The deficits for the next two fiscal years remain unaddressed.
Their governors are pressing the Trump administration to support more relief that directly addresses revenue blows
The city faces the loss of $348 million of revenue because of the economic shutdown, threatening the balanced budgets it needs to avoid state intervention.
The city is projecting a $100 million deficit in its current budget once the public health crisis caused by COVID-19 eases, Mayor Mike Duggan said.
GLWA has the flexibility to come to market as early as this week, but is monitoring the market in light of the COVID-19 impact.