Novato’s Measure M revenue lagging

Novato’s Measure M revenue lagging

So far, Novato’s Measure M sales tax is bringing in less than anticipated, city finance officials said. The city has been wrestling with a multiyear budget deficit, but this year was able to close a nearly $4 million gap with help from projected revenue from Measure M. The city’s total budget is about $59.5 million. “Novato’s fiscal health is strong,” Finance Director Carla Carvalho-Degraff said in an email. “The city adopted a balanced budget f…