preservation tax credit award to a college subsidiary. Phase II, about 6 million total, includes stage upgrades, a screening room and an educational media center.
MENTIONED IN THIS ARTICLE
Oberlin
Apollo
Oberlin College
Sandra Hodge
Hodge
Danny DeVito
Rhea Perl
Lorain man charged in armed burglary shooting case
Edward McAfee Jr., 22, of Lorain, indicted on two counts each of felonious assault aggravated burglary and having weapons under disability plus one theft count. Eight gun specifications allege the Oct. 23 West 11th Street shooting during an armed burglary. He is held on 250000 bond. Police noted a prior drug trafficking conviction and ongoing weapons charges. He also carries assault and domestic violence records.
MENTIONED IN THIS ARTICLE
Elyria
Lorain
West 11Th Street
Edward McAfee Jr
McAfee
Mark Carpentiere
Charity seeks turkey donations for holiday aid
Elyria Salvation Army captain Paul Pelletier says 600 turkeys and 100 small hams have been ordered for families and singles, but 300 more turkeys are needed. Drop off at 716 Broad St or send cash donations. Call (440) 323-2026 or contact Melissa Hebert at 329-7129 for details.
MENTIONED IN THIS ARTICLE
Elyria
Elyria Salvation Army
Paul Pelletier
Salvation Army
Broad St
Coroner outlines budget strain and out-of-county autopsy costs
Lorain County coroner Scott Matus told commissioners that autopsy expenses are rising with out-of-county cases averaging 1200 per body and total invoices reaching 2400. He warned costs could hit 35000 next year, urging state level budget relief and possible service reductions. He noted the coroner’s 2009 budget of 438000, expects similar in 2010, and plans to cut toxicology tests if needed while retaining essential personnel.
MENTIONED IN THIS ARTICLE
Matus
Lorain County
MetroHealth
Also Mentioned on This Page
Lisa Roberson
Iroberson
Chroniclet.com
Coats
Franklin
Conley
Chronicles.com
Chronicle
Franklin Elementary
South Shore
Alicia Castelli
Acastelli
Chroniclet
the Chronicle
A.C. Hudnutt
Arthur D. Hudnutt
Lorain County Printing & Publishing Company
JoAnn Traut
Mketing
Barb Rusko Stephens
U.S
Lorain County Printing and Publishing Company
East Ave
Steve Fogarty
the Chronicle-Telegram
Cindy Leise
The
Jim Burrows
Cleise
Rhea Perlama
James Burrows
Apollo Theater
Turkey
Broad Street
Melissa Hebert
Mhebert
Sfogarty
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