During an unprecedented pandemic, local governments are facing unplanned budgetary pressures. Revenue forecasts constantly change, services are being reviewed, employees are being furloughed, and localities are looking for ways to save money.
Avenu Insights & Analytics (Avenu) and SAFEbuilt, a community development services company, have entered into a strategic alliance to provide local government customers a unique revenue enhancement assessment tool. This alliance seeks to help local governments rebuild and recover from this national pandemic.
During the ongoing COVID-19 pandemic, local governments are confronting budget shortfalls as revenue drops and leaders work to support their community during the crisis. Many jurisdictions are trying to finalize budgets for the upcoming fiscal year while assessing how the economic downturn is impacting current forecast. The volatility of the unexpected economic situation makes this a daunting task.
A recent decision by the California Public Utilities Commission (CPUC) approved the delay in the New Time-of-Use rate structure for Pacific Gas & Electric (PG&E) until March 2021. These new rates are based off changes to what are considered “peak” hours and were originally due to take effect November 1, 2020.
A recent decision by the California Public Utilities Commission (CPUC) approved the delay in the New Time-of-Use rate structure for Pacific Gas & Electric (PG&E) until March 2021. These new rates are based off changes to what are considered “peak” hours and were originally due to take effect November 1, 2020.
Avenu recently revealed its release of Clearview Property Tax Suite tailored for State and Local Government Treasurers, Tax Collectors, Auditors and Assessors. The new product suite contains three stand-alone modules that work together or independently with any third-party system.
During an unprecedented pandemic, local governments are facing unplanned budgetary pressures. Revenue forecasts constantly change, services are being reviewed, employees are being furloughed, and localities are looking for ways to save money.
Key takeaways regarding budgeting and how to approach the unknown amid the current COVID-19 crisis
Clearview Analytics is our cutting edge software that helps local jurisdictions know the challenge of managing revenue volatility and its impact on budgeting. During these changing economic times, we are supporting our clients to answer their questions, help them better understand the software, and make sure they are prepared for the challenges ahead. This webinar was offered to existing clients who utilize the software. If you are interested in learning more about the product, feel free to reach out to our team!
Governor Orders Californians to Stay Home Except for Essential Needs. Just prior to sending this update, Governor Gavin Newsom made a major announcement that he was issuing a statewide Executive Order requiring all individuals living in the State of California to stay home or at their place of residence except as needed to follow the federal critical infrastructure sectors. The governor’s order will impact over 40 million residents and is deemed essential to protect public health, establish consistency across the state, and “bend the curve” to disrupt the spread of the virus. The order goes into effect tonight, March 19, 2020 and will remain in place until further notice.
The deadline to introduce bills was February 21. Prior to the deadline, we saw 1,450 new bills introduced between the two houses during the week February 17, with 1,120 bills introduced during the final two days prior to the deadline, bringing the total number of active bills to 2,203.