Board Of Aldermen - Minutes - 9/8/2021 - P3
Special Board of Aldermen 09-08-2021 Page 3
public sector, and then water, sewer and broadband infrastructure projects.
The revenue replacement is to replace any reduction in revenue experienced due to the pandemics such as revenue
from taxes or miscellaneous general revenue. Cities are permitted to calculate the extent of reduction in revenue as a
four points in time and those are December 31* of 2020, 2021, 2022, and 2023. So we were able to project our
revenue loss for the period December 31, 2020 already.