Residents from the Town of Mountain View authorized a $4,700,000 renovation to their historic town hall on November 15, 2022. Financing for the project consists of $2,000,000 from a 5 percent serial bond issue, $1,500,000 from a state grant, and $1,200,000 from the General Fund. Debt service for the serial bonds will be provided by a one-quarter-cent city sales tax imposed on every dollar of sales in the city. You may ignore entries in the General Fund. The town has a calendar year-end.