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Council adopts FY 2025–26 budget; adds Duarte Road holiday decorations and Buena Vista banner poles
Summary
The Duarte City Council approved the FY 2025–26 budget and five-year CIP on June 24, accepting a projected general fund deficit and adding $28,000 for Duarte Road holiday decorations and $90,000 for engineered Buena Vista banner poles to the budget.
Finance Director (presenter) Ms. Peterson presented the city’s FY 2025–26 budget and five-year capital improvement program and said the net change since the May budget workshop was minor. The most up-to-date numbers presented to council showed projected General Fund revenues of $24,766,500 and expenditures of $25,585,100, leaving a projected deficit of $1,818,600; Peterson explained the deficit includes capital projects funded from reserves.
The five-year CIP was unchanged in substance from the…
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