On Tuesday, July 14, 2020, the members of York-East Rotary Club heard a team from the Pennsylvania Economy League speak about Municipal Finances in the time of Covid-19. The team consisted of Lee Anne Clayberger, CEO, Lynne Shedlock, Communications Director and Phil Klotz, Director of Government and Community Affairs. The issue is the financial instability of municipalities that has been created by the effect of Covid-19 on municipal revenues. The estimated loss of revenue to Pennsylvania municipalities will be on the order of -4 to -16% and it is possible that as many as 100 municipalities will become financially non-viable as a result. Part of the problem is that the taxing restrictions on municipalities are based on a population distribution that is no longer accurate. In order to address the problem tax reform by the General Assembly is necessary. The work of the Pennsylvania Economy League ranges from practical support for municipalities and school districts to independent public policy research on issues impacting state and local government. |
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