Tag Archives | Finance Manager Cyndi Myrold

John Hopp

TOT appeal denied by Town Council

In certain zones in the Town of Mammoth Lakes, overnight rentals are legal, but owners must pay Transient Occupancy Tax. In the case of one property owner, the Town Finance Staff said he had repeatedly rented his property on a nightly basis and failed to pay taxes owed. Wednesday night, John Hopp appealed the determination […]

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Finance Manager Cyndi Myrold

Mammoth Town Council accepts surplus

Wondering how they could avoid mid-year bleak financial pictures when in fact the Town budget ends up rosy, the Mammoth Town Council voted unanimously recently to accept a pre-audit financial report for last fiscal year and to allocate the nearly $2 million of unspent revenue. Mayor Rick Wood said he was frustrated that the Council […]

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TBID money coming in

The new Mammoth Lakes Tourism Business Improvement District assessments were due on the 20th of the month, and as of Monday, the Town Finance Department reported collections of $46,168.15.  Town Finance Manager, Cyndi Myrold said, “We are estimating $100K in TBID for September and we believe we are on track.  The process is going smoothly […]

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Town Council: new bank officer, amnesty for business tax and TBID appeals

UPDATE: 9-5 FROM MAYOR RICK WOOD – “Council accepted MMM resignation effective 09-06.  Vote was 4-0 with Jo Bacon absent.  We have initiated a search for an experienced interim.” ********************************************* At Wednesday night’s Town Council meeting, one citizen stood up to express her bad feelings about how the Council has handled the apparent ouster of […]

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