Tuesday, March 24, 2020

Debating Devastating Coronavirus Economic Impact On Kansas City Budget

An important answer to local politicos who haven't yet taken into account the implications of economic hardship and a historic hit to the tourism industry. Read more:

The Kansas City Budget Amid Coronavirus

The City Council of Kansas City is currently debating its 2020-2021 budget. Mayor Quinton Lucas had suggested some worthwhile cuts but abandoned them pretty quickly. That was before the full weight of the coronavirus became evident. Now it is time for those cuts-and a whole host of other cuts-to be considered again.

11 comments:

Hyperblogal said...

The last eight years of profligate spending has left no give in the budget. In good times save money and pay down debt..so you can borrow, if you have to, in the bad times.
Welcome to the bad times.

Anonymous said...

We told you so!

Anonymous said...

Don't worry next property tax assessment cycle is just 12 months away.

Anonymous said...

The Sly James Bubble has officially blown up.

Anonymous said...

This system is crashing and Sly and his magic bow tie are not going to come riding over the hill on a rainbow unicorn blowing free money out of their asses.

Tracy Thomas said...

Tuohey is spot on. We don't need to finance tourism when we are on lockdown. We don't need to pay the EDC to do songs and dances for NEW businesses, when the existing ones are closed or at death's door.

I know and like some of those staffers. Sorry. It's time for the hatchet. This is like the city and the metro are being hit with an atomic weapon. It's a new day. Start fresh on the budget. Stop parking your past illegally in your present or your future.

Anonymous said...

City budget?

Don't look now, but the state is even worse off.

Then the Federal budget is already lined up to take a $4 trillion hit from bailouts and revenue losses and this is just starting. Also The Fed is adding several trillion more to it's balance sheet.

The game is up.

Anonymous said...

Call wickham and James! They’ll save the day! Hahahaha!

Anonymous said...

We got to keep the momentum going. The momentum!

Waldo In Waldo said...

More money for potholes PLEASE!

Anonymous said...

Excepting police and fire dept. an immediate cut in paychecks of 20% is indicated to deal with this budget crisis.