City of Novato, CA
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The Finance Division is primarily responsible for the development and preparation of the City of Novato's annual operating budget and Capital Improvement Program budget.
The City of Novato adopts its budget each June for the following fiscal year, which runs from July 1 to June 30. The budget, while a financial document, is also an important policy document, outlining the City Council’s priorities for the upcoming year and showing where the City's funds will be allocated.
Fiscal Year 2026/2027 Budget
On June 23, 2026, the Novato City Council adopted a $62.5 million general fund budget for Fiscal Year 2026/27 guided by community feedback gathered through surveys, workshops, meetings and popup events. The budget also includes $21.5 million for capital improvement projects.
The Fiscal Year 2026/27 Budget funds priorities that improve public safety, maintain infrastructure and enhance quality of life throughout Novato. The budget takes effect July 1 and marks the second consecutive year the City has adopted a balanced budget since passage of Measure M.
Measure M is projected to generate $10 million and will provide funding needed to maintain service levels, address rising costs and make targeted investments that benefit community members.
Measure M funding has enabled the City to:
- Restore staffing across City departments, including a fully staffed police department
- Balance the City’s budget and strengthen reserves to protect against economic uncertainty
- Address long-deferred maintenance and invest in roadways, parks and community facilities
- Restore and improve the core services our community relies on
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