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Mountain View faces $1.5M deficit amid prolonged COVID-19 recovery

Original post made on Feb 8, 2021

Years of economic prosperity and hefty surpluses have come to an end in Mountain View, with the latest projections showing the city will be $1.5 million in the red this year. And it's not expected to get better any time soon.

Read the full story here Web Link posted Monday, February 8, 2021, 12:29 PM

Comments (6)

Posted by [email protected]
a resident of Cuernavaca
on Feb 8, 2021 at 2:28 pm

[email protected] is a registered user.

I see that the City is declaring a significant budget shortfall a week after it was announced that the City intends to spend over $3 Million on the Crestview Hotel. Was that in the budget, or will other programs be cut to pay for the Crestview decision?

Posted by Dan Waylonis
a resident of Jackson Park
on Feb 8, 2021 at 3:13 pm

Dan Waylonis is a registered user.

I hope that the city will examine its largest expenditures first and make cuts there. Rather than closing down small programs and projects.

Posted by Lucas Ramirez
a resident of Another Mountain View Neighborhood
on Feb 8, 2021 at 3:58 pm

Lucas Ramirez is a registered user.

@blewis245 - should the County decide to acquire the hotel, the City would contribute Community Development Block Grant (CDBG) and HOME Investment Partnership (HOME) funds, which are federal funds for capital projects benefiting low-income communities. The staff report is available here:
The money would not come from the general fund, and it would have no impact on the status of the budget.

Lucas Ramirez
Greater San Antonio Area

Posted by CineCal
a resident of Blossom Valley
on Feb 8, 2021 at 5:51 pm

CineCal is a registered user.

What did they do with all the money they got from Google, and all the apartment developers. They should be in a surplus, not a deficit.

Posted by JustAWorkingStiff
a resident of Another Mountain View Neighborhood
on Feb 9, 2021 at 10:28 pm

JustAWorkingStiff is a registered user.

Perhaps Council should reconsider spending $1 Million on RV signage.

Posted by gcoladon
a resident of Slater
on Feb 11, 2021 at 12:16 pm

gcoladon is a registered user.

I think it's worth recalling this news from after the pandemic started:

Mountain View is handing out pay raises despite recession
Web Link

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