Tag Archives | Reserve for Economic Uncertainty

SierraWave.net

Lack of snow takes bite out of budget

Because of low snow, community indicators show a 30% reduction in visitor activity in Mammoth Lakes in January, according to Interim Town Manager Dan Holler. He says in his report to the Town Council that “If the conditions do not improve, this is expected to continue for the rest of the winter season.” Holler and […]

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SierraWave.net

Mammoth’s financial crunch goes public

The Mammoth Lakes community learned very little new information on the grave state of the Town’s finances and dealings with the $42 million debt owed to MLLA when the Town Council met Wednesday night. Assistant Town Manager Marianna Marysheva-Martinez had told Sierra Wave Media that the Town suffers from chronic lack of revenue to meet […]

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