City facing projected losses of up to $3 million from COVID-19
'We're looking at a situation tonight that may pale in comparison to the next few months'
Series: Coronavirus | Story 84
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Last updated 5/26/2020 at 10pm
Beacon photo by Christopher Kim
The City projects that it will lose $3 million in 2020 due to COVID-19 compared to the year prior.
The City's finance director, Jeff Balentine, warned City Council members of multimillion-dollar losses at their meeting on May 12, although he and the city manager warned the projections were already optimistic.
"(The projections) feel, to us, i...
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