Eyeing deficits, council cuts annual sealcoating, but spares swimming pool the axe...for now
City Manager Joe Jarosek warned council members last week that the combined impact of plummeting oil prices, and declining sales tax receipts due to the coronavirus shutdown, will be significant as the process of preparing a budget for fiscal year 2020-21 begins.
Sales tax receipts, if they stay on pace, he said, are already 40 percent off projected revenue of $645,000. “The overall impact will…