CHICAGO — The police union in ­Toledo yesterday lost a bid for a temporary restraining order against the city following the approval of a fiscal 2010 budget that amends union contracts to help close a $48 million deficit and avoid a takeover by Ohio.

The roughly $230 million budget comes after months of debate among new Mayor Mike Bell, the City Council, and city employees. To balance the budget, the city re-negotiated its main firefighters’ contract, amended — without union agreement — its police contract, reduced to 75% from 100% a tax credit for residents who work outside the city, and increased the garbage fee.

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