Quincy City Council Hears Revenue Shortfall Numbers
The Quincy City Council heard some dismal COVID-19 related financial numbers Monday night.
Comptroller Sheri Ray told the council that, after last month’s prediction of a $2.3 million dollar revenue shortfall for the city, they can expect a loss of another million dollars based on updated numbers.
This would bring the total loss of revenue to ten percent compared to last year.
Ray said those numbers could change again depending on how long the governor’s stay at home order remains in place.
Mayor Kyle Moore told the council he hopes to have some idea by July on what kind of federal financial help might be available for the city.