Budgets & Funding

Rio Nuevo Approves Tightened 2021 Budget

Source: Rio Nuevo  Facing a substantial reduction in next year’s revenue due to COVID-19, the Rio Nuevo Board approved a break-even budget reflecting an estimated $6M reduction in annual state tax revenue. The District has been dramatically impacted by COVID-19 related business closures and the subsequent economic slowdown.  

Budgets & Funding

Yuma Council Mulls CIP Projects

By Mara Knaub for Yuma sun  The Yuma City Council scrutinized the Capital Improvement Program plan for 2021 in a roundtable discussion.  The CIP budget, at $51.4M, is more than last year, but the city expects 45 percent of the costs to be recovered through grants, reimbursements and