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City’s Economic Recession Plan Reduced To Moderate After Losses Not As Bad As Thought

Flagstaff City Council

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This week, Flagstaff City Council adopted a resolution to reduce the stage of their 2020 economic recession plan from “significant” to “moderate” stage. In May, the council voted to move the recession plan to the third stage of significant on a five-stage scale because of tax and other revenues dropping by an estimated five-to-ten percent due to the COVID-19 Pandemic. However, recent estimates for the current fiscal year show a loss of only two-point-four-nine percent, consistent with the moderate stage. Management Services Director Rick Tatter recommended the change and Mayor Paul Deasy said he was glad that the economic situation is not as dire. Deasy also said he appreciated the hard work that was involved in the research. Council also passed two resolutions, for the final time, regarding the Timber Sky property along Woody Mountain Road. The passage clears the way for the “Sky Cottages” project to be developed on the property.