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Board adopts $3.12 million administrative budget for 2025–26
Summary
Trustees approved the Imperial County Employees' Retirement System administrative budget for fiscal year 2025–26, including funding the new retirement specialist position and a tentative 3% staff raise; packet materials show a total budgeted amount and budgetary transfers.
The Imperial County Board of Retirement voted June 18 to adopt the retirement system’s administrative budget for fiscal year 2025–26.
Retirement Financial Officer David Puente presented the proposed budget and reported a grand total administrative budget of $3,117,621, representing a 2.81% increase overall and a $99,444 (6.18%) increase in…
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