By Tom Scanlon | Glendale Star
The financial impact of the COVID-19 pandemic is already being seen in state unemployment—more than 100,000 Arizona residents have filed for unemployment assistance.
Though Gov. Doug Ducey’s order allowed restaurants, grocery stores and other “essential businesses” to remain open, most local businesses were ordered to close March 31.
The resulting plummeting sales are likely to put a major dent in the city of Glendale’s revenue stream.
The 2019-20 Glendale budget projects $117 million in sales tax, just over half of the city’s total projected revenue of $230 million (all revenues except property tax). Glendale general fund expense projections totaled $222 million.