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Board adopts ISERS administrative budget of $3.12 million for 2025–26
Summary
The Imperial County Board of Retirement adopted the ISERS administrative budget for fiscal year 2025–26 at $3,117,621, approving staff salary increases, a newly funded position and line‑item allocations.
The Imperial County Board of Retirement approved the ISERS administrative budget for fiscal year 2025–26 with a grand total budget of $3,117,621.
David Puente, retirement financial officer, presented the proposed budget and highlighted that the $3,117,621 grand total reflects a 2.81% increase aligned with the Consumer Price Index for some line items. He told trustees the operating budget includes a $1,708,282 amount for specific…
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