Mukilteo Beacon - Your Hometown News Source

By David Pan 

City still expecting to take a hit on revenues due to coronavirus crisis

 
Series: Coronavirus | Story 115

Last updated 5/13/2020 at 11:45am



The City of Mukilteo is still waiting on the latest numbers from the state on sales tax in order to determine the exact nature of revenue shortfalls it will be facing due to the COVID-19 pandemic.

“There’s a lot of uncertainty right now, not just with the scope of the public health emergency, but also what that means for our revenues,” Mukilteo Finance Director Michelle Meyer said during an update at the Monday, May 4, City Council meeting.

Meyer reiterated that the primary impact to the City is going to be reduced revenues rather than increases in unbudgeted expenditures.

Meyer noted...



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Reader Comments
(1)

Charlie Pancerzewski writes:

Finance Director misunderstands how the Council's GAP Policy works as do the Councilmembers. Estimated GAP she provided to the Council was about $800,000. more than 5% of Budget.$800,000 is the GAP, the Severe category. Once GAP is identified, Mayor is to provide a plan for Council to consider. Eliminating payment to the Equipment and Facilities Funds is one recommendation she made. Council hasn't decided what to do so GAP remains $800,000. There are other options. Most need Council action.

 
 
 

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