Toledo Mayor Wade Kapszukiewicz struck an optimistic tone during his State of The City address Thursday night. “Despite all of the adversity and the challenges we faced in 2020, Toledo was able to build on its momentum, deliver core city services, and position itself for even bigger accomplishments in 2021” Mayor Kapszukiewicz said. “Toledo is resilient, we fight back, so it is no surprise to me that we took everything 2020 threw at us and we are still standing.”
“The story of 2020 is not all the bad things that happened to us – it is how we persevered,” Mayor Kapszukiewicz said. “Despite everything that happened to us, one year into the pandemic, Toledo boasts relatively low unemployment, a number of impressive economic development victories, and a plan to improve our neighborhoods and fix our residential roads.”
“Because of the hard work we did in 2018 and 2019 to get our financial house in order, we were able to better withstand the downturn of 2020,” the mayor said. “We have a $70 million rainy day fund today, when ten years ago we had a negative rainy day fund. A year from today, after two years of COVID-19 challenging us, we will still have 10 times more in our rainy day fund than we had five years ago, before the pandemic began.”
You can watch the entire speech at this link 2021 State Of The City Address