Suffolk County issued the following announcement on April 17.
Suffolk County Executive Steve Bellone today announced the creation of a Fiscal Impact Task Force due to the COVID-19 outbreak. The task force is an independent panel that will conduct an extensive review of the County multi-year plan and determine the financial impact that the pandemic has had upon it. The County Executive appointed four veterans of public and private sector finance and governmental operations to serve on the task force.
“The economic devastation brought on by this pandemic is having a dire impact on state and local governments,” said County Executive Bellone. “As tax revenue declines, municipal budgets that rely on this steady stream of funding will face significant challenges to fund governmental operations. This task force brings together a group of independent financial experts from across the region to examine the full impact that COVID-19 is having on county finances. I am grateful for the members’ willingness to serve in a voluntary capacity and look forward to the work that they will be doing.”
Original source can be found here.
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