Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Moraga committee reviews proposed two‑year operating budget and asks for refinements
Summary
The Town of Moraga Audit & Finance Committee reviewed the proposed FY2025–26 and FY2026–27 two‑year operating budget, asked for clarifying detail on revenues, reserves and staffing changes, and recommended staff incorporate committee feedback before council consideration.
The Town of Moraga Audit & Finance Committee met May 7 and reviewed the town’s proposed operating budgets for fiscal years 2025–26 and 2026–27, focusing on revenue forecasts, reserves and staff changes ahead of a council hearing and a planned budget adoption in June.
Committee members pressed staff for more detail on several items in the general fund presentation and on how transfers and special‑revenue funds feed operating activities.
The proposed general fund is balanced for each year at about $13,000,000 for fiscal year 2026 and $13,600,000 for fiscal year 2027, Administrative Services Director Katie Bruner told the committee. Bruner said property tax is the town’s largest general fund revenue source at roughly 46 percent, department revenues are roughly $3,000,000 in FY26 and $3,100,000 in FY27, and sales tax is forecast to grow slowly in FY26 before rising in FY27 as new retail comes on line. “Budgeting is a team sport. We all dig in and get it done together,” Bruner said.
Bruner explained transfers into the general fund are projected at about…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
