Town Of Moraga

Balanced Budget Policy

At its November 18 meeting, the Town Council adopted a structurally balanced budget policy recommended by the Audit and Finance Committee. The new policy provides parameters for adopting and maintaining a balanced budget where recurring revenues fully support recurring expenditures. The use of one-time revenues (e.g., proceeds from the sale of a property or reserves) to support ongoing expenditures is not desirable since the practice is not financially sustainable. The policy clarifies the parameters and allows exceptions for prolonged economic downturns and/or natural disasters. While the Town has always adopted structurally balanced budgets, this policy reinforces and strengthens the Town’s commitment to long-term financial sustainability.

Tell A Friend

Tell a Friend

Send an email to a friend about this particular item you have read about on the Town of Moraga's website.


Your Name

Your Email Address


Friend Email Address

Friend Email Address

Friend Email Address

Friend Email Address

Friend Message


Captcha Image


go back