Agenda

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ARF- 6028

2. D.

Work Session

Meeting Date:	04/28/2020
Submitted By:	James Menlove, County Manager
Department:	County Manager

Information

Request/Subject

The closure or restriction of a significant number of businesses in Arizona due to the Coronavirus (COVID-19) has had a negative impact on local, county, state, national and worldwide economies.

Background Information

On March 11, 2020, the World Health Organization (WHO) declared the COVID-19 outbreak a global pandemic. Arizona Governor Ducey also issued a Declaration of a State of Emergency COVID-19 on March 11, 2020. Further, Governor Ducey issued Executive Order 2020-09 that eliminated all on-site dining at restaurants. Finally, other executive orders have eliminated or restricted many other businesses. The business restrictions will have a significant negative impact on Gila County revenues.

Evaluation

Due to the significant impacts COVID-19 has caused to the economy, Gila County Administration and the Finance Department are closely monitoring the financial impacts and are making continuous projections these impacts will have on the financial position of Gila County.

Conclusion

N/A

Recommendation

N/A

Suggested Motion

Information/Discussion regarding the Coronavirus (COVID-19) outbreak and the resulting economic impact and financial projections for Gila County for fiscal years 2019-20, 2020-21 and beyond. (James Menlove)

Attachments
Slide Presentation Re COVID-19 4-28-20
General Fund Revenue Projections FY2019-20