Glendale’s Recent Fiscal Year Seems Better Than Expected

Financial contraction for the city’s government does not appear to have been as severe as anticipated, based on updated numbers on the close of the 2019-20 fiscal year that the City Council reviewed on Tuesday.
To be sure, the city did experience revenue loss late in the period as a result of the coronavirus pandemic, which planners and the council adjusted for in the spring. However, the final numbers seem poised to land somewhere between those in the original budget and the revised projections that officials made after the pandemic shut down large parts of the economy.

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