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CG economy doing better than expected

Posted by   /  July 8, 2020  /  No Comments

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By Suzanne Adams-Ockrassa | Casa Grande Dispatch

CASA GRANDE — The effects of COVID-19 on the Casa Grande economy may not be as bad as expected.

Casa Grande Mayor Craig McFarland told the City Council Monday that the city had received the local sales tax figures for the end of the fiscal year. Shared tax revenues for the state had not arrived yet, he said.

Overall, the city received nearly $26.5 million in local sales tax revenue for the year ending June 30, he said, which was an increase over the 2019 fiscal year, which totaled $24.7 million.

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