Tag: revenue

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Just how much did last year set the city’s budget back?

Larry Propst, by his own admission, is not an economist. His job, as city director of finance, is to help set the city budget — he calls it “entirely different” from the work of an economist. And on March 14, 2020 — a Saturday — Propst watched as the city of Harrisonburg declared a state of emergency as COVID-19 spread nationwide. Over the next several months, Harrisonburg administrators — Propst’s office included — would watch the city’s finances plummet as tax revenue from restaurants, hotels and other businesses shriveled. Within weeks, millions of city tax dollars vanished.

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