California – City To Use Coronavirus Relief Funds to Offset Pandemic-Related Tax Revenue Deficit

The city of San Diego will use federal and state COVID-19 relief funds to offset major budget cuts proposed last month to manage pandemic-related revenue shortfalls, San Diego Mayor Kevin Faulconer announced Tuesday. The city faces a budget deficit exceeding Continue reading California – City To Use Coronavirus Relief Funds to Offset Pandemic-Related Tax Revenue Deficit

New York- Manhattan Loses Sales Tax Revenue, Cancels Summer Programs APRIL 27, 2020

With COVID-19 progressing, Manhattan estimates a $3 million to $8 million loss in 2020 sales tax revenue. The first three months of 2020 showed sales tax revenue was strong in Manhattan, however, COVID-19 deterred any upcoming financial growth. Dennis Marstall, Continue reading New York- Manhattan Loses Sales Tax Revenue, Cancels Summer Programs APRIL 27, 2020