Bills propose $195 million payment to Detroit
Written by DAVID EGGERT, Associated Press   
Thursday, 08 May 2014 22:22
LANSING, Mich. (AP) — Lawmakers introduced legislation late Thursday to use about $195 million from Michigan's savings account to help shore up bankrupt Detroit's pension funds and prevent the sale of valuable city-owned art, as long as the state has continued oversight over city finances for decades to come.

The aid would be paid in a lump sum and is meant to join contributions from private foundations and the Detroit Institute of Arts as part of Detroit's strategy for exiting the largest public bankruptcy in U.S. history. The plan has backing from legislative leaders and Gov. Rick Snyder, but its passage is no sure bet in a bailout-averse, Republican-controlled Legislature.

The bipartisan 11-bill package in the House incorporates parts of the restructuring plan proposed by Detroit's state-appointed emergency manager but also adds extra conditions.

A seven-member commission that would include the governor and Detroit's mayor along with other state leaders and appointees would oversee the city's finances, budgets, debt issuance and revenue estimates for at least 20 years after emergency manager Kevyn Orr is gone.

Fracking firm cleaning up leak in southeast Ohio
Written by Associated Press   
Thursday, 08 May 2014 13:03
COLUMBUS, Ohio (AP) — A Colorado-based energy company was cleaning up hundreds of gallons of oily fluid that leaked into a nearby creek while it was drilling an oil and gas well in southeast Ohio.
An oil-based lubricant known as “mud” spewed from a well head Sunday during drilling for a hydraulic-fracturing well near Beverly, Ohio, just west of Marietta. About 1,600 gallons leaked from the drill site into a creek that is a tributary of the Muskingum River, said Heather Lauer, a spokeswoman for the Ohio Environmental Protection Agency.
Last Updated on Thursday, 08 May 2014 13:06
Casino revenues dip in April
Written by Associated Press   
Wednesday, 07 May 2014 15:22
COLUMBUS, Ohio (AP) — Revenue figures show profits at Ohio’s four casinos took a dip in April.
The numbers released Wednesday show April revenues for each casino were down from March and compared with the same month last year.
Toledo’s casino had the smallest decrease in April revenues from the previous month, dipping to $16.1 million. That’s a 7.5 percent decrease.
Last Updated on Thursday, 08 May 2014 08:49
Ohio leads nation in metal thefts
Written by Associated Press   
Thursday, 08 May 2014 09:37
COLUMBUS, Ohio (AP) — Ohio continues to lead the nation in metal thefts, with 1,446 insurance claims made last year, according to a new report.
A National Insurance Crime Bureau report released Wednesday said the state reported more than 4,000 claims from 2011 through 2013 from homes and businesses, nearly all copper thefts.
Columbus schools cut staff
Written by Associated Press   
Wednesday, 07 May 2014 07:34
COLUMBUS, Ohio (AP) — Ohio’s largest school district plans to cut about 200 positions under nearly $23 million in planned budget cuts.
The Columbus city schools board of education approved the plan Tuesday night, which includes no initial plans for layoffs.
The Columbus Dispatch (http://bit.ly/1kL5KpL ) reports that 93 percent of the cuts will come from salaries and benefits of some of the nearly 6,700 full-time equivalent positions in the district.
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