From the Desk of the Town Manager
2020 COVID-19 Recommended Fiscal Plan
As identified on March 16th, there is a realistic risk that the economic impacts of COVID-19 could result in a potential tax impact. To best plan to mitigate these potential impacts we should evaluate the four basic categories which could be impacted by a significant or catastrophic economic downturn and their impacts on the tax rate or cashflow. In addition, it is important to realistically evaluate if there are any potential negative outcomes in these areas and the measure in which they could be controllable or mitigated. CLICK HERE to learn more.
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