Whether the train runs or not, outlook is grim
COVID-19 is expected to cause a huge dent in the Town of Silverton’s current $2.2 million annual budget, according to town officials.
The town relies heavily on sales tax from summer visitors’ spending, and in 2020, about $1.06 million in income was expected. That’s about half of the town’s $2.2 million annual general fund revenue.
But according to a grim financial scenario from town hall, the town …
