Town Of Moraga

FY 2018/19 Operating and Capital Improvement Program Budgets

On June 27 the Town Council adopted the FY 2018/19 operating budget and capital improvement program. The proposed $9.45 million operating budget is balanced with an anticipated surplus of $58,272. The capital improvement program totals $6.9 million and includes funding for the pavement management program and Canyon Bridge replacement. $245,000 in funding was approved to augment the Town’s Storm Drain Maintenance program. The budget is focused on holding the line on expenses, improving efficiencies and funding vital infrastructure improvements. The budget does not include much needed investment in the Town’s infrastructure (streets, storm drains, facilities and parks). This shortfall is estimated to be $1.5 million annually. The Town will be working to identify a strategy to deal with this structural deficit in the coming year.

Tell A Friend

go back