AKRON, Ohio -- If Akron were to stop collecting taxes and fees, it would run out of money in seven days.

That unusually low cash reserve, equal to about 2 percent of the city's total budget, is one of several reasons Mayor Dan Horrigan's Blue Ribbon Task Force recommended finding ways to raise more money, either by increasing taxes or selling some of the city's property.

The task force, made up of local politicians and business leaders, gave its report Monday. The group admired the city for weathering a series of devastating economic storms including the near total loss of the city's primary manufacturing industry, a real estate crisis and the great recession. But with an estimated $1.2 billion in debt looming overhead, Akron is in a tight financial situation.

Here is a quick look at Akron's spending, by the numbers. Read the full, 58 page report below or click here.

$297,000 -- Annual cost of operating the Akron-Fulton international airport, which in turn collects about $219,000 in rent, fuel sales and other revenue. The task force recommended spinning the airport out into a non-profit corporation, providing an influx of cash in the meantime.

1.4 percent -- Even though Summit County is home to 4.7 percent of the state's population, it contributes 1.4 percent of Ohio's jobs, the report said. The county contributes less than half-a-percent of the state's total capital expenditures (including investments in roads and infrastructure).

$1.4 million -- Spent on economic development programs, out of a total budget of $2.2 million, "Without clear accountability for performance of outside providers."

20.6 percent -- Percentage of Akron residents who hold a bachelor's degree. For comparison, 44 percent of Pittsburgh residents age 25 and older have bachelor's degrees. Only Rockford, Illinois, had a lower college attainment level among comparable cities, the report said.

8 percent -- The percentage of student performance indicators met by Akron Public Schools students in the state's latest report card. (That would be an F.)

12 hours -- The length of time before Akron runs out of water if Akron's water plant were to shut down, with no backups connected to surrounding water systems. This was a major concern the task force identified in the city's public service department.

$10 million -- Annual state cuts under Gov. John Kasich, lost through a combination of local government fund cuts and estate tax cuts.

600 -- The number of workers who left the city's public service department between 2008 and 2009.

$615,000 -- Tax collections increased by $615,000 between 2010 and 2014 (from just $95,237 total in 2010) during an enforcement and collections effort by the city's law department.

$1.4 billion -- Projected cost to fix the city's sewer system. About $750 million has already been committed.