As a longtime partner to local governments across the country, Azavar is keenly aware of the economic struggles that municipal leaders are tackling.
We are staying on top of positive economic indicators, such as a predicted boom in sales-tax revenue, as well as consumer trends like a swell in Baby Boomer travel and tourism.
At Azavar, we’ve been a partner to local governments for 25 years, helping grow incremental revenue, stabilize revenue, and stay on top of changing market conditions, from short-term rentals to cable cord-cutting. But the pandemic has sharpened our focus to helping connect municipalities with the funding it needs for the most critical services.
Today is Blue & Green Day, a part of California’s Donate Life Month. This celebration recognizes the vital role of organ, eye, and tissue donors.
All across the Lone Star State, we are proud to help more and more municipalities review revenue, ensure tax compliance, and stabilize their long-term revenue picture.
During the past year, many of our customers have seen revenue from sales taxes, food-and-beverage taxes, hotel-motel taxes, and other fees slow to a trickle.
But soon, Americans are going to be vaxxing and relaxing—and spending, too.
Many local governments across the country have experienced devastating losses due to COVID-fueled lockdowns. Vaccination rates are growing rapidly, but in urban centers it can still be a Sisyphean effort to get jabbed.
In just 2020 alone, more than six million Americans nixed cable service in favor of getting content from a streaming platform. Some of the reasons include a desire to save on the cost of a costly cable package, lack of interest in much of what cable offers, and increased content quality from competitors.
One of our staffers was scrolling through Instagram the other day and was struck by the sheer number of ads for travel. Almost every ad was for some kind of bed-and-breakfast, outdoor adventure experience, glampground, big-name short-term rental service, etc.
Throughout our history as a company, we know how dependent state and local governments are for revenue through various sources, from sales tax to hospitality tax, and beyond.
Starting this Wednesday, the Biden Administration is limiting applications for the Paycheck Protection Program exclusively to businesses with fewer than 20 employees. This small-business-only period will last for 14 days and allow lenders to focus on the needs of these businesses, which comprise 98% of small businesses.
