Town Of Moraga

The Town Budget - a Key to Government Transparency

The Town does an annual, rigorous budgeting exercise that includes a revenue analysis, review of service levels provided, and cost estimates to provide those services. The Town Council adopts an annual budget to provide the legal authorization necessary to appropriate funds and establish the Town’s appropriations limit, which is calculated as part of the budget process. Also, to receive federal funds, an annual audit of the Town’s financial statements is required, and having an adopted budget simplifies this process. Perhaps the greatest benefit to an annual adopted budget is that it establishes a transparent plan for the spending of resources for specific purposes. This is important to ensure that government is held accountable to the public and appropriately uses tax payer dollars.

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