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City leaders share devastating fiscal impact of COVID-19 and call for state and federal aid

MAY 4, 2020 | LEAGUE OF CALIFORNIA CITIES

Includes “… A new data analysis from the League shows that cities are facing a nearly $7 billion revenue shortfall over the next two years, which will grow by billions of dollars if stay-at-home orders extend into the summer months and beyond. … Fresno is one of six California cities that meets the 500,000 population threshold to be a recipient of funds from the CARES Act. However, heavy spending limitations on those funds prevent the city from covering revenue loss. …” 

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