As the leaves turn and the weather gets colder local governments in New York State shift into high gear in preparations for their 2021 budgets. The leaves on the trees will look a lot nicer than those budgets.
Reduced business activity continues to cut substantially into local sales tax revenues, a major part of local budget funding. Some government fee collections will also be affected as well as the payment of property taxes. Things are better than they were in April and May, but pandemic restrictions on business activities make it likely that the situation will not improve a whole lot over the next several months, into 2021.