Friday, April 19, 2024
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Tag Archives: Revenue Loss

New ARP Ruling To Help Counties With Reporting And Speed Of Projects

A new ruling on ARP funding has came down from the federal government allowing up to $10 million to be placed in a county’s general fund as a revenue loss. Putnam County Mayor Randy Porter said he anticipates the county will take advantage. “Once we take it as loss revenue, then we don’t have to do all the tedious reporting ... Read More »

Cumberland Co. Playhouse $1 Million Revenue Hit

Cumberland County Playhouse CEO Bryce McDonald said the organization has lost over one million dollars in revenue this year. McDonald said losing the spring and summer play season due to the pandemic was a critical financial hit. “The impact is still huge, and it is not over,” McDonald said. “Not until we are fully able to go back to capacity, ... Read More »

Sparta Drive-In Struggling Under The Pandemic

Despite easing social distancing requirements, the Sparta Drive-IN is struggling with revenue. Sparta Drive-In Owner William Brown said one of the reasons is they have to replay old movies. “Well people like Disney, like the Disney corporation, they’re not releasing nothing,” Brown said. “There’s no new movies coming out till maybe the end of July or August. It’s the movie ... Read More »