University Heights’ finances looking better after city takes in additional $461,000 in CARES Act money
UNIVERSITY HEIGHTS, Ohio — Although it is uncertain what lies ahead, the city’s finances are looking a lot better these days after University Heights recently received an additional $461,000 in federal CARES Act money to help it deal with COVID-related expenses.
Gov. Mike DeWine, by signing into law House Bill 614 Oct. 1 allowed for the distribution of an additional $650 million to local governments across Ohio, bringing the total of money distributed to Ohio governments to $1.2 billion. The added $461,000 means that University Heights has now received just over $1.1 million in relief money.
“At first, we didn’t know if we’d get any (CARES Act) money,” said Mayor Michael Dylan Brennan. But, now that the city has been granted the money, Brennan, in his report at the start of Monday’s (Oct. 5) City Council meeting, told of how the aid has significantly closed the gap on what was once a projected $2-million deficit the city faced.
With the added funding, Brennan also plans to pay city employees money they had to forego by working four-day weeks over the course of 20 weeks, beginning in June. Brennan announced at the council meeting that the furloughs, that were to carry on until Oct. 31, were ending earlier than planned.
Initially, when faced with a possible $2-million shortfall, the administration and council worked to reduce the city’s spending by about $1 million. The reduction was made, among other things, by putting off this year’s road repair program, instituting the furloughs, and, due to the pandemic, not having to spend money on opening the city’s pools or in programming summer activities.
“While tax revenues remain down from this point last year,” Brennan reported to council, “for everything we have been through, we are down just 1 percent from this time