Fiscal Year 2018-19 Budget

The City is benefiting from the continued strong economy and high demand for development resulting in significant property tax growth and positive operating balances projected through Fiscal Year 2020-21.  The Proposed Budget details the City Manager's recommendations for Fiscal Year 2018-19, supplements to reserves, a new Transportation Reserve and continuing contributions to CalPERS.  Based on recent economic information, the 10-Year Financial Forecast assumes the next recession will occur in Fiscal Year 2020-21.

The Fiscal Year Annual Budget, Water, Wastewater and Trash and Recycling Rates and Various City Fees were presented to the City Council at a public hearing on Tuesday, June 12, 2018 and adopted at the second public hearing on Tuesday, June 19, 2018.

FY 2018-19 Adopted Budget

FY 2018-19 Adopted Budget Presentation

FY 2018-19 Proposed Budget

FY 2018-19 Proposed Budget Presentation

FY 2018-19 Narrative Budget Report

FY 2018-19 Narrative Budget Report Presentation

Fiscal Year 2017-18 ADOPTED Budget

The Fiscal Year Annual Budget, Water, Wastewater and Trash and Recycling Rates and Various City Fees were presented to the City Council at a public hearing on Tuesday, June 13, 2017 and adopted at the second public hearing on Tuesday, June 20, 2017.

Message from City Manager Dan Rich:

We are fortunate the City of Mountain View is currently in a period of strong revenue growth.  Based on our latest five-year forecast, we expect revenue growth to continue, but a downturn in the economy is projected to occur during the forecast period.  Revenues are projected to begin being impacted in Fiscal Year 2018-19.  Including the recommendations for new spending made in the Adopted Budget and assuming a slow-down in later years, a $2.3 million positive balance is projected at the end of Fiscal Year 2017-18, and deficits are projected in the last three fiscal years of the Five-Year Forecast.

The Adopted Budget recommendations include $2.2 million in net General Operating Fund (GOF) ongoing increases and $3.9 million in new limited period expenditures.  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 12.0 new staff to help with workload demands.

FY 2017-18 Financial View

FY 2017-18 Adopted Budget

FY 2017-18 Adopted Budget Presentation

FY 2017-18 Proposed Budget

FY 2017-18 Proposed Budget Presentation

FY 2017-18 Narrative Budget Report

FY 2017-18 Narrative Budget Report Presentation

Copies of the Fiscal Year 2017-18 Adopted 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.