With many businesses shuttered, the coronavirus pandemic will sink government revenues received from Montgomery County’s sales and gas taxes for at least March and April, county officials said this week.
“Montgomery County will at some point here soon, based on recommendations I’ve brought forward to the county commissioners, be putting in budgetary constraints,” said Montgomery County Administrator Michael Colbert.
Colbert said hiring, discretionary spending and travel could all be stemmed.
Sales tax revenues bring in a little more than $100 million a year, or $8.5 million a month, Colbert said.
“We know the March sales tax, the April sales tax are going to be drastically hit,” he said.
Sales tax revenues generally reach the county about three months after collection, Colbert said.
Money to take care of roads and bridges comes from gas tax revenue and license fees, said Paul Gruner, Montgomery County engineer.
“We’re definitely going to see a slowdown in the gas tax revenues,” Gruner said. “We won’t see that for a couple of months because there’s a lag.”
Gruner said less consumption affects revenues. Ohio adds a tax of 38.5 cents per gallon of gas and 47 cents per gallon of diesel.
Gruner said repairs will still be made to roadways, but other projects may be set behind and expenses cut back.
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