Help is available for those impacted by Covid-19 - News Summed Up

Help is available for those impacted by Covid-19


March 2020 General Fund receipts were $41.3 million higher than the certified forecast. While the amounts were above original projections, there are some important points to keep in mind when looking at those figures. Another consideration is that the current "certified forecast" for April was based on the traditional April 15 income tax filing deadline. The combination of the virus and the new tax deadline could cause April receipts to be much lower than the certified forecast when that report comes out in May. It will be a challenge to determine how much is due to the change in the income tax filing deadline and how much is due to the COVID-19 outbreak and economic conditions.


Source: Daily Sun April 17, 2020 15:00 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */