Lorain faces uncertain fiscal path after 2025 budget
Lorain's auditor warned the city cannot cut its way to solvency beyond 2025. The 2025 general fund is seen ending with 1 to 2 million in cash, with expenses forecast at 45 to 46 million against revenue of about 41.7 million. ARPA funds end in 2025, rising property taxes plus income tax steady revenue help, but 2026 onward requires revenue growth and new development.
MENTIONED IN THIS ARTICLE
Carissa Woytach
Chronicle-Telegram
Lorain
Joe Koziura
Koziura
Rey Carrion
Jack Bradley
Fire
United Steelworkers
Mary Springowski
KartPlex
Dan Nutt
4Th Ward
Ancora pushes independent slate to block U S Steel Nippon deal
Cleveland asset manager Ancora Holdings Group with a $10 billion base stake seeks to oust U S Steel leadership and replace the board with nine independents led by Alan Kestenbaum. It targets pursuing Nippon breakup fees and a turnabout strategy, while U S Steel defends the Nippon merger and lawsuits unfold.
MENTIONED IN THIS ARTICLE
Ancora Holdings Group
U.S. Steel
Nippon Steel
Cleveland Cliffs
Nippon
U.S
Pittsburgh
David Burritt
Joe Biden
Steeltown USA
Biden
U.S. Steel and
Ancora
Alan Kestenbaum
Steel
Donald Trump
Trump
America First
United Steelworkers
Ohio Steelmaker
Laurence Goncalves
David McCall
U.S. Steelworkers Union
Cleveland-Cliffs
Goncalves
U.S. Steel Corp
Lorain
Auditor Keith Faber Launches Ohio Attorney General Bid
Republican Auditor Keith Faber entered the race for Ohio attorney general. He cites his two terms as auditor with 129 convictions and billions uncovered in pandemic unemployment fraud. Faber, a Celina native, says he will focus on public safety and backing police and prosecutors.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Keith Faber
Faber
LaRose
Donald Trump
Ohio General Assembly
Ohio Senate
Celina
Oakland University
Ohio State University
Akron man charged in pair of Lorain County chases
Logan Lindsay, 35, of Akron, led Elyria police and Lorain County deputies on two high speed pursuits a week apart. Police found a stolen Akron vehicle in the Highlander after a chase reaching 93 mph in a 50 mph zone. Lindsay and Brittany Delong were arrested in North Ridgeville with bonds set at 15000 and 5000 respectively.
MENTIONED IN THIS ARTICLE
Owen MacMillan
Chronicle-Telegram
Akron
Lorain County
Logan Lindsay
North Ridgeville
Elyria
Lindsay
Lorain
Uuel UL
Llulool
Aman
Silver Highlander
Highlander
East 28Th Street
Sheriff’s Office
Brittany Delong
Sheetz
Lorain Road
Delong
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Chroniclet
U.S. Steel-Nippon
Dave Yost
Mike DeWine
Frank LaRose
Robert Sprague
Sprague
DeWine
Griswold Road
Hic Ermicar
Omacmillan