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