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From YouTube: Board Wrap-Up: COVID-19's Impact on Revenues
Description
Sept. 2020: Sobering Report on COVID-19’s impact on County Revenues
A
B
So
it
was
indeed
sobering
and
I
was
listening
to
your
intro
actually,
so
this
wasn't
a
decision
that
we
made
today
at
the
board
meeting,
but
I
think
in
many
ways
it
was
one
of
the
most
important
issues
that
we
dealt
with.
It's
it's
preparing
ourselves
and
preparing
our
community
and
letting
them
know
what
we
face.
So,
yes,
the
manager.
B
You
know
that
way
back
when
in
march,
or
so
he
threw
out
his
410
plus
pages
of
budget
carefully
prepared,
which
you
know,
as
mark
had
said,
was
a
a
quaint
artifact
of
history
and
we
embarked
on
this
adventure
so
what
he
did
say
so
that
budget
that
he
presented
was
kind
of
like
an
addendum
of
12
pages,
which
we
finally
adopted,
and
we
were
planning
to
come
back,
and
this
is
our
first
time
to
come
back
and
see
how
things
are
actually
going.
At
that
time.
B
Staff
was
sort
of
thinking
that
you
know
our
revenues
were
going
to
take
a
dive
boom,
and
then
we
were
going
to
kind
of
recover
from
the
virus
and
we're
going
to
come
back
up.
Well,
we
all
know
that
the
virus
is
not
going
away
anyway,
any
time
soon
and
that's
a
whole
issue
on
the
obviously
how
we're
handling
it
as
a
nation
on
the
federal
level
and
everything
else.
B
But
what's
happened
is
we're
going
to
dive
and
then
we're
kind
of
coming,
but
it's
kind
of
a
slow
increase
and
some
sectors,
of
course,
are
not
recovering
at
all
right
now,
so
revenues
are
down
even
more
and
it's
looking
like.
We
have
a
really
significant
shortfall
for
you
know
gap
for
this
year
and
of
course
we
cannot
run
a
deficit.
B
So
already
a
good
number
of
months
into
the
fiscal
year
starts
in
july.
Already
here
in
september,
we're
down.
I
think
the
total
is
about
60
million.
I
think
for
us,
it's
28
to
38
million
and
then
that
there's
a
gap
for
the
schools-
you
add
it
all
together,
we're
looking
at
you
know:
60
million
dollar
gap
plus
or
minus,
and
we
have
to
make
that
up
somehow
before
the
end
of
the
fiscal
year,
which
is
next
july.
B
So
we
have
a
number
of
levers
and
that
was
kind
of
presented
with.
I
think
you
know
we
have
every
year
we
have
carryover,
so
the
carryover
usually
goes
to
help
build
the
next
budget,
make
it
a
little
easier
and
also
goes
into
a
few
major
issues
like
affordable
housing
and
allows
us
to
increase
our
affordable
housing
investment
fund
this
year.
I
think,
probably
a
lot
more
of
it's
going
to
go
into
just
simply
filling
this
budget
gap
that
we've
got,
but
it
doesn't
begin
to
fill
it.
B
We
have
gotten
some
you
know
pulling
back
on
on
expenses
and
what
we're
doing
we
may
need
to
be
doing
more
of
that.
So
this
is
just
kind
of
a
little
foreshadowing
for
the
presentation
that
we're
going
to
be
getting
in
october,
when
we
will
know
more
and
then
I'll
turn
it
over
to
katie,
because
I'm
sure
she's
got
you
know
some.
It's
interesting
we're
kind
of
different.
This
is
my
24th
budget.
Maybe
my
25th.
I've
got
to
figure
out
coming
up,
it'll
be
my
25th.
This
is
the
hardest
one.
B
I've
ever
seen,
I'm
anticipating
it
being
really
rough
next
year.
So
much
depends
on
what
happens
in
november.
So
what
we're
planning
on
now
is
no
more
money
from
the
federal
government,
which
is
what
part
of
what
makes
this
really
hard
and
the
money
we
have
gotten
so
far,
which
has
been
helpful,
has
to
be
spent
by
the
end
of
december
by
the
end
of
the
calendar
year,
and
it
has
to
go
for
certain
expenses,
so
it
doesn't
help
us
backfill
some
of
these
huge
gaps
that
we
have.
B
If
the
democrats,
you
know
win
and
we
win
big
in
november
and
can
start
controlling
how
this
country
runs
a
bit,
I
think
there'll
be
a
lot
more
support
for
local
governments.
We
certainly
while
we're
hurting
a
lot
of
places
are
hurting
a
whole
lot
more
than
we
are.
I
mean
I
keep
reminding
myself
if
this
is
tough
for
us.
What
is
it
like
for
places
that
don't
have
you
know?
We
have
some
contingency
funds.
We've
got
some
things.
We
can
fall
back
on
a
lot
of
places
do
not
so
that
is
fascinating.
B
If
it
ends
up
that
the
that
you
know
we
we
don't
win
big,
you
know.
Maybe
we
maybe
we
take
the
white
house,
we
don't
take
the
senate
or
something
like
that
or
god
forbid.
We
don't
take
the
white
house,
then
I
think
it's
going
to
be
really
really
difficult.
We
will
be
in
a
very
different
world
and
we'll
have
to
deal
with
that,
but
I'm
still
hopeful
for
november
and
hopefully
we
will
get
through
this,
but
it's
not
going
to
be
easy,
so
katie
I've
kind
of
gone
along.
What's.
C
Your
perspective,
yeah,
you
know,
I
do
think
one
thing
that
maybe
is
worth
noting
about
what
you
just
shared
is
you're,
absolutely
right
right.
There's
restrictions
on
what
those
relief
dollars
from
the
the
first
and
only
relief
package
can
be
spent
on,
but
I
think
it's
really
important
to
note
that
they
can
be
spent
on
eviction
prevention,
food
assistance,
social
services,
and
so
we
have
been
incredibly
committed
to
those
activities.
Allocating
at
this
point
millions
of
dollars
to
make
sure
that
people
don't
lose
their
housing.
C
Don't
go
hungry
that
our
kids
do
have
access
to
the
internet.
That
is
a
good
use
of
that
that
relief
money.
We
will
continue
to
do
that
and
so
for
anybody
who
may
be
dependent
or
or
in
need
of
those
resources
from
the
county.
I
think
that's
one
of
the
most
important
things
that
we
can
communicate,
because
that
is
an
allowable
use
of
care's
money.
It
will
not
be
subjected
to
cutbacks,
we
have
cutbacks.
We
are
still
here
to
help
and
I
think.
C
And
I
think
you
know
from
here
I
think
you're
right
libby,
we
do
have
options
right.
We
have
what
might
be
close
out
money.
I
know
those
schools
will
as
well.
Our
manager
maintains
a
covered
contingent.
I
know
there
is
wishful
thinking
in
some
sectors
of
the
community
that
we've
got
a
giant
pile
of
break
class
in
case
of
emergency
money.
That
is
not
the
case,
and
I
know
that
our
partners
in
schools
don't
either.
C
C
Our
manager
are
working
with
the
superintendent
and
the
school's
finance
team
to
try
to
make
sure
that
our
estimates
are
as
accurate
and
frankly,
conservative
as
possible
and
and
to
try
to
understand
that
the
different
sources
of
funds
we
might
be
able
to
tap
into
or
the
hopefully
relatively
painless
cuts
that
could
be
made
in
fiscal
21..
There's
not
an
imminent
action
before
either
the
county
board
or
school
board
to
to
make
big
cuts
in
our
adopted
fiscal
21
budgets
right.
B
And
I
think
yet
the
best
information,
a
real
update
will
be
in
november.
I
mean
just
traditionally
that's
when
a
lot
of
the
numbers
start
to
become
a
lot
clearer
because
of
the
taxes
and
things
and
that
will
be
after
the
election,
so
I'm
hoping
by
november,
we'll
have
a
better
idea
october.
Will
you
know
as
time
goes
forward,
we
get
we
get
better
and
better
pictures
of
what
what's
happening
and
where
we're
going
to
be.
But
it's
still,
we
know
it's
going
to
be
difficult.
B
We
don't
know
how
difficult,
but
I
think,
katie,
as
you
pointed
out,
we're
working
really
closely
with
our
partners
in
the
school
system
and
we
are
absolutely
determined
to
make
sure
that
people
are
not
out
on
the
street
or
going
hungry
and
we're
going
to
continue
to
work
forward.
It's
just
going
to
be
not
easy,
not
easy.
A
Sure
and
the
loss
of
revenue
is
coming
from
such
a
mix
of
sources.
You
have
your
property
taxes,
you
have
your
sales
taxes,
you
have
the
transient
occupancy
taxes,
since
people
are
not
staying
in
hotels
as
often
as
we
had
anticipated
or
hoped
they
would,
and
I
guess
the
big
question
is
we
just
don't
know
how
long
we're
going
to
be
in
this
kind
of
situation.
B
No,
we
don't
we
it's,
and
it's
been
interesting
that
some
some
sectors
have
done
pretty.
Well,
you
know
it
turns
out.
I
think,
we're
more.
I
think
I
read
some
we're
more
able
to
work
virtually
here
than
anywhere
else
in
the
country.
We've
got
more
people
who
can
work
virtually
so
obviously
that's
an
advantage.
We've
got
some
some
businesses
they're
doing
just
fine
amazon
would
obviously
be
one
of
the
examples
right.
So
there
are
a
number
of
businesses
here,
companies
here
that
are
doing
that
are
doing
well.
B
We
have
enough
the
way
our
restaurants
have
pivoted
and
all
of
the
work
that
our
aed
and
our
our
cphd
have
been
doing
our
you
know
our
technical
staff
have
been
doing
to
help
them
have
the
outside
seating.
We
are
working
to
find
a
way
for
for
restaurants
to
maybe
do
some
covered
or
or
protected
seating,
even
in
the
in
the
winter
months,
working
very
closely
with
the
business
community.
So
a
lot
of
places
are
not
doing
as
badly
as
you
would
think.
A
Okay,
well
on
that
note
that
will
bring
us
to
the
end
of
another
county
board,
wrap
up
libby
and
katie.
Thank
you
both
very
much
for
joining
us.
Today.
We
will
be
back
in
october,
with
another
county
board
wrap
up
with
the
latest
deep
dive
on
the
board's
actions.
Until
then,
stay
safe,
don't
forget
to
register
to
vote
and
if
you
prefer
to
apply
for
that
mail-in
ballot
for
the
november
third
election
just
visit
the
county
website
arlingtonva.us
for
more
information.
Thanks
for
joining
us,
we'll
see
you
in
october
thanks
a
lot.