Local governments can fine-tune their budget forecasts by understanding the tremendous impacts that and state and federal programs have had on Sales Tax Revenue over the past year.

In this episode, we talk with Mark Bryson, Senior Economic Analyst at Avenu, who works with California jurisdictions and is an expert in helping them navigate the changes COVID has brought to revenue forecasts. Our discussion delves into:

• Key concepts relevant to understanding and properly budgeting for future Sales Tax Revenues
• Why these basic Sales Tax concepts are important to the budgeting process
• 5 things that occurred in California that have never happened before that impact Sales Tax Revenue
• What jurisdictions throughout the country should be thinking about when they are budgeting Sales Tax Revenue these days

This discussion was taken from our show Local Government Insights. If you want to hear more episodes like this one, check us out on Apple, and all your other favorite podcast platforms. Take a moment listen on your favorite platform. We would appreciate your reviews and feedback as we continue to release upcoming episodes.