Novato weighs budget priorities for tax influx
Novato officials are contemplating how to allocate more than $10 million they expect from Measure M next fiscal year.
The City Council held a study session Tuesday on its budget and capital improvement projects for the next fiscal year, which begins July 1. The forecast includes funding from Measure M, the voter-approved sales tax increase meant to address city deficits.
Carla Carvalho-DeGraff, the city finance director, projected surplus general fund revenue of $6.6 million in fiscal year 2025-26 from Measure M.