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Sierra Madre adopts 2025–26 budget, fee schedule and higher appropriations ceiling
Summary
City Council approved a $19.8 million general-fund budget for fiscal year 2025–26, adopted a fee schedule and raised the appropriations limit; council and staff warned of rising pension and insurance costs and recommended revenue and efficiency strategies.
The Sierra Madre City Council on June 10 adopted the city's fiscal 2025'26 budget, approved a revised fee schedule and set the Gann appropriations limit for the coming year.
The $19.8 million general-fund spending plan passed by voice vote after a full presentation from Finance Director Rainey. Councilors and city staff highlighted that the budget remains operationally balanced for the coming year but warned that rising CalPERS pension payments, workers'compensation premiums and other nondiscretionary costs will narrow flexibility in the near term.
Rainey told the council that general-fund revenues are projected to rise…
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