By Tim Schneider, Toledo Regional Chamber of Commerce Toledo Mayor Wade Kapszukiewicz’s proposed 2021 operating and Capital Improvement Program (CIP) budgets are expected to be referred to committee at Toledo City Council’s regular meeting at 4:00 p.m. on Tuesday, December 1. Ordinance 470-20 estimates operating expenditures of $283,118,577 which is $14.2 million higher than the amended 2020 budget that included adjustments in response to COVID-19. It is balanced using a transfer of $11 million from the CIP fund and almost $23 million from general fund reserves. Income tax revenue is expected to generate $178.4 million, which is $7.7 million higher than the amended 2020 budget, but still lower than estimates prior to COVID. Separately, $17 million in new revenue for roads is expected from the additional 0.25 percent income tax approved this year. Ordinance 471-20 includes CIP expenditures of $18.7 million for residential roads and $20.3 million for other capital projects in 2021. Hearings on both the operating and CIP budgets, which can be view here, are scheduled for December 7 at noon, December 14 at 5:00 p.m., and December 16 at 5:00 p.m. The proposal sets January 19, 2021 as the target date for passage of the budgets, while the statutory deadline for passage is March 31, 2021.
By Tim Schneider, Toledo Regional Chamber of Commerce Registration is now open for the 20th edition of the Toledo Regional Chamber of Commerce’s public service leadership program which begins in January. The Institute for Leadership & Advocacy is designed to build and strengthen our region’s leaders to help them serve their communities and work with public officials. The program is the longest-running of its kind in the state and has to date graduated more than 400 leaders in our region.
By Amanda DePerro, communications manager
On Nov. 9-13, the Toledo Regional Chamber of Commerce’s EPIC Toledo, northwest Ohio’s largest young professional organization, held its annual Leadership Summit presented by Buckeye Broadband. This year has been full of changes and surprises, and this year’s Leadership Summit was no different. The event, which is typically held on one day in fall, this year filled an entire week of leadership development, networking and exciting virtual sessions.
By Tim Schneider, Toledo Regional Chamber of Commerce At its regular meeting at 4:00 p.m. on Tuesday, November 17, Toledo City Council is expected to vote on Ordinances 281-20 and 283-20 which would amend the city tax code with renewal of the city’s temporary 0.75 percent income tax, and a new temporary 0.25 percent income tax for roads and bridges, following both measures being approved by Toledo voters at the November 3 general election. Beginning January 1, 2021, the income tax for those living and working in the City of Toledo will be 2.50 percent.
With Halloween behind us and Thanksgiving ahead of us, November has come! We're thrilled to celebrate our newest members who joined the Toledo Regional Chamber of Commerce in October 2020. By joining the Toledo Chamber, you help to support our mission of advocating for a thriving business environment, leading the charge to attract and retain talent in the region, and connect business with resources and opportunities for growth.
By Tim Schneider, Toledo Regional Chamber of Commerce At its regular meeting at 4:00 p.m. on Wednesday, November 4, Toledo City Council is expected to vote on Ordinance 441-20 which would approve the sale of a 6.5 acre city-owned parcel in the Triad Business Park to Louisville Title Agency for N.W. Ohio, Inc. for $292,950. The offer is on behalf of an un-named company proposing to locate manufacturing operations to the site that could involve construction of a $12 million facility and creation of 20 full-time jobs. The property is located within the Maumee-Monclova-Toledo Joint Economic Development Zone.
By Tim Schneider, Toledo Regional Chamber of Commerce At its regular meeting at 4:00 p.m. on Tuesday, October 20, Toledo City Council is expected to vote on Ordinance 397-20 which would approve a new lead-safe program for residential rental properties with one to four units and childcare homes built prior to 1978. The ordinance would require such properties to obtain a lead-safe certificate by passing a visual lead hazard and dust wipe inspection. The certificate would be valid for five years, but fully abated properties would be eligible for a 20-year certificate. The ordinance would task the Department of Neighborhoods with coordinating the program, the Division of Code Enforcement with enforcing the program, and the Toledo-Lucas County Health Department with issuance of certificates. The compliance deadline for properties in high-risk census tracts would be June 30, 2022, and a five-year phase-in schedule would be established for remaining properties.
On Oct. 15, 2020, Toledo Mayor Wade Kapszukiewicz announced that the second round of the Emergency Microenterprise Recovery Grant (EMRG) would begin to accept new applications at 9 a.m. on Oct. 19. The first round of the grant opened May 11 and closed May 24, and the second round will be the final round of the EMRG. A deadline for the application period has not been announced.
By Amanda DePerro, communications manager On Oct. 8, the Toledo Regional Chamber of Commerce held its fifth and final session of Talent Resource Week called Employee Resource Group Best Practices. The highly anticipated session focused on local business Owens Corning’s model of implementing and utilizing employee resource groups, encouraging employees to bring their full and true selves to the workplace and building strong relationships with others with a similar background.
By Amanda DePerro, communications manager On Oct. 8, the Toledo Regional Chamber of Commerce’s Talent Resource Week began its final day with the session Micro-internships and How Your Company Can Utilize Them. This session is especially relevant today, as traditional internships are difficult to achieve during the pandemic and when many university students have not returned to campus
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