City's initial projections show $1.2 million loss due to pandemic

Initial minimum estimates are closer to $649K, but it's not all bad news. 

Series: Coronavirus | Story 56

Last updated 4/24/2020 at 9:28pm

Courtesy Christopher Kim

The City's finance director said he thinks the looming recession due to COVID-19 will be worse than the 2008 crisis, with losses of potentially $1.2 million.

The City of Mill Creek may face a $1.2 million loss in light of the pandemic due to COVID-19, but new Finance Director Jeff Balentine says the City is in good shape right now. 

Balentine showed his initial projections to City Council members Apri...

For access to this article please sign in or subscribe.


Reader Comments(0)


Our Family of Publications Includes:

Mill Creek
Beacon Magazine Mukilteo Edition
Beacon Magazine Edmonds Edition
Beacon Magazine Millcreek Edition

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2023