Novato projects balanced budget with new tax infusion

Novato projects balanced budget with new tax infusion

Novato might have a balanced budget for the first time in years. The City Council, reviewing a projected fiscal year 2025-26 budget at a study session last Tuesday, saw projections of a budget that breaks even with the help of the first round of Measure M tax money. The city has struggled with deficits for the last six fiscal years. “With the passage of Measure M, the city is strategically positioned to meet the needs of our community in a susta…