Like Mayor Panto’s municipality, 74% of municipalities in the United States have already been forced to make unavoidable cuts and adjustments. It has been more than six months since the COVID-19 pandemic hit our country. With the economy at risk, the National League of Cities (NLC) reached out to its members with an opportunity to share how the pandemic impacted the fiscal budgets of cities, towns, and villages. Many cities, towns, and villages’ fiscal budgets rely on tax revenues. But with closing businesses and social life adjusting to a new reality, local leaders face unprecedented challenges to protect the future of their local economies.
(Read more: CitiesSpeak)
