NewsCovering Colorado


City of Pueblo reports 600k loss in sales tax revenue due to COVID-19

Downtown Pueblo.
Posted at 4:58 PM, May 14, 2020
and last updated 2020-06-01 13:54:04-04

PUEBLO — COVID-19 is costing the City of Pueblo.

The March sales tax came out this week for the City of Pueblo and it shows that the city's sales tax revenue is down $600,000 compared to last March.

The COVID-19 restrictions kicked in about mid-March in Colorado.

Pueblo Mayor Nick Gradisar says the City of Pueblo is projecting to lose about $10 million in sales tax revenue, but there is a plan to make it up.

"We will be able to do that by savings and vacancy savings and the use of our reserve, so that we don't have to take more drastic measures than that at this time," explained Mayor Gradisar.

The city is also in a hiring freeze and furloughed part-time employees.