State Comptroller Thomas P. DiNapoli is sounding the alarm that the impact of the coronavirus on businesses has "decimated" local sales-tax revenue this year and is "blowing holes in the budgets of municipalities" across the state.
"Just as our Main Street small businesses can't rebuild alone, our local governments don't have the means to do this themselves," he stated in an Oct. 6 report documenting the deterioration of municipal finances across the state. "Direct aid from the federal government is needed to help our communities recover," he added.
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