DuPage County officials are bracing for a steep decline in sales tax revenue as a result of t COVID-19 crisis.
DuPage has a $183.8 million general fund, which includes the budgets of most county offices and departments. Roughly 55% of revenue for that fund was expected to come from sales taxes.
If there’s a 20% reduction in sales tax collections, the county would see its weekly revenue decline by roughly $500,000. If there’s a 60% reduction, DuPage’s weekly revenue would plummet by roughly $1.5 million.
He said officials will examine revenue numbers — and determine what budget adjustments are needed — as the year continues.
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by robert sanchez
april 7, 2020