Sausalito preliminary budget audit finds extra $2M

Sausalito ended its fiscal year in June with more money than projected.

The update from city staff on Tuesday was part of an annual auditing process conducted for fiscal year 2023-24. The City Council used the session to discuss how budget projections could be more accurate.

The general fund is projected to end the year with a $2.6 million surplus — $2 million over expectations. This is because revenues were up by $1 million and expenses were under by $1 million, according to Chad Hess, the city’s financial director.