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City officials worried about a drop in tax collections because of COVID-19

Posted: Tue, Apr 7, 2020 12:37 PM

City of Decorah officials are trying to gaze into the crystal ball to be able to plan for reductions in certain tax collections.  City Clerk/Treasurer Wanda Hemesath says state officials are predicting a 25 percent reduction in future road tax collections because of the drop in travel brought on by the coronavirus epidemic.

Hemesath says the city's hotel/motel tax collections could see an even greater impact.  She says the city should get a better picture of the financial impact of the coronavirus in late April.