Borough waits on state to share federal pandemic relief funds
June 17, 2021
The borough estimates its revenue loss due to the pandemic and its hit to economic activity in town could total almost $2.2 million by June 30, 2022. That total for lost revenue at the marine service center, port and harbors, utilities, the Nolan center and museum and other borough accounts does not include an estimate for any drop in sales tax revenues.
The $2.2 million covers fiscal years 2020-2022.
To help fill the pandemic-caused drop in borough revenues, Wrangell is scheduled to receive $485,000 in federal aid under the American Rescue Plan, which Congress approved and the president si...