Full and original article posted on Worcester Business Journal
Restaurants are bringing in far less money for food and drink during the coronavirus pandemic – and it’s showing both the hit the industry has taken this year as well as the financial toll declining tax revenue will have on cities and towns.
Across Central Massachusetts, revenue from taxes on restaurant bills plunged 42% in the three months spanning April to June, which covered what was largely the worst of the early phase of the pandemic locally, as well as the tightest government restrictions on business operations. In the six months ending in September, that revenue dropped 33%.
Click here to read full article.