Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Housing Funding topic
No spam. Unsubscribe anytime.
Mono County supervisors split on formal pledge of 3% TOT increase to housing; motion to table passes 3-2
Summary
Staff proposed a resolution dedicating the recently approved 3% transient occupancy tax increase to affordable and workforce housing for a 10-year term; supervisors debated leverage for long-term debt and whether funds should be restricted to unincorporated areas and ultimately voted 3-2 to table the resolution indefinitely.
Staff presented a draft resolution that would dedicate the newly enacted 3% transient occupancy tax (TOT) increase toward affordable and workforce housing for a 10-year period. The resolution also summarized previous TOT allocations and sought board direction on whether to commit the newly raised revenues to housing projects.
Supporters said a predictable funding stream could be used for housing programs and eventual leveraging; one supervisor argued that a 10-year commitment would provide some predictability for multi-year projects. Skeptics warned that dedicating a general-tax revenue stream via resolution could hamstring future budget flexibility, argued that the board's annual budget process already manages these allocations, and questioned whether the county should exclude funds generated inside the Town of Mammoth Lakes.
After extended discussion, Supervisor Peters moved to table the resolution indefinitely. The motion passed on a roll-call vote, 3–2. Staff said they will continue to present TOT allocations in the annual budget and to prepare clearer budget graphics and explanations of political commitments and historic allocations to improve public transparency.
No funds were reallocated at the meeting; the motion to table leaves the matter open for future board consideration or action during the budget process.
