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Do states and cities 'need' Biden's $350 billion in direct COVID-19 relief? It depends where you're asking


Do states and cities need Biden s $350 billion in direct COVID-19 relief? It depends where you re asking
Joey Garrison, USA TODAY
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WASHINGTON – One year ago this week, Toledo, Ohio, collected more income tax revenue than at any point in the city s 188-year history.
Then the COVID-19 pandemic hit. 
Businesses closed in the working-class Midwest city of 275,000 people, unemployment spiked, income dropped – and the city s primary source of revenue cratered.
Down $15 million in income tax collections from the record high – an 8% decline – the city dipped into its reserves. It furloughed more than 300 government employees, postponed maintenance on vehicle fleets, delayed street paving and pothole repairs and canceled an incoming class of firefighters. ....

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Do states and cities 'need' Biden's $350 billion in COVID relief?


USA TODAY
WASHINGTON – One year ago this week, Toledo, Ohio, collected more income tax revenue than at any point in the city s 188-year history.
Then the COVID-19 pandemic hit. 
Businesses closed in the working-class Midwest city of 275,000 people, unemployment spiked, income dropped – and the city s primary source of revenue cratered.
Down $15 million in income tax collections from the record high – an 8% decline – the city dipped into its reserves. It furloughed more than 300 government employees, postponed maintenance on vehicle fleets, delayed street paving and pothole repairs and canceled an incoming class of firefighters.
I understand it s a time of sacrifice, said Wade Kapszukiewicz, mayor of Toledo, which has 60 fewer city workers than last year. I know businesses have had to tighten their belts and families have as well. I get it. But what is remarkable is that almost a year into this, we have not received a single penny of r ....

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Murphy said the coronavirus would wreck N.J.'s finances. Here's what actually happened so far.


Murphy’s dire predictions on how coronavirus would wreck N.J. finances far from what’s actually happened so far
Updated Dec 15, 2020;
Posted Dec 13, 2020
New Jersey Gov. Phil Murphy delivers his Fiscal Year 2021 Budget Address at Rutgers University s SHI Stadium in August, maintaining social distancing protocols and following CDC guidelines.Michael Mancuso | NJ Advance Media for NJ.com
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March and continuing over the turbulent weeks that followed, Gov. Phil Murphy predicted the coronavirus pandemic would plunge the state into fiscal and economic peril.
New Jersey could lose $20 billion in revenue, maybe even $30 billion, the governor said. The state could run out of cash by fall. Two-hundred thousand public workers might be laid off. And, in the absence of a second federal stimulus package, funding for public schools may be slashed by $1 billion. ....

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