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El Paso employees trust adopts FY2025–26 budget of $101.37 million
Summary
The City of El Paso Employees Retirement Trust voted to adopt a fiscal-year 2025–26 budget totaling $101,365,234. Trustees approved staff COLA and salary assumptions and were briefed on methodology changes that increased the budget reporting total.
The City of El Paso Employees Retirement Trust voted on Aug. 20 to adopt the proposed fiscal-year 2025–26 budget totaling $101,365,234.
Mr. Umkes moved to approve the budget resolution adopting the FY2025–26 budget; the motion was seconded by Ms. Hamblin and passed on an affirmative voice vote with no recorded opposition.
Staff presenter Mr. Sanchez summarized the condensed budget and told trustees the total remained unchanged from last…
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