City Manager presents strong fiscal 25 26 budget amidst public commentary

Riverside City Council has taken a significant step towards financial stability by discussing the proposed amendment to the fiscal year 2025-2026 annual budget during their recent meeting. The city manager presented a robust budget, highlighting a balance of $2.1 million, which positions Riverside among the stronger fiscal performers in California, especially in contrast to other cities facing deficits and layoffs.

The proposed budget includes a fund balance of $82,000 and a reimbursement of $1 million, contributing to a total of $24 million available for the upcoming fiscal year. This financial strength is expected to provide essential resources for city staff and services, ensuring continued support for community needs.

Public comments were invited in both English and Spanish, allowing for broader community engagement in the budget discussion. Residents were encouraged to participate via phone or Zoom, reflecting the city’s commitment to inclusivity in governance.

This budget amendment marks the second year of a two-year budget plan, following an extensive community consultation process last year. The council's proactive approach aims to maintain fiscal health while addressing the needs of Riverside's residents.

As the council moves forward, the implications of this budget will be closely monitored, with expectations for positive outcomes in city services and community support.