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La Palma mayor touts strong reserves, new city manager and public‑safety results in State of the City address
Summary
Mayor Mark Waldman highlighted La Palma’s solid fiscal reserves, the appointment of a new city manager, an upcoming police‑chief retirement and robust public‑safety programs, while outlining community events and private‑development activity.
Mayor Mark Waldman said La Palma remains in strong fiscal shape during his 2025 State of the City address, pointing to the city’s reserves and a conservative budgeting approach while announcing key personnel changes and program highlights.
"La Palma continues to demonstrate strong fiscal health, maintaining over 133% in fungible reserves," Waldman said, describing reserve balances that the city projects will provide stability even amid broader economic pressures. He said the city’s adopted general fund budget is about $15.4…
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