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El Segundo council adopts $104 million budget with 25% reserve
3662451 · June 4, 2025
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Summary
The El Segundo City Council adopted the fiscal year 2025–26 operating and capital budgets, keeping a 25% general fund reserve and an economic uncertainty reserve; the budget takes effect July 1, 2025.
Chief Financial Officer Paul Chung held a public hearing and the El Segundo City Council adopted the proposed fiscal year 2025–26 operating budget and capital improvement program on June 3, 2025. The resolution also approved the city's Gann appropriations limit and associated…
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