Hollister explores solutions to $5.4 million financial deficit

Hollister City Council declares financial emergency

Facing such a bleak financial position that City Hall didn’t have enough cash to pay its employees as of last week, the Hollister City Council on Oct. 2 declared a local “state of financial emergency” and approved a loan of $18 million from its impact fee funds to cover wages and other general fund expenses.  […]

Hollister explores solutions to $5.4 million financial deficit

Hollister is weighing a short-term loan, a possible sales tax increase and shelter funds as it tries to cover a $5.4 million deficit.