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Vista touts stronger reserves, $180 million budget and credit upgrade in mayoral address
Summary
In a State of the City-style address, the mayor highlighted growing emergency reserves, a larger pension trust, a $180 million budget for fiscal 2025–26 (and $186 million for 2026–27), a $10 million surplus for 2025, and an S&P upgrade to AA following a bond refinancing.
The mayor of Vista used a State of the City-style address to highlight the city’s fiscal gains, saying long-term budgeting and disciplined reserves have left the city better positioned to invest in services.
The mayor said Vista’s emergency reserves rose "from about 8,000,000 to 40,800,000.0" since 2014 and that a pension trust established in…
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