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Akron committee approves temporary appropriation, rolls over $44 million in short-term notes
Summary
Akron’s Budget & Finance Committee approved a temporary appropriation covering Jan. 1–Mar. 31, 2026 and suspended rules to roll over two short-term notes: $3,000,000 for Good Park subdivision assessments and $41,000,000 as part of the city’s various-purpose note financing.
The Akron Budget & Finance Committee on Monday approved a temporary appropriation to cover city expenses from Jan. 1 through March 31, 2026, and authorized the rollover of two short-term notes totaling $44,000,000.
The temporary appropriation ordinance, presented by Wheeler, was placed on the consent agenda and approved by voice vote. “This is our temporary budget for expenditures from January 1 to March 31,” Wheeler said when introducing the measure.
The committee then considered an ordinance authorizing the issuance and…
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