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Indio council approves FY2025–26 midyear budget updates; staff projects $6 million additional revenue
Summary
The City of Indio approved midyear budget amendments and related personnel updates after Finance Director Ruby Walla reported a projected $6 million in additional FY2025–26 revenue, separate Measure X accounting, and a $205M capital plan; the Indio Water Authority budget and one new community beautification position were also approved.
The Indio City Council on Feb. 18 approved midyear amendments to the FY 2025–26 budget, accepted updates to the authorized positions list and the citywide classification and compensation schedule, and reviewed a summary for the Indio Water Authority.
Finance Director Ruby Walla presented the midyear report, telling the council staff projects about $6,000,000 in additional revenue for the fiscal year. "We're projecting to have an additional $6,000,000 in additional revenue," Walla said, explaining the gain stems from several sources, including transient occupancy taxes and stronger-than-expected collections from short‑term rentals (STRs).
Walla walked council through the general fund overview and a multiyear projection. She said the city’s ending fund balance for…
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