CLEVELAND (WJW) — Cleveland City Council members are demanding answers after a recent audit revealed hundreds of thousands of federal dollars being left on the table; monies many say could have been funneled into the community.
The city of Cleveland’s general bond ordinance covers a number of aspects of the city’s budget, including street repairs, recreational center upgrades and much more. Now, some city council members are questioning why hundreds of thousands of dollars received aren’t being used and will now have to be given back.
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Council members held a a roundtable discussion Monday afternoon on the fiscal health of the city and learned that the city recently paid the federal government back more than $400,000, a penalty they were charged for not spending at least 85% of federal dollars or general obligation bonds.
For example, in 2019, the city was issued more than $45.8 million, but only spent $38 million.