Gilbert Edition - May 2020

GILBERT EDITION

VOLUME 2, ISSUE 9  MAY 27JUNE 23, 2020

ONLINE AT

CORONAVIRUS COVERAGE

Town encouraged by rst COVID19 revenue look April, May results will dene budget

TRIGGERING COVID CUTS The town of Gilbert has built its scal year 2020-21 budget with sales tax revenue marks that will trigger operating expense cuts if revenue projects to fall in those ranges. The town will review revenue in August and October to determine updated revenue projections.

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BY TOM BLODGETT

$100M

Gilbert’s revenue in March, when the eects of the coro- navirus pandemic rst hit, along with the town’s experience navigating the Great Recession, have left the town optimistic about making it through the scal year relatively unscathed. March revenue was close to at fromMarch 2019, and col- lections through the rst nine months of scal year 2019-20 generally have been ahead of projections. That leaves the town in position to absorb the expected impact in April andMay with some revenues, particularly for sales tax, expected to decline in the coming months after a record-setting start to the year. “[The coronavirus] really hit in about mid-March,” Town Manager Patrick Banger said. “And it was like that needle across the record. The music is moving along and then that denite scratching sound.” Even so, the town prepared its FY 2020-21 budget with a recession of unknown impact in mind. It includes trig- ger points where cuts, already identied, will be made if necessary. Final approval on the $992.84 million budget will not CONTINUED ON 10

$95M

Base budget $90M-$97M sales tax revenue

$90M

First round of cuts $88M-$90M Second round of cuts $85M-$88M

IMPACTS

4

$85M

Revisit budget <$85M

$80M

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SOURCE: TOWN OF GILBERTCOMMUNITY IMPACT NEWSPAPER

NEWMEXICAN GRILL

9

Home contractors still nding business through pandemic

2020HOME IMPROVEMENT GUIDE

SUPPORT LOCAL JOURNALISM

“WE’VE DONE OURHOMEWORK, AND FOR THE MOST PART IT’S BEENAWELL CALCULATED RISK.” BRADLEY ROGERS , AC RANGERS HEATING AND COOLING COOWNER

BY TOM BLODGETT

A large percentage of businesses have been hit hard by the coronavirus pandemic, and while some home contractor and service businesses in Gilbert have followed that trend, others are seeing an uptick in need. With people staying at home more, maintenance and improvement projects come to the forefront of residents’ minds, which in turn is keeping some home improvement businesses aoat during an uncertain time, according to some contractors. “While the phone’s ringing, I’m going to work seven days a week if I have to,” said Luke Crosthwaite, a Gilbert resident and owner of Crosthwaite Custom Construction. However, the eect is not universal. Some contractors struggle like most of the rest of the country’s businesses have. Most businesses, also, have had to adjust their prac- tices and take precautions to make people more comfortable

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Bradley Rogers and his business partner started A/C Rangers Heating and Cooling during the heart of the pandemic restrictions, but the company has gotten o to a good start, Rogers said.

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