Town Of Moraga

Town Council Reviews Budget and Five Year Financial Plan

At its meeting on May 22, the Town Council began deliberations on the proposed budget for FY 2013/14, capital improvement projects, and the updated Five Year Financial Plan. Discussions continued late into the night and while the proposed budget is structurally balanced and reflects the Town’s “minimal government” philosophy, there are identified needs especially within the area of parks and Town facilities. An adopted budget provides staff the legal authority to spend public funds. Formal adoption of the budget is expected before June 30 to continue services into the new fiscal year.

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