By Maria Vasquez | Pinal Central
ELOY — There are a lot of unknowns when it comes to trying to figure out trends that could impact Eloy’s budget for the upcoming fiscal year.
Many are out of the city’s control such as the impact Nikola Motors and Lucid Motors will have once they are running at full speed. Also with the prison population down at CoreCivic, how will that decrease impact the city’s tax base?
Council member Dan Snyder stated that with all the construction at Robson Ranch, it could possibly offset the decreased revenue from the prisons.
“I know they took a hit with the pandemic, but as we continue to get residential growth in the city, hopefully it will help offset that a little bit,” Snyder said. “Maybe the expected reduction in population may not be as bad as we think it is. But if the (population) does come in at (17,000) that’s a 10% reduction, if we get to 19,000 we could do some more work.”
