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Finance director flags $1.6M general fund gap, outlines capital timeline and equipment costs
Summary
Finance Director Matt Mordnick told council Jan. 20 that the city faces a projected operating gap of about $1.6 million in the general fund for the 2027–28 biennium, outlined a six‑year capital program and warned that vehicle and equipment replacement costs — including a Type 2 fire engine estimated at $750,000–$800,000 — will pressure future budgets.
Finance Director Matt Mordnick and Deputy Finance Director Lawan Tuttle presented an overview of Mercer Island's budget framework on Tuesday, explaining how the city separates operating and capital budgets, how restricted and unrestricted revenues are managed under fund accounting, and what staff see as the important budget issues for 2026 and beyond.
Mordnick said the city is in the second year of its 2025–26 biennium and that staff are already developing the 2027–28 biennial budget. He told the council to expect an emerging operating…
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