De Soto Mayor Rick Walker said he was disappointed that voters on Tuesday rejected a proposed bond issue for a long-planned citywide park improvement plan.
But even if the $3.3 million bond issue were approved, Walker said officials would have had to seriously reconsider whether the project is still feasible as the coronavirus pandemic threatens city revenue.
Some officials worry the metrowide stay-at-home order that took effect Tuesday will cut into consumer spending and residents’ incomes, which could lead to plunging revenues from sales and income taxes.
But even if the $3.3 million bond issue were approved, Walker said officials would have had to seriously reconsider whether the project is still feasible as the coronavirus pandemic threatens city revenue.
Some officials worry the metrowide stay-at-home order that took effect Tuesday will cut into consumer spending and residents’ incomes, which could lead to plunging revenues from sales and income taxes.
Source: Joco 913 NewsRead the full story ↗
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