Los Angeles County could see a $1-billion decline in sales tax revenue this fiscal year, which ends June 30, because of the massive economic impact of the coronavirus outbreak.
The decline is expected to surpass $2 billion between now and the end of fiscal 2021, according to county estimates released Wednesday.
“The budget outlook is critically important for Los Angeles County to allocate resources effectively and to plan for the essential programs and services residents rely on in all of our communities,” Supervisor Kathryn Barger, chair of the L.A. County Board of Supervisors, said in a news release. “As we continue to collaboratively address the COVID-19 public health crisis, we remain committed to meeting the needs of residents across L.A. County.”Chief Executive Officer Sachi A.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Los Angeles County has another record day of deathsAt least 42 more Los Angeles County residents have died from coronavirus, health officials said Wednesday, in a second consecutive day of biggest one-day spikes.
Read more »
Garcetti: Sporting events, concerts unlikely in Los Angeles until 2021LA Mayor Eric Garcetti said today that large gatherings like sporting events and concerts are unlikely to occur until 2021 due to the coronavirus pandemic
Read more »
Restaurant-markets in Los Angeles where you can shop for groceriesMany Los Angeles restaurants have reinvented themselves as one-stop markets for prepared food, fresh produce, pantry staples and household items during the coronavirus shutdown
Read more »
Prince Harry's Move to Los Angeles Has Been 'Stressful,' Source SaysPrince Harry is going through a tough transition after exiting from the royal family and moving to Los Angeles, a source tells ET.
Read more »
Petra Ecclestone reveals she sold £97million Los Angeles mansion for a 'fresh start'Tamara Ecclestone's sister Petra Ecclestone revealed why she moved out of the £97million Spelling mansion in Los Angeles
Read more »
89% of L.A. nursing homes with coronavirus outbreaks have a history of infection problemsCoronavirus is attacking nursing homes with poor infection track records in Los Angeles County.
Read more »