Last year, real-estate developer and art collector Ron Pizzuti opened the doors to the Pizzuti Collection in the Short North, a venue at which to showcase his vast art collection. After purchasing his first piece of art in 1972, he has since amassed more than 1,500 works by artists ranging from Frank Stella to Ai [...]
Governor: “There is a Much Larger Storm Looming”
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Governor Strickland says he has ordered $540 million in new cuts and other state budget adjustments as revenue shortfalls continue.
Strickland said Wednesday the latest moves come on top of $733 million in cuts he ordered in February.
The governor says he’s asking for a 4.75 percent cut in all state agency budgets. He says vital programs such as a homestead tax cut and an expansion of children’s health care will be maintained.
The Democrat says he won’t ask the Legislature to tap the state’s $750 million rainy-day fund because that money may be needed in the future if the economy continues to worsen. (Copyright 2008 by The Associated Press. All Rights Reserved.)