Finance Advisory Committee: Measure W forecast revised downward; community center financing RFP due
City staff told the Cathedral City Finance Advisory Committee that Measure W revenues now look closer to $4.5 million for the year (about $900,000 per pillar) rather than the originally estimated $5 million, and briefed the panel on a community center financing RFP that closed June 8 seeking alternatives to a 20-year bond.
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Chair Danny Lee opened the Cathedral City Finance Advisory Committee meeting on June 8, 2026, where staff presented an updated forecast for Measure W revenues and discussed next steps for a community center financing study.
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