Corte Madera adopts budgets with surpluses for 2 years

Corte Madera adopts budgets with surpluses for 2 years

Corte Madera has adopted budgets for the 2025-26 and 2026-27 fiscal years. The Town Council approved the plans on Tuesday, the first day of the fiscal year. The town expects a surplus of $1.9 million this fiscal year and about $975,000 next. The town ended fiscal year 2024-25 on Monday with $2 million more in revenue than expected because of good sales tax returns and property tax growth, according to staff. The beginning balance in the general …