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Revenues for Monticello Remaining Steady During Pandemic

Revenue shortages were anticipated by most communities through the coronavirus pandemic but one Piatt County community says they are pleasantly surprised by what they are finding.

 

Callie McFarland is the Director of Community Development in Monticello and indicates her surprise to find revenues for the City have been steady throughout the entirety of the pandemic.

 

 

Many communities anticipated having to dip into any reserves they had built up and McFarland says Monticello is fortunate that they should not have to do that this year. She notes though their capital budgets down the road may not be as great.

 

 

McFarland gaming just resumed across Illinois but those revenues for the City are going to be much less than predicted. She believes reserves are in a good place and will have to do a thorough examination in a few months when their budgeting process begins again. 

 

It was just a few years ago the City adjusted their fiscal calendar from January 1 to December 31. 

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