By Jakaria Ross | West Valley View
Avondale Finance Director Lindsey Duncan briefed the city council on the municipality’s budget process and financial status during its Feb. 16 meeting.
The talk covered 2020 through 2021 and addressed the city’s fiscal status through the COVID-19 pandemic.
“Things are shaping up well with the national economy,” Duncan said. “It’s difficult when you compare it with January 2020, though, because as you know it was just prior to the COVID-19 pandemic. At that time, the economy was rolling along well with the Consumer Price Index monthly at 2.5%. This year, January is showing up at about .3%.”
Duncan explained why .3% is a positive statistic.
