https://www.siliconvalley.com/2021/04/07/concord-predicts-steep-revenue-shortfall-mostly-due-to-covid/

CONCORD — Concord officials believe the city’s revenue in this fiscal year will be $10 million less than projected, largely due to the coronavirus pandemic’s economic impacts.

The city released a budget update last week detailing a rocky financial outlook. A new sales tax that went into effect on April 1 and federal relief dollars arriving in the coming months will not offset the $10 million shortfall from an original projection of $109.5 million in revenue this fiscal year.