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West Covina council hears proposed FY 2025–26 budget; members press for priorities and contract scrutiny
Summary
Acting finance staff presented a proposed FY 2025–26 budget that projects roughly $144.2 million in combined revenues and $156.1 million in expenditures across all funds; councilmembers and speakers pressed for competitive contracting, possible reallocation to streets and public-safety priorities, and clarification of reserve and pension costs.
Acting Finance Director Maria Luisa Olaya presented the city’s proposed fiscal year 2025–26 budget to the West Covina City Council, prompting a lengthy discussion about reserves, pensions, capital projects and procurement practices.
Olaya said combined revenues across all funds are projected at more than $144.2 million, with total expenditures at about $156.1 million. She described the general fund projection — revenue of roughly $96.3 million and general fund expenditures of about $82.0 million — and reported the proposed budget shows a slight $700 surplus for the general fund under current assumptions. The budget incorporates an 18% reserve policy the council adopted earlier in the year, Olaya said.
The finance presentation included several program- and capital-related notes: a proposed exchange of $3.5 million in Prop A revenue to free $2.6 million in general-fund capacity; planned…
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