Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Maywood City presents proposed FY 2025–26 budget and $24 million in other-fund spending
Summary
City Manager Jennifer Vasquez and Finance Director Remo Hansen presented Maywood City’s proposed FY 2025–26 general fund budget and capital improvement program, forecasting roughly $13.4 million in general fund revenue, $13.1 million in general fund spending and an estimated $16.9 million year-end reserve while outlining planned capital projects.
Maywood City on May 28 received a presentation of the proposed fiscal year 2025–26 budget and the capital improvement program, with City Manager Jennifer Vasquez and Finance Director Remo Hansen telling the City Council the spending plan would be brought back for public hearing and adoption later this summer.
“The proposed budget for 25–26 includes the proposed expenditures as well as our forecast revenues,” City Manager Jennifer Vasquez said as she opened the presentation.
Finance Director Remo Hansen reviewed the general fund forecast and multi‑fund totals. Hansen said staff projects general fund revenues of about $13,400,000 and proposed general fund expenditures of about $13,100,000 for FY 2025–26, producing an estimated surplus of…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
