Based upon our analysis, we estimate that the negative budgetary impact on tribal governments in 2020 after accounting for federal relief/stimulus efforts to date equaled between $9.0 billion and $12.0 billion. For 2021, we forecast an additional negative budgetary impact on tribal governments of $1.9 to $3.0 billion, for a cumulative shortfall of between $10.9 billion and $15.0 billion. This information is presented in the table below:
Estimated Loss of Tribal Government Funding (net of CARES act and other stimulus payments to date)
2020 (estimated)
-$9.0-$12.0 billion
2021 (forecast)
-$1.9-$3.0 billion
Cumulative Loss (net of stimulus to date):
-$10.9-$15.0 billion
Source: KlasRobinson Q.E.D.
∴ OTHER INDUSTRY SECTORS
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