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Clinton City Treasurer Says City Bouncing Back Nicely From COVID

COVID is hitting rural America hard in light of the shutdowns from the spring and now further shutdowns in other parts of the country. 

 

Clinton City Treasurer Clint Lichtenwalter indicates the city has, quote - "recovered quite well from [COVID]". Sales taxes, gambling taxes, and other revenues were down but he notes things are bouncing back higher than they were before.

 

 

The 'use tax', or taxes on online sales, has been a huge boost to local governments. According to Lichtenwalter, it wasn't until recently the federal government was forced to taxes to go back to local communities where the purchases originated from.

 

 

Early on in the pandemic, it was feared the City might have to dip into reserves to recover from the pandemic but Lichtenwalter indicates if we can avoid another lockdown to the degree of the first one, the City should end up in a good enough position to not have to do that.

 

 

The City is just over halfway through the fiscal year with more possible mitigations for COVID ahead in Illinois as we hit the cold and flu season when many experts predict another spike in COVID is coming. 

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