Overview of Funds

Mayor & Town Council

Administration & Finance

Code Enforcement & Community Relations

Public Works - Engineering

Public Works - Maintenance & Field Operations

Community Development: Planning & Building Divisions

Legal Services

Fire Services (Central Marin Fire Authority)

Police Services (Central Marin Police Authority)

Parks & Recreation

Town Hall Certificates of Participation

Non-departmental/Townwide Expenses:

• Pension Liability
• Trust Payments
• Retiree Health Benefits
• Other Townwide Expenses

Affordable Housing Fund

A fund established in accordance with the Town of Corte Madera Municipal Code Section 3.28.030. Revenues and expenditures for land or building costs associated with developing affordable housing.

Capital Equipment and Technology Fund

Revenues and expenditures related to the replacement of equipment and technology. This fund is funded primarily from the general fund.

Capital Improvement Fund

Revenue related to legally restricted funds obtained through grants for capital projects. In most cases, grant funds cover a portion of the total cost of the project and the required matching funds are reflected in one of the other Town funds. Also included in this fund is the TAM Measure A apportionment as well as other revenue from TAM.

Corte Madera Measure Sales Tax Override Fund

Revenues and expenditures in connection with Measure Sales Tax, a .75% local sales tax, approved by voters effective October 1, 2018. The Town Council has determined that expenditures are to be made in the following areas: Infrastructure, Fire Prevention, Flood Control, Streets and Potholes, Safe Routes to School, Senior and Youth Programs and Disaster Preparedness.

Housing Assistance Fund

This fund was established in response to the need for the Town to assist residents with housing payments due to the COVID-19 emergency. Revenue includes donations from Corte Madera Community Foundation, as well as Town contributions.

Insurance Fund

Revenues and expenditures related to the Town’s payments to its liability and workers’ compensation self-insurance programs. The source of funds is primarily a transfer from the General Fund.

Measure A Parks Tax

Revenue and expenditures associated with Corte Madera’s share of the Marin County one-quarter per cent (.25%) transactions and use tax tax, titled Marin Parks, Open Space, and Farmland Preservation Transactions and Use Tax Ordinance, estimated to generate $10,000,000 per year for ten years. Fifteen per cent (15%) of the Measure A revenue is allocated to cities, towns, and special districts. Expenditures are for costs related to Town parks. This Measure was first approved in 2012, and was reauthorized in June 2022 for another nine years.

Park in Lieu Fund

This fund records revenue and expenditures associated with the construction of park facilities.

Park Madera Center Fund

This fund is used to record the debt service payments related to Park Madera Center. The fund shows the accumulated expenditures from the General Fund. This fund also includes the net rental proceeds from Park Madera Center which are used to pay the debt service payments.

Recreation Capital Trust Fund

This fund records expenditures associated with recreation capital expenditures.

Recreation Fund

Revenues and expenditures for recreation programs and related overhead.

Road Maintenance and Rehabilitation Fund

This is a fund used to record revenue from the state intended for fixing roads, bridges, and other infrastructure.

Sanitary District No. 2

Revenues and expenditures related to the Sanitary District No. 2 of Marin County, a Subsidiary District to the Town of Corte Madera and a Component Unit of the Town of Corte Madera.

*The Sanitary District Budget is not presented in OpenGov at this time, it is presented separately on the Town's website.

State Gasoline Tax Fund

State gas tax funds distributed to cities, towns, and counties on a per capita basis to fund street maintenance work. Revenue received into this fund is used for capital projects and for a portion of salaries related to street maintenance.

Street Impact Fees

Revenues and expenditures related to street impacts related to construction project. The fees collected are intended to defray all or part of the impact to streets and roads.

Town Capital Projects Fund

This fund was established in order to record revenue and expenditures related to capital projects financed with operating fund surplus revenue. This fund is a subset of the operating fund.

Traffic Improvement Fund

Revenues and expenditures related to traffic improvement projects and studies.

Village Traffic Improvement Fund

Revenues and expenditures related to traffic improvement projects and studies associated with the Village Shopping Center.