Local governments are preparing for a financial hit due to the COVID-19 virus, although the extent of the financial impact will not be known for months.
Andrew Lawson, spokesperson for the City of Arkansas City, said officials there anticipate lost revenue due to COVID-19 but will likely not see the hit until May because it takes a couple of months for the city to receive funds generated through its sales tax. Lawson said city officials are already seeing delinquent payments and have frozen all non-essential spending. The city has no upcoming projects that require funding because they are in the process of hiring a new city manager, Lawson said.
(Read more: www.ctnewsonline.com)
