City prepares bare-bones budget for FY 2020-21
Budget discussions didn’t last long at Monday evening’s City Council meeting. The city had received its certified appraisal values for 2020, reflecting a drop in total taxable values from $130 million last year to $126.4 million now. Sharp declines in sales tax collections—which were down 21 percent in June, and are expected to worsen as the effect of COVID-19 shutdowns becomes clearer—will also…