April 23, 2020·Ranson Financial·1 min read
The city of Olathe is planning widespread two-week furloughs for hundreds of employees over the next few months.
It’s the same move other metro governments across the metro face with tax revenues falling.
About half of Olathe’s revenue comes from sales tax. With restaurants, shopping centers and hotels closed, Olathe is looking at an $18 million deficit for 2020.
The multi-million dollar question is: How does the city meet that financial challenge during this pandemic?

Source: fox4kc.com | FOX 4 – WDAFRead the full story ↗

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