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The city and state haven't put dollar amounts on what they need but both were already facing budget and pension stresses before the public health crisis struck.
March 20 -
Hotels and restaurants are losing as much as 50% of their business in the District of Columbia due to the coronavirus.
March 17 -
"I think it's way too early to determine how we're going to adjust the budget," the mayor said.
March 17 -
Chicago Mayor Lori Lightfoot's administration is stressing the city's improved liquidity and jolt of refinancing savings provide a cushion to manage the near-term tax losses.
March 16 -
The comptroller, citing projected losses in entertainment and tourism while the city is virtually closed, called for a savings target of 4% of tax levy-funded agency spending.
March 16 -
Cities and states that rely on hotel taxes and tourism-related revenues will lose billions as events and attractions shutter to slow the spread of COVID-19.
March 13 -
The New Jersey state teachers' union and state Senate President Steve Sweeney announced an agreement to lower school district and employee healthcare costs.
March 13 -
Chairman Patrick Foye says that the outbreak has no material effect for now, and the authority promises to continue timely disclosure.
March 10 -
Mayor Jim Kenney’s fifth budget proposal seeks to shield the city from a potential recession.
March 6 -
The city on Long Island tapped municipal finance veteran Donna Gaden to steer a turnaround following years of structural deficits.
March 4