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La Verne holds first reading of 2026–27 budget with modest projected surplus

Board of Mayor and Aldermen Meetings · May 1, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff presented a first reading of the fiscal 2026–27 budget showing projected general fund revenues of $45,883,435 and total expenditures of about $45,000,005.65, leaving a reported surplus; staff said the ordinance will appear in next week's packet ahead of public review.

The La Verne Board of Mayor and Aldermen reviewed the first reading of the fiscal-year 2026–27 budget at a workshop on April 30.

Bruce, speaking for city finance staff, told the board projected general fund revenues are $45,883,435 and total expenditures are approximately $45,000,005.65, leaving a surplus the speaker reported as $317,499.…

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