Whether the trend continues depends on the trajectory of the economy, and some projections say there won’t be any shortfall in the next biennium, Kelleher said. "But COVID funds are almost gone, and the revenue shortfall is likely beyond what can be mitigated in the middle term with fund management alone."
"The revenue drop off is significant, and both counties and the state are able to use COVID-related funds in the near term to hold services at current level," Kelleher wrote in the email. This is a common story across the state, Tedd Kelleher, the housing policy director at the state Department of Commerce confirmed in an email.
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