Current City Budget

Fiscal Year 2017-18 NARRATIVE Budget REPORT

 The Narrative Budget Report for Fiscal Year 2017-18 will be presented to the City Council at a study session on Thursday, April 27, 2017.

Message from City Manager Dan Rich:

We are fortunate that Silicon Valley and the City of Mountain View are currently in a period of strong growth.  Based on our latest five-year forecast, we expect revenue growth to continue for the next fiscal year, but a downturn in the economy is projected to occur during the forecast period.  Revenues are projected to begin being impacted beginning in Fiscal Year 2018-19.  Taking the recommendations in the Narrative and the Forecast together, we project a $2.4 million positive balance at the end of Fiscal Year 2017-18, and minor deficits projected in the last two fiscal years of the 5-Year Forecast.

The Narrative Budget recommendations include $2.2 million in net General Operating fund (GOF) ongoing increases and $2.7 million in net limited period increases.  These increases will support ongoing services and key priorities identified by the Council.  As we are a service organization based on the work of our outstanding employees, these numbers include a net increase of 9.75 new staff to help with workload demands.

FY 2017-18 Narrative Budget Report

FY 2017-18 Narrative Budget Report Presentation

Upcoming Budget Hearings:

  • Narrative Budget Study Session and Five-Year Capital Improvement Program Study Session - Thursday, April 27, 2017
  • Five-Year Capital Improvement Program Adoption - Tuesday, June 6, 2017
  • Proposed Budget Public Hearing - Tuesday, June 13, 2017
  • Second Public Hearing and Budget Adoption - Tuesday, June 20, 2017

Copies of the Fiscal Year 2017-18 Narrative Budget Report are available for review at City Hall in the City Clerk's Office, 500 Castro Street, 3rd floor, Mountain View during normal business hours, and during public hours at the Mountain View Public Library, 585 Franklin Street, Mountain View.

Fiscal Year 2016-17 ADOPTED Budget

 The City's revenues are cyclical, and the City is currently in a period of revenue growth after recovering from the greatest recession since the Great Depression.  The City weathered those tough economic times while continuing to balance the General Operating Fund (single largest fund and provider of core services) budget in order to position itself to take full advantage of the recovering economy.

FY 2016-17 Adopted Budget

FY 2016-17 Proposed Budget

FY 2016-17 Proposed Budget Presentation

FY 2016-17 Narrative Budget Report

FY 2016-17 Narrative Budget Presentation


Copies of the Fiscal Year 2016-17 Adopted Budget are available for review at City Hall in the City Clerk's Office, 500 Castro Street, 3rd floor, Mountain View during normal business hours, and during public hours at the Mountain View Public Library, 585 Franklin Street, Mountain View.





 

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