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Sales Tax Assumptions <br />8 <br />March 2020 -25% decline in Sales Tax <br />April –June 2020 -25.8% decline <br />3.0 times historical “Great Recession” percent decline <br />July –September 2020 -17.2% decline <br />2.0 times historical “Great Recession” percent decline <br />October –December 2020 –12.9% decline <br />1.5 times historical “Great Recession” percent decline <br />January –March 2021 –8.6% decline <br />Historical “Great Recession” percent decline <br />City’s Historical “Great Recession” percent decline was 8.6%