AMARILLO, Texas (KAMR/KCIT) — The City of Amarillo is still going to be able to pay what it owes on the M-PEV and parking garage, despite the sales tax revenue decreasing because of the pandemic.
The city council got an update, during Tuesday’s meeting. They said despite an above-average August for sales tax revenue, overall the city’s revenue is down $4.8 million.
City leaders said despite the revenue decrease, the city is still under budget more than $9 million for the year due to budget cuts and other cost-saving measures.
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