Early projections have Johnson County government losing $18-$38 million in tax revenue due to pandemic

Johnson County Charter Commission

Johnson County Department of Health and Environment has changed its COVID-19 reporting from daily to Monday through Friday, the Kansas City Star reports. File photo.

The county could lose anywhere from $18 million to $38 million in tax revenues due to the coronavirus pandemic, according to the earliest projections prepared by budget director Scott Neufeld. And that doesn’t even include parks and library budgets.

Johnson County commissioners got a sobering look at the potential impact of the business shutdowns on sales and other taxes collected for the rest of the current budget year. Biggest losses were estimated to come from lagging sales tax, but the county could also expect to lose substantially on investment income because of cuts to interest rates by the Federal Reserve, he said.