Town Of Moraga

Balanced Budget Presented to Town Council

At their May 27 meeting, the Council provided direction for the Town’s spending plan in the Fiscal Year 2015/16 Budget. The budget includes expenditures for both day-to-day operations and capital improvements, along with updates to the Five-Year Financial Plan and Capital Improvement Program. The budget assumes a conservative 3% growth in property tax revenues, $1.7 million from Measure K sales taxes and supports a continued focus on repairing the Town’s roads and storm drain system. The Council will consider adopting the finalized budget at its June 10 meeting.

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