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La Verne presents 2025–26 budget first reading; no property tax increase and debate over police space, bonds

3187789 · May 4, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

La Verne city staff presented the first reading of the fiscal 2025–26 budget at the May 6 workshop, keeping the property tax rate steady while raising the stormwater user fee $1 and increasing water and sewer rates per a rate study.

La Verne city staff presented the first reading of the fiscal 2025–26 budget at the Board of Mayor and Aldermen workshop on May 6, 2025, saying the proposal contains no property tax increase while raising the stormwater user fee by $1 and implementing water and sewer rate increases per the rate study.

City staff framed the budget as relying on a mix of carryover funds, existing bond proceeds and reserve draws. Bruce (staff member) summarized bond needs: “We are looking at a…$25,000,000 bond,” and said the city is proposing to transfer $2,000,000 into streets capital to cover next year’s estimated bond…

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