Town Of Moraga

Council Receives FY 2014-15 Third Quarter Budget-To-Actuals Report

Both revenues and expenditures for FY 2014/15 are on target with budgeted expectations through three quarters of the year. Property tax receipts are projected at about 6% above last year’s receipts, an indication that Moraga has recovered from the economic recession. Expenditures are lower than expected mostly due to Police Officer vacancies. A year-end surplus is expected.

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