Economic Impact from COVID-19 May Take Two Years to Hit Local Cities:

Economic Impact from COVID-19 May Take Two Years to Hit Local Cities The COVID-19 pandemic may have placed extraordinary budget pressures on local cities, but a new report released by the Minnesota Office of the State Auditor shows many cities managed to stay on their feet financially. "Things, frankly, were more stable than as I expected them to be," said State Auditor Julie Blaha. The report shows a mix of spending reductions, federal aid and use of fund balances helped many northwest suburban cities in 2020. That… Read More