Danville Town Council To Review Mid-Year Budget

DANVILLE, CA — The Danville Town Council is holding a mid-year budget review meeting Tuesday to review revenues and expenses in comparison to the adopted 2024/25 Operating Budget and Capital Improvement Plan approved in June.

According to the town's financial report, total revenues of $42.1 million are tracking ahead of projections, mostly due to a strong property tax forecast of $17.9 million. Property tax accounts for 56.9% of general fund revenues. At the same time, sales tax revenue has declined steadily since the fourth quarter of 2022, and are expected to decline further. Still, the town believes that revenue is expected to meet the budget forecast.

Overall expenditures remain within the $39.76 million operating budget, which reflects a 5.7% increase from the previous fiscal year. Long-term concerns include increasing costs of public service, and a $1.1 million reduction in General Fund revenue expected in 2026-27 when a loan repayment is completed.

The council will consider mid-year budget adjustments, including a $10,000 increase for police department equipment funded by a private donation, and a $20,000 adjustment for transportation-related administrative costs.

See here to learn more about the mid-year budget.

The meeting will take place Tuesday at 5 p.m. at the Town Meeting Hall at 201 Front Street. See here for the full meeting agenda. Video of the meeting can be viewed here.