Corte Madera Spending More Than Anticipated

The Town of Corte Madera has spent about $1 million more than city officials anticipated, according to a mid-year budget review. 

The Marin Independent Journal reports that in June 2012, city officials anticipated the Town of Corte Madera's expenditures to be at $20.1 million by mid-year and revenue at $19.9 million. However, both are higher than expected. 

A mid-year estimate for expenditures is at $21.5 million and revenue at $20.6 million, according to the Journal. 

The reason? City officials told the Journal that it was because of a few things: fixing the roof of the fire department and emergency equipment.

Property taxes are also down by $57,000. 

More information on the mid-year budget review is available here. 

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