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Cleveland, OH

Cleveland, Ohio Ranks #14 in our latest report

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Cleveland, Ohio Ranks #14 in our latest report


A brand new report on the monetary situation of the 75 most populous cities ranks Cleveland #14 within the nation. The report is predicated on the cities’ 2021 annual complete monetary stories, which aren’t analyzed on this scale by every other group.

The evaluation by Reality in Accounting, a nonprofit authorities finance watchdog group, discovered Cleveland has $355.3 million out there to pay future payments. This surplus equates to $2,800 for every metropolis taxpayer.

Based on the fiscal watchdog’s annual Monetary State of the Cities report, Cleveland had $1.92 billion in payments and $2.28 billion in out there property to pay these payments after capital and restricted property have been excluded. This resulted in a Taxpayer Surplus™, which is every taxpayer’s share of the municipal surplus after its payments are paid.

Whereas it appeared that Cleveland bettered its standing from 2020, the info will be deceiving. Based mostly upon town’s newest audited monetary report for the fiscal 12 months 2021, Cleveland had $355.3 million out there to pay future payments. The ensuing surplus was $2,800 for every Cleveland taxpayer, incomes the grade of “B” from Reality in Accounting. Importantly, the advance included will increase available in the market worth of pension property, which aren’t thought of spendable besides to pay pension advantages.

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The $355.3 million out there to pay Cleveland’s payments is an improve over final 12 months’s report. The town’s fiscal enchancment occurred primarily as a consequence of a short lived lower in its pension legal responsibility. Cleveland’s pension legal responsibility is calculated by subtracting earned and promised advantages from the market worth of pension property. The pension property’ values have been excessive primarily based on an exceptionally good 12 months within the markets in 2021. The end result was a dramatic lower in Cleveland’s pension legal responsibility and elevated cash out there to pay future payments.

You may learn the total report right here and Cleveland’s particular person report right here



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Cleveland, OH

SWAT situation on Cleveland’s West Side ends peacefully

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SWAT situation on Cleveland’s West Side ends peacefully


CLEVELAND, Ohio (WOIO) – The SWAT team was called to the city’s West side Thursday morning for a possible active shooter situation.

This started around 11 a.m. in the area of Division Avenue and W. 25th Street.

Cleveland police officers were seen going in and out of several apartment buildings.

The situation ended peacefully around 1 p.m.

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19 News has learned shots were fired, but it is unclear if anyone was injured or arrested.



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Cleveland, OH

Following bankruptcy, Ohio restaurant chain closing all locations outside of Cleveland

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Following bankruptcy, Ohio restaurant chain closing all locations outside of Cleveland


An Ohio-based restaurant chain that once boasted multiple Columbus locations, and more than 10 throughout the state, is preparing to shutter all of its eateries outside of the Cleveland area.

According to statement posted to its social media accounts earlier this week by owner Matt Fish, Melt Bar & Grilled will close its Akron and Mentor locations on Aug. 11 and Aug. 25,

The announcement comes after Melt was sued by Easton Town Center—where one of its locations once operated—and after it filed for Chapter 11 bankruptcy

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The eatery, known for its indulgent grilled cheeses, at one point operated two Columbus storefronts, one in the Short North and the other at Easton. Both of these restaurants are now closed.

“This decision was very difficult to make on a personal and professional level. Operating multiple locations is unfortunately not sustainable for the immediate or long-term future,” Fish’s statement reads. “This difficult decision was made to ensure Melt Bar & Grilled will continue and succeed with a much smaller footprint.”

Fish also announced Melt’s Lakewood location will be undergoing renovations between Sept. 2-9.

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Following the closures, Melt’s only remaining locations are in Cleveland, where the concept began. They operate one location in Lakewood, and two other stores on the campus of Case Western Reserve University and Progressive Field.

Want to read more? Check out our print publications, (614) Magazine and Stock & Barrel. Learn where you can find free copies of our newest issues here!





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Cleveland, OH

Fake bomb threat causes evacuation of Cleveland business: Police

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Fake bomb threat causes evacuation of Cleveland business: Police


CLEVELAND, Ohio (WOIO) – The Cleveland Division of Police is investigating a bomb threat made towards a business on the city’s West Side.

Cleveland Division of Police Sgt. Wilfredo Diaz says officers received a call from PPG Industries, located at 3800 W. 143rd St. around 7:30 a.m. Thursday for the threat.

Sgt. Diaz says employees evacuated the building out of caution. Officers did not find any evidence of a threat after investigating.

Sgt. Diaz says the threat remains under investigation.

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19 News received the following comment from PPG Industries:

PPG’s Cleveland, Ohio facility is currently working with local authorities to ensure the safety and security of our employees and the surrounding community, which is our first priority, following a threat the facility received this morning. The site was briefly evacuated while authorities investigated, but has now returned to normal operations. PPG’s Cleveland facility manufactures paints and coatings for use by automotive manufacturers. For additional information, please contact Cleveland authorities.

This is a developing story. Return to 19 News for updates.



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