Mukilteo Beacon - Your Hometown News Source

By David Pan 

No surprises in 2nd quarter financial update

 

Last updated 8/26/2020 at 11:42am



There were few surprises in Mukilteo Finance Director Michelle Meyer’s second quarter financial report to the City Council Monday, Aug, 17.

Overall general fund revenues are down 5% year to date (YTD), with the most significant declines in recreation revenues, as well as fines and penalties. Overall general fund expenditures are down 4.4% (YTD).

The primary causes for the revenue declines are an anticipated 10% sales tax decline, closure of Rosehill through September and Lighthouse Park’s closure from late March until early May.

The Rosehill Community Center closed in March due to the C...



For access to this article please sign in or subscribe.



 

Reader Comments
(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020

Rendered 11/27/2020 13:48