Akron Proposes $368 Million Capital Budget

Akron's proposed 2025 capital budget totals $368 million, emphasizing infrastructure investments including water and sewer systems, community centers, and housing projects. Mayor Shammas Malik's administration has kept general obligation debt below $12 million for the second consecutive year, highlighting fiscal responsibility. Key initiatives include resurfacing 48 miles of roads, demolishing blighted buildings, and constructing new affordable housing units, with over $1 million allocated for 163 new units and the rehabilitation of 101 existing ones. The budget also introduces community gaming rooms in four centers and allocates funds for lead service line replacements. The city aims to gather further community input before the budget's finalization, which is due by February 15. Funding sources are primarily state (65%), local (23%), and federal (10%) revenues, with a focus on addressing community feedback gathered during ward meetings.