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Monrovia council adopts final FY25-26 budget adjustments, citing one-time settlement revenue
Summary
The Monrovia City Council on May 5 adopted Resolution No. 2026-18 approving final adjustments to the FY25-26 budget, which reduce some revenues and expenditures while relying in part on a one-time PFAS settlement to produce a projected general fund surplus of about $611,000.
The Monrovia City Council adopted Resolution No. 2026-18 on May 5 to approve the city’s final budget adjustments for fiscal year 2025–26.
Ray, the city’s Administrative Services Director, told the council the adjustments align the budget with updated estimates. He said major revenue categories such as property and sales tax remain “performing as projected,” but staff proposed reductions in development-related impact fees (about $1,050,000) and in several permit- and plan-check revenue…
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