mltc8_6_13According to the Town Council agenda packet, the pre-audit actual financial results for last fiscal year for Town government show a fund balance left over of more than $1.9 million. Surprising news after years of budget hand-wringing.

Some of the savings came from not spending money on lawyers, not spending money on Town administration and other departments and an increase of $974,500 in Transient Occupancy Tax, Property Tax and other revenues.

The Council will consider a resolution that recognizes the money left in the budget at the end of June and places that money in various accounts and expenditures. For one thing, the resolution calls for the Council to set aside more than $1.3 million in the Reserve for Economic Uncertainty. The Council would also dedicate $400,000 to hire consultants to work on the General Plan, zoning and other issues. They would dedicate $100,000 for new Finance Software and set up a $100,000 contingency line item.

And, in other issues, if all went better than the federal website for health care, Mammoth will have an on-line system today for the management of Transient Occupancy Tax and Tourism Business Improvement District assessments. Officials planned to inform the Town Council tonight.

Town and County staff have been working to start up an on-line system, including a way to pay the taxes on-line. Nate Greenberg was scheduled to make the presentation to the Council with an overview of the project, the current status and future goals.

Under the Consent Agenda, the Council would ask Mono County to help fund the 2014 July 4th Fireworks and celebration held at Crowley Lake. Under Policy Matters, the Council will consider approval of the Mammoth Lakes Tourism agreement for providing the Town’s tourism attraction, marketing and branding services.


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