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Petaluma spending on pace

Petaluma City Council members will get an early check-up Monday into how the city's budget forecasts are faring.

City Finance Director Bill Mushallo's first-quarter budget update shows general fund revenues are trending slightly over expectations, with sales taxes higher than anticipated in the first three months of the 2013-2014 fiscal year spending plan.

The city hasn't received the analysis from the state showing what sectors of the local economy provided the increases, he said.

Property tax revenues also haven't been received, but assessed values of Petaluma properties went up more than expected, so an increase in tax proceeds should follow. The city is scheduled to receive more specific figures in December from Sonoma County on Petaluma tax revenues.


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