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Riverside council approves biennial budget, cites reserves and cautious spending amid uncertainty
Summary
The Riverside City Council adopted a biennial budget for fiscal 2025–26 after a presentation from finance staff outlining revenue projections, reserve levels and Measure Z allocations. Councilmembers praised the plan—ut emphasized monitoring economic indicators and prioritizing critical services such as police, fire and parks.
The Riverside City Council voted unanimously June 17 to adopt the city's biennial budget for fiscal years 2025–26 following a detailed presentation from city finance staff.
City budget analyst Sergio Aguilar told the council the city is in a "position fiscal sólida," outlining revenue estimates, reserve balances and proposed adjustments to address economic uncertainty. Aguilar said the budget assumes slower growth in sales and…
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