2025 05 07 FAC
FINANCIAL ADVISORY COMMISSION Page 1 of 4 MAY 7, 2025
AGENDA
FINANCIAL ADVISORY COMMISSION
AGENDA
CITY HALL COUNCIL CHAMBER
78495 Calle Tampico, La Quinta
WEDNESDAY, MAY 7, 2025, AT 3:30 P.M.
Members of the public may listen to this meeting by tuning-in live via
www.laquintaca.gov/livemeetings.
CALL TO ORDER
Roll Call: Commissioners Anderson, Batavick, Kiehl, Lee, Mast, Way, and Chair Dorsey
PLEDGE OF ALLEGIANCE
PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA
At this time, members of the public may address the Commission on any matter not listed
on the agenda pursuant to the “Public Comments – Instructions” listed at the end of the
agenda. The Commission values your comments; however, in accordance with State
law, no action shall be taken on any item not appearing on the agenda unless it is an
emergency item authorized by the Brown Act [Government Code § 54954.2(b)].
CONFIRMATION OF AGENDA
ANNOUNCEMENTS, PRESENTATIONS AND WRITTEN COMMUNICATIONS – None
CONSENT CALENDAR
NOTE: Consent Calendar items are routine in nature and can be approved by one motion.
PAGE
1. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED
JANUARY 31, 2025
5
Financial Advisory Commission agendas and
staff reports are now available on the City’s
web page: www.laquintaca.gov
FINANCIAL ADVISORY COMMISSION Page 2 of 4 MAY 7, 2025
AGENDA
2. RECEIVE AND FILE REVENUE EXPENDITURE REPORT DATED FEBRUARY
28, 2025
11
BUSINESS SESSION
PAGE
1. APPROVE FISCAL YEAR 2025/26 MEETING SCHEDULE 17
STUDY SESSION
PAGE
1. DISCUSS FISCAL YEAR 2025/26 INVESTMENT POLICY
19
2. DISCUSS FISCAL YEAR 2025/26 PRELIMINARY PROPOSED BUDGET 51
DEPARTMENTAL REPORTS
PAGE
1. FINANCE DEPARTMENT CURRENT AND FUTURE INITIATIVES
137
2. FOURTH QUARTER 2024 (OCTOBER -DECEMBER) SALES TAX UPDATE 145
COMMISSIONERS’ ITEMS
ADJOURNMENT
The La Quinta Financial Advisory Commission will hold a special meeting on June 4,
2025, commencing at 3:30 p.m. at the La Quinta City Hall Council Chamber, 78495 Calle
Tampico, La Quinta, CA 92253.
DECLARATION OF POSTING
I, Amanda Guerrero, Secretary of the Financial Advisory Commission of the City of La
Quinta, do hereby declare that the foregoing Agenda for the Commission meeting of
May 7, 2025, was posted on the City’s website, near the entrance to the Council Chamber
at 78495 Calle Tampico and the bulletin board at 51321 Avenida Bermudas, on May 2,
2025.
DATED: May 2, 2025
Amanda Guerrero, Commission Secretary
City of La Quinta, California
Public Notices
Agenda packet materials are available for public inspection: 1) at the Clerk’s Office at La
Quinta City Hall, located at 78495 Calle Tampico, La Quinta, California 92253; and 2) on the
FINANCIAL ADVISORY COMMISSION Page 3 of 4 MAY 7, 2025
AGENDA
City’s website at https://www.laquintaca.gov/our-city/city-government/boards-and-
commissions/financial-advisory-commission in accordance with the Brown Act [Government
Code § 54957.5; AB 2647 (Stats. 2022, Ch. 971)].
The La Quinta City Council Chamber is handicapped accessible. If special equipment is
needed for the hearing impaired, please contact Commission Secretary at (760) 777-7055,
24-hours in advance of the meeting and accommodations will be made.
If background material is to be presented to the Commission during a Commission meeting,
please be advised that 15 copies of all documents, exhibits, etc., must be supplied to the
Commission Secretary for distribution. It is requested that this takes place prior to the
beginning of the meeting.
PUBLIC COMMENTS – INSTRUCTIONS
Members of the public may address the Commission on any matter listed or not listed on the
agenda as follows:
WRITTEN PUBLIC COMMENTS can be provided either in-person during the meeting by
submitting 15 copies to the Commission Secretary, it is requested that this takes place prior to
the beginning of the meeting; or can be emailed in advance to CMartinez@LaQuintaCA.gov, no
later than 12:00 p.m., on the day of the meeting. Written public comments will be distributed to
the Commission, made public, and will be incorporated into the public record of the meeting, but
will not be read during the meeting unless, upon the request of the Chair, a brief summary of
public comments is asked to be reported.
If written public comments are emailed, the email subject line must clearly state “Written
Comments” and should include: 1) full name, 2) city of residence, and 3) subject matter .
VERBAL PUBLIC COMMENTS can be provided in-person during the meeting by completing a
“Request to Speak” form and submitting it to the Commission Secretary; it is requested that this
takes place prior to the beginning of the meeting. Please limit your comments to three (3) minutes
(or approximately 350 words). Members of the public shall be called upon to speak by the Chair.
In accordance with City Council Resolution No. 2022-028, a one-time additional speaker time
donation of three (3) minutes per individual is permitted; please note that the member of the public
donating time must: 1) submit this in writing to the Commission Secretary by completing a
“Request to Speak” form noting the name of the person to whom time is being donated to, and 2)
be present at the time the speaker provides verbal comments.
Verbal public comments are defined as comments provided in the speakers’ own voice and may
not include video or sound recordings of the speaker or of other individuals or entities, unless
permitted by the Chair.
Public speakers may elect to use printed presentation materials to aid their comments; 15 copies
of such printed materials shall be provided to the Commission Secretary to be disseminated to
the Commission, made public, and incorporated into the public record of the meeting; it is
requested that the printed materials are provided prior to the beginning of the meeting. There
shall be no use of Chamber resources and technology to display visual or audible presentations
during public comments, unless permitted by the Chair.
FINANCIAL ADVISORY COMMISSION Page 4 of 4 MAY 7, 2025
AGENDA
All writings or documents, including but not limited to emails and attachments to emails, submitted
to the City regarding any item(s) listed or not listed on this agenda are public records. All
information in such writings and documents is subject to disclosure as being in the public domain
and subject to search and review by electronic means, including but not limited to the City’s
Internet Web site and any other Internet Web-based platform or other Web-based form of
communication. All information in such writings and documents similarly is subject to disclosure
pursuant to the California Public Records Act [Government Code § 7920.000 et seq.].
TELECONFERENCE ACCESSIBILITY – INSTRUCTIONS
Teleconference accessibility may be triggered in accordance with AB 2449 (Stats. 2022, Ch. 285),
codified in the Brown Act [Government Code § 54953], if a member of the Financial Advisory
Commission requests to attend and participate in this meeting remotely due to “just cause” or
“emergency circumstances,” as defined, and only if the request is approved. In such instances,
remote public accessibility and participation will be facilitated via Zoom Webinar as detailed at the
end of this Agenda.
*** TELECONFERENCE PROCEDURES***
APPLICABLE ONLY WHEN TELECONFERENCE ACCESSIBILITY IS IN EFFECT
Pursuant to Government Code § 54953(f) [AB 2449, Stats. 2022, Ch. 285, Rubio].
Verbal public comments via Teleconference – members of the public may attend and
participate in this meeting by teleconference via Zoom and use the “raise your hand” feature
when public comments are prompted by the Chair; the City will facilitate the ability for a member
of the public to be audible to the Commission and general public and allow him/her/they to speak
on the item(s) requested. Please note – members of the public must unmute themselves
when prompted upon being recognized by the Chair, in order to become audible to the
Commission and the public.
Only one person at a time may speak by teleconference and only after being recognized by the
Chair.
ZOOM LINK: https://us06web.zoom.us/j/88165609917
Meeting ID: 881 6560 9917
Or join by phone: (253) 215 – 8782
Written public comments – can be provided in person during the meeting or emailed to
CMartinez@LaQuintaCA.gov any time prior to the adjournment of the meeting, and will be
distributed to the Commission, made public, incorporated into the public record of the meeting,
and will not be read during the meeting unless, upon the request of the Chair, a brief summary of
any public comment is asked to be read, to the extent the Committee can accommodate such
request.
City of La Quinta
FINANCIAL ADVISORY COMMISSION MEETING: May 7, 2025
STAFF REPORT
AGENDA TITLE: RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT
DATED JANUARY 31, 2025
RECOMMENDATION
Receive and file revenue and expenditure report dated January 31, 2025.
EXECUTIVE SUMMARY
The report summarizes the City’s year-to-date (YTD) and month-to-date (MTD)
revenues and expenditures for January 2025 (Attachment 1).
These reports are also reviewed by the City Council.
FISCAL IMPACT – None
BACKGROUND/ANALYSIS
Below is a summary of the column headers used on the Revenue and Expenditure
Summary Reports:
Original Total Budget – represents revenue and expenditure budgets the Council
adopted in June 2024 for fiscal year 2024/25.
Current Total Budget – represents original adopted budgets plus any Council
approved budget amendments from throughout the year, including any carryovers
from fiscal year 2023/24.
Period Activity – represents actual revenues received and expenditures outlaid in
the reporting month.
Fiscal Activity – represents actual revenues received and expenditures outlaid
YTD.
Variance Favorable/(Unfavorable) - represents the dollar difference between YTD
collections/expenditures and the current budgeted amount.
Percent Used – represents the percentage activity as compared to budget YTD.
CONSENT CALENDAR ITEM NO. 1
5
Revenues are not received uniformly throughout the year, resulting in peaks and valleys.
For example, large property tax payments are usually received in December and May.
Similarly, Redevelopment Property Tax Trust Fund payments are typically received in
January and June. Any timing imbalance of revenue receipts versus expenditures is
funded from the City’s cash flow reserve. Unlike revenues, expenditures are more likely
to be consistent from month to month. However, large debt service payments or CIP
expenditures can cause swings.
Prepared by: Rosemary Hallick, Principal Management Analyst
Approved by: Claudia Martinez, Finance Director
Attachment: 1. Revenue and Expenditure Report for January 31, 2025
MTD YTD
Percent of
Budget YTD
Percent of
Budget
General Fund (GF) $9,080,873 $37,830,906 43.13% $27,038,689 34.45%
All Funds $20,211,563 $63,176,275 29.05% $62,070,114 32.00%
MTD YTD
YTD
Percent of
Budget YTD
Percent of
Budget
General Fund $7,108,962 $31,591,251 29.77% $25,199,937 25.45%
Payroll (GF)$1,210,232 $6,765,861 47.88% $6,758,820 50.48%
All Funds $10,334,797 $75,195,725 31.24% $70,794,239 31.02%
January 2025 Revenues Comparison to 2024
January 2025 Expenditures Comparison to 2024
General Fund Non-General Fund
Property Tax 4,086,534$ County Government Revenue(1)5,142,612$
Transient Occupancy Tax (TOT)1,291,831$ Gas Tax 690,474$
Measure G Sales Tax 1,227,920$ SilverRock Green Fees 677,745$
Sales Tax 972,725$ Lighting and Landscape District Assessments 529,863$
CSA-152 Assessments 567,236$ Allocated Interest 480,127$
General Fund Non-General Fund
Sheriff Contract (Oct/Nov)1,155,382$ Capital Improvement Program - Construction(2)1,373,515$
Contingency for Operations 252,592$ Lighting & Landscape Maintenance Contract 240,586$
Visit Greater Palm Springs 98,443$ Affordable Housing Project Development 232,299$
X-Park Programming 96,408$ SilverRock Golf Course Maintenance 205,858$
Parks Landscape Maintenance Contract 93,482$ Machinery & Equipment 126,500$
Top Five Revenue/Income Sources for January
Top Five Expenditures/Outlays for January
(1)Dedicated revenue from the Redevelopment Property Tax Trust Fund (RPTTF) for Successor Agency semi-
annual debt service obligations.
(2)CIP Construction: pavement management program; Dune Palms bridge
6
For Fiscal: 2024/25 Period Ending: 01/31/2025
Page 1 of 3
Revenue Summary
Fiscal
Activity
Variance
Favorable
(Unfavorable)Fund
Period
Activity
Current
Total Budget
Original
Total Budget
Percent
Used
101 - GENERAL FUND 37,830,9069,080,87382,714,300 87,707,804 -49,876,898 43.13%
105 - DISASTER RECOVERY FUND -12,424030,000 30,000 -42,424 41.41%
201 - GAS TAX FUND 1,533,269690,4742,589,000 2,589,000 -1,055,731 59.22%
202 - LIBRARY & MUSEUM FUND 656,5375713,143,000 3,143,000 -2,486,463 20.89%
203 - PUBLIC SAFETY FUND (MEASURE G)-22805,000 5,000 -5,228 4.55%
210 - FEDERAL ASSISTANCE FUND -30190,000 190,000 -190,003 0.00%
212 - SLESA (COPS) FUND 127,2588,333103,000 103,000 24,258 123.55%
215 - LIGHTING & LANDSCAPING FUND 3,073,3613,049,3944,000,500 4,000,500 -927,139 76.82%
221 - AB 939 - CALRECYCLE FUND 22,4888,09380,000 80,000 -57,512 28.11%
223 - MEASURE A FUND 736,424141,0382,025,000 2,025,000 -1,288,576 36.37%
225 - INFRASTRUCTURE FUND -2401,000 1,000 -1,024 2.41%
226 - EMERGENCY MANAGEMENT PERFORMANCE GRANT (EMPG)0013,000 13,000 -13,000 0.00%
227 - STATE HOMELAND SECURITY PROGRAMS (SHSP)005,500 5,500 -5,500 0.00%
230 - CASp FUND, AB 1379 9,8951,79621,000 21,000 -11,105 47.12%
231 - SUCCESSOR AGCY PA 1 RORF 5,170,1035,142,68620,260,000 20,260,000 -15,089,897 25.52%
235 - SO COAST AIR QUALITY FUND 12,885054,500 54,500 -41,615 23.64%
237 - SUCCESSOR AGCY PA 1 ADMIN -233013,820 13,820 -14,053 1.69%
241 - HOUSING AUTHORITY 708,28188,8821,452,000 1,452,000 -743,719 48.78%
243 - RDA LOW-MOD HOUSING FUND -5,289060,000 60,000 -65,289 8.82%
244 - HOUSING GRANTS (Multiple)67,475000 67,475 0.00%
247 - ECONOMIC DEVELOPMENT FUND 1,998040,000 40,000 -38,002 4.99%
249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 2016)55,3314,48318,000 18,000 37,331 307.39%
250 - TRANSPORTATION DIF FUND 247,09112,027540,000 540,000 -292,909 45.76%
251 - PARKS & REC DIF FUND 67,5086,318253,000 253,000 -185,492 26.68%
252 - CIVIC CENTER DIF FUND 46,3923,690103,000 103,000 -56,608 45.04%
253 - LIBRARY DEVELOPMENT DIF 13,1011,19150,000 50,000 -36,899 26.20%
254 - COMMUNITY & CULTURAL CENTERS DIF 30,2282,868105,000 105,000 -74,772 28.79%
255 - STREET FACILITY DIF FUND -10001,000 1,000 -1,100 10.04%
256 - PARK FACILITY DIF FUND -90100100 -109 9.45%
257 - FIRE PROTECTION DIF 13,7371,10753,000 53,000 -39,263 25.92%
259 - MAINTENANCE FACILITIES DIF FUND 16,89993947,000 47,000 -30,101 35.96%
270 - ART IN PUBLIC PLACES FUND 88,85150,736158,000 158,000 -69,149 56.23%
275 - LQ PUBLIC SAFETY OFFICER 1,9312,0003,000 3,000 -1,069 64.37%
299 - INTEREST ALLOCATION FUND 4,578,360480,12700 4,578,360 0.00%
310 - LQ FINANCE AUTHORITY DEBT SERVICE -101,500 1,500 -1,501 0.07%
401 - CAPITAL IMPROVEMENT PROGRAMS 1,304,011027,218,109 82,703,042 -81,399,031 1.58%
405 - SA PA 1 CAPITAL IMPRV FUND -80500500 -508 1.51%
501 - FACILITY & FLEET REPLACEMENT 741,11801,705,000 1,705,000 -963,882 43.47%
502 - INFORMATION TECHNOLOGY 1,569,96311,1062,276,708 2,276,708 -706,745 68.96%
503 - PARK EQUIP & FACILITY FUND 495,4140500,000 500,000 -4,586 99.08%
504 - INSURANCE FUND 680,50801,363,230 1,363,230 -682,722 49.92%
601 - SILVERROCK RESORT 2,823,2831,253,1685,484,500 5,484,500 -2,661,217 51.48%
602 - SILVERROCK GOLF RESERVE 87,11888,00098,000 98,000 -10,882 88.90%
760 - SUPPLEMENTAL PENSION PLAN 4,9125,0007,000 7,000 -2,088 70.17%
761 - CERBT OPEB TRUST 72,353040,000 40,000 32,353 180.88%
762 - PARS PENSION TRUST 305,60576,662200,000 200,000 105,605 152.80%
Report Total:20,211,563 63,176,275157,026,267 217,504,704 -154,328,429 29.05%
ATTACHMENT 1
Accounts are subject to adjusting entries and audit. The City's Annual Comprehensive Financial Report, published annually, is the best resource for all final
audited numbers.
7
For Fiscal: 2024/25 Period Ending: 01/31/2025
Page 2 of 3
Expenditure Summary
Fiscal
Activity
Variance
Favorable
(Unfavorable)Fund
Period
Activity
Current
Total Budget
Original
Total Budget
Percent
Used
101 - GENERAL FUND 31,591,2517,108,96283,331,665 106,123,185 74,531,933 29.77%
105 - DISASTER RECOVERY FUND 4,993,504004,993,504 0 100.00%
201 - GAS TAX FUND 1,706,500153,1063,443,100 5,749,202 4,042,703 29.68%
202 - LIBRARY & MUSEUM FUND 1,054,99029,3452,555,615 5,010,360 3,955,370 21.06%
203 - PUBLIC SAFETY FUND (MEASURE G)00020,376 20,376 0.00%
210 - FEDERAL ASSISTANCE FUND 00198,500 198,500 198,500 0.00%
212 - SLESA (COPS) FUND 75,0149,017100,000 100,000 24,986 75.01%
215 - LIGHTING & LANDSCAPING FUND 2,170,604358,5903,957,700 4,532,700 2,362,096 47.89%
220 - QUIMBY FUND 000262,685 262,685 0.00%
221 - AB 939 - CALRECYCLE FUND 53,5557,000200,000 200,000 146,445 26.78%
223 - MEASURE A FUND 149,01702,335,000 4,456,986 4,307,969 3.34%
226 - EMERGENCY MANAGEMENT PERFORMANCE GRANT (EMPG)11,373012,000 12,000 627 94.78%
227 - STATE HOMELAND SECURITY PROGRAMS (SHSP)4,2044,2045,000 5,000 796 84.08%
230 - CASp FUND, AB 1379 005,500 5,500 5,500 0.00%
231 - SUCCESSOR AGCY PA 1 RORF 15,050,68004,452,755 4,452,755 -10,597,925 338.01%
235 - SO COAST AIR QUALITY FUND 4,203040,000 40,000 35,797 10.51%
237 - SUCCESSOR AGCY PA 1 ADMIN 1,600010,000 10,000 8,400 16.00%
241 - HOUSING AUTHORITY 883,266116,3031,715,440 1,965,440 1,082,174 44.94%
243 - RDA LOW-MOD HOUSING FUND 300,8000250,000 350,000 49,200 85.94%
247 - ECONOMIC DEVELOPMENT FUND 4,494031,500 31,500 27,006 14.27%
249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 2016)539,404232,299250,000 657,003 117,599 82.10%
250 - TRANSPORTATION DIF FUND 400,45401,579,109 2,837,567 2,437,114 14.11%
251 - PARKS & REC DIF FUND 62,57300843,615 781,042 7.42%
252 - CIVIC CENTER DIF FUND 000249,925 249,925 0.00%
253 - LIBRARY DEVELOPMENT DIF 5,617015,000 15,000 9,383 37.45%
254 - COMMUNITY & CULTURAL CENTERS DIF 00500,000 625,000 625,000 0.00%
259 - MAINTENANCE FACILITIES DIF FUND 00100,000 280,000 280,000 0.00%
270 - ART IN PUBLIC PLACES FUND 73,57113,568233,000 741,799 668,228 9.92%
310 - LQ FINANCE AUTHORITY DEBT SERVICE 001,500 1,500 1,500 0.00%
401 - CAPITAL IMPROVEMENT PROGRAMS 8,583,4051,497,40427,218,109 80,726,566 72,143,161 10.63%
501 - FACILITY & FLEET REPLACEMENT 1,249,024163,5601,628,750 2,665,364 1,416,340 46.86%
502 - INFORMATION TECHNOLOGY 1,510,713116,6863,217,945 3,367,945 1,857,232 44.86%
503 - PARK EQUIP & FACILITY FUND 625,61513,0002,000,000 2,700,000 2,074,385 23.17%
504 - INSURANCE FUND 1,045,7516691,058,000 1,058,000 12,249 98.84%
601 - SILVERROCK RESORT 3,011,148508,2685,365,000 5,365,000 2,353,852 56.13%
760 - SUPPLEMENTAL PENSION PLAN 12,833012,850 12,850 17 99.87%
761 - CERBT OPEB TRUST 82001,500 1,500 680 54.66%
762 - PARS PENSION TRUST 19,7402,81830,000 30,000 10,260 65.80%
Report Total:10,334,797 75,195,725145,854,538 240,698,327 165,502,602 31.24%
Accounts are subject to adjusting entries and audit. The City's Annual Comprehensive Financial Report, published annually, is the best resource for all final audited
numbers.
8
Fund #Name Notes
101 General Fund The primary fund of the City used to account for all revenue and expenditures of the City; a broad range of municipal
activities are provided through this fund.
105 Disaster Recovery Fund
Accounts for use of one-time federal funding designed to deliver relief to American workers and aid in the economic
recovery iin the wake of COVID-19. The American Rescue Plan Act (ARPA) was passed by Congress in 2021 to
provide fiscal recovery funds to state and local governments.
201 Gas Tax Fund Gasoline sales tax allocations received from the State which are restricted to street-related expenditures.
202 Library and Museum Fund Revenues from property taxes and related expenditures for library and museum services.
203 Public Safety Fund General Fund Measure G sales tax revenue set aside for public safety expenditures.
210 Federal Assistance Fund Community Development Block Grant (CDBG) received from the federal government and the expenditures of those
resources.
212 SLESF (COPS) Fund Supplemental Law Enforcement Services Funds (SLESF) received from the State for law enforcement activities.
Also known as Citizen's Option for Public Safety (COPS).
215 Lighting & Landscaping Fund Special assessments levied on real property for city-wide lighting and landscape maintenance/improvements and the
expenditures of those resources.
220 Quimby Fund Developer fees received under the provisions of the Quimby Act for park development and improvements.
221 AB939 Fund/Cal Recycle Franchise fees collected from the city waste hauler that are used to reduce waste sent to landfills through recycling
efforts. Assembly Bill (AB) 939.
223 Measure A Fund County sales tax allocations which are restricted to street-related expenditures.
224 TUMF Fund Developer-paid Transportation Uniform Mitigation Fees (TUMF) utilized for traffic projects in Riverside County.
225 Infrastructure Fund Developer fees for the acquisition, construction or improvement of the City’s infrastructure as defined by Resolution
226 Emergency Mgmt. Performance Grant (EMPG)Federal Emergency Management Agency (FEMA) grant for emergency preparedness.
227 State Homeland Security Programs (SHSP)Federal Emergency Management Agency (FEMA) grant for emergency preparedness.
230 CASP Fund, AB1379 / SB1186 Certified Access Specialist (CASp) program fees for ADA Accessibility Improvements; derived from Business
License renewals. Assembly Bill (AB) 1379 and Senate Bill (SB) 1186.
231 Successor Agency PA 1 RORF Fund
Successor Agency (SA) Project Area (PA) 1 Redevelopment Obligation Retirement Fund (RORF) for Redevelopment
Property Tax Trust Fund (RPTTF) taxes received for debt service payments on recognized obligations of the former
Redevelopment Agency (RDA).
235 SO Coast Air Quality Fund (AB2766, PM10)Contributions from the South Coast Air Quality Management District. Uses are limited to the reduction and control of
airborne pollutants. Assembly Bill (AB) 2766.
237 Successor Agency PA 1 Admin Fund Successor Agency (SA) Project Area (PA) 1 for administration of the Recognized Obligation Payment Schedule
(ROPS) associated with the former Redevelopment Agency (RDA).
241 Housing Authority Activities of the Housing Authority which is to promote and provide quality affordable housing.
243 RDA Low-Moderate Housing Fund Activities of the Housing Authority which is to promote and provide quality affordable housing. Accounts for RDA loan
repayments (20% for Housing) and housing programs,.
244 Housing Grants Activites related Local Early Action Planning (LEAP) and SB2 grants for housing planning and development.
247 Economic Development Fund Proceeds from sale of City-owned land and transfers from General Fund for future economic development.
249 SA 2011 Low/Mod Bond Fund Successor Agency (SA) low/moderate housing fund; 2011 bonds refinanced in 2016.
250 Transportation DIF Fund Developer impact fees collected for specific public improvements - transportation related.
251 Parks & Rec. DIF Fund Developer impact fees collected for specific public improvements - parks and recreation.
252 Civic Center DIF Fund Developer impact fees collected for specific public improvements - Civic Center.
253 Library Development DIF Fund Developer impact fees collected for specific public improvements - library.
254 Community Center DIF Fund Developer impact fees collected for specific public improvements - community center.
255 Street Facility DIF Fund Developer impact fees collected for specific public improvements - streets.
256 Park Facility DIF Fund Developer impact fees collected for specific public improvements - parks.
257 Fire Protection DIF Fund Developer impact fees collected for specific public improvements - fire protection.
259 Maintenance Facilities DIF Fund Developer impact fees collected for specific public improvements - maintenance facilities.
270 Art In Public Places Fund Developer fees collected in lieu of art placement; utilized for acquisition, installation and maintenance of public
artworks.
275 LQ Public Safety Officer Fund Annual transfer in from General Fund; distributed to public safety officers disabled or killed in the line of duty.
299 Interest Allocation Fund Interest earned on investments.
310 LQ Finance Authority Debt Service Fund Accounted for the debt service the Financing Authority’s outstanding debt and any related reporting requirements.
This bond was fully paid in October 2018.
401 Capital Improvement Program Fund Planning, design, and construction of various capital projects throughout the City.
405 SA PA 1 Capital Improvement Fund Successor Agency (SA) Project Area (PA) 1 bond proceeds restricted by the bond indenture covenants. Used for
SilverRock infrastructure improvements.
501 Equipment Replacement Fund Internal Service Fund for vehicles, heavy equipment, and related facilities.
502 Information Technology Fund Internal Service Fund for computer hardware and software and phone systems.
503 Park Equipment & Facility Fund Internal Service Fund for park equipment and facilities.
504 Insurance Fund Internal Service Fund for city-wide insurance coverages.
601 SilverRock Resort Fund Enterprise Fund for activities of the city-owned golf course.
602 SilverRock Golf Reserve Fund Enterprise Fund for golf course reserves for capital improvements.
760 Supplemental Pension Plan (PARS Account)Supplemental pension savings plan for excess retiree benefits to general employees of the City.
761 Other Post Benefit Obligation Trust (OPEB)For retiree medical benefits and unfunded liabilities.
762 Pension Trust Benefit (PARS Account)For all pension-related benefits and unfunded liabilities.
Fund Descriptions
Page 3 of 3
9
10
City of La Quinta
FINANCIAL ADVISORY COMMISSION MEETING: May 7, 2025
STAFF REPORT
AGENDA TITLE: RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT
DATED FEBRUARY 28, 2025
RECOMMENDATION
Receive and file revenue and expenditure report dated February 28, 2025.
EXECUTIVE SUMMARY
The report summarizes the City’s year-to-date (YTD) and month-to-date (MTD)
revenues and expenditures for February 2025 (Attachment 1).
These reports are also reviewed by the City Council.
FISCAL IMPACT – None
BACKGROUND/ANALYSIS
Below is a summary of the column headers used on the Revenue and Expenditure
Summary Reports:
Original Total Budget – represents revenue and expenditure budgets the Council
adopted in June 2024 for fiscal year 2024/25.
Current Total Budget – represents original adopted budgets plus any Council
approved budget amendments from throughout the year, including any carryovers
from fiscal year 2023/24.
Period Activity – represents actual revenues received and expenditures outlaid in
the reporting month.
Fiscal Activity – represents actual revenues received and expenditures outlaid
YTD.
Variance Favorable/(Unfavorable) - represents the dollar difference between YTD
collections/expenditures and the current budgeted amount.
Percent Used – represents the percentage activity as compared to budget YTD.
CONSENT CALENDAR ITEM NO. 2
11
Revenues are not received uniformly throughout the year, resulting in peaks and valleys.
For example, large property tax payments are usually received in December and May.
Similarly, Redevelopment Property Tax Trust Fund payments are typically received in
January and June. Any timing imbalance of revenue receipts versus expenditures is
funded from the City’s cash flow reserve. Unlike revenues, expenditures are more likely
to be consistent from month to month. However, large debt service payments or CIP
expenditures can cause swings.
Prepared by: Rosemary Hallick, Principal Management Analyst
Approved by: Claudia Martinez, Finance Director
Attachment: 1. Revenue and Expenditure Report for February 28, 2025
MTD YTD
YTD
Percent of
Budget YTD
Percent of
Budget
General Fund (GF) $8,254,853 $46,085,759 52.54% $37,678,968 48.01%
All Funds $10,227,929 $73,404,204 33.75% $75,505,132 38.32%
MTD YTD
Percent of
Budget YTD
Percent of
Budget
General Fund $4,828,037 $36,419,289 34.32% $30,147,734 30.45%
Payroll (GF)$892,221 $7,658,082 54.20% $7,945,338 59.34%
All Funds $7,361,926 $82,557,651 34.30% $78,437,411 34.37%
February 2025 Revenues Comparison to 2024
February 2025 Expenditures Comparison to 2024
General Fund Non-General Fund
Property Tax in lieu of Vehicle License Fees 2,992,984$ SilverRock Green Fees 610,028$
Measure G Sales Tax 1,673,290$ Allocated Interest 553,295$
Sales Tax 1,305,532$ County Sales Tax (Measure A)215,394$
Transient Occupancy (Hotel) Tax 1,455,078$ Gas Tax 178,154$
Fire Service Credit 162,636$ Housing Authority Rent Revenue 92,328$
General Fund Non-General Fund
Sheriff Contract (Nov.-Dec.-Jan)2,403,095$ Capital Improvement Program - Construction(1)916,031$
Contingency for Operations 695,527$ SilverRock Golf Course Maintenance 215,560$
Contract Legal Services 167,158$ Capital Improvement Program - Design(2)208,422$
Parks Landscape Maintenance 93,482$ Lighting & Landscape Maintenance Contract 130,125$
Marketing and Tourism Promotions 83,687$ Capital Improvement Program - Professional Services(3)103,647$
Top Five Revenue/Income Sources for February
Top Five Expenditures/Outlays for February
(1)CIP Construction: Dune Palms bridge.
(2)CIP Design: Design services associated with multiple ongoing projects including Highway 111 corridor, Avenue 50 bridge, and the cultural campus.
(3)CIP Professional Services: Consulting expenses associated with multiple ongoing capital improvement projects.
12
For Fiscal: 2024/25 Period Ending: 02/28/2025
Page 1 of 3
Revenue Summary
Fiscal
Activity
Variance
Favorable
(Unfavorable)Fund
Period
Activity
Current
Total Budget
Original
Total Budget
Percent
Used
101 - GENERAL FUND 46,085,7598,254,85382,714,300 87,707,804 -41,622,045 52.54%
105 - DISASTER RECOVERY FUND -12,424030,000 30,000 -42,424 41.41%
201 - GAS TAX FUND 1,711,423178,1542,589,000 2,589,000 -877,577 66.10%
202 - LIBRARY & MUSEUM FUND 656,9614253,143,000 3,143,000 -2,486,039 20.90%
203 - PUBLIC SAFETY FUND (MEASURE G)-22805,000 5,000 -5,228 4.55%
210 - FEDERAL ASSISTANCE FUND -30190,000 190,000 -190,003 0.00%
212 - SLESA (COPS) FUND 135,5918,333103,000 103,000 32,591 131.64%
215 - LIGHTING & LANDSCAPING FUND 3,073,36104,000,500 4,000,500 -927,139 76.82%
221 - AB 939 - CALRECYCLE FUND 22,488080,000 80,000 -57,512 28.11%
223 - MEASURE A FUND 951,817215,3942,025,000 2,025,000 -1,073,183 47.00%
225 - INFRASTRUCTURE FUND -2401,000 1,000 -1,024 2.41%
226 - EMERGENCY MANAGEMENT PERFORMANCE GRANT (EMPG)0013,000 13,000 -13,000 0.00%
227 - STATE HOMELAND SECURITY PROGRAMS (SHSP)005,500 5,500 -5,500 0.00%
230 - CASp FUND, AB 1379 11,5791,68421,000 21,000 -9,421 55.14%
231 - SUCCESSOR AGCY PA 1 RORF 5,170,1757220,260,000 20,260,000 -15,089,825 25.52%
235 - SO COAST AIR QUALITY FUND 12,885054,500 54,500 -41,615 23.64%
237 - SUCCESSOR AGCY PA 1 ADMIN -233013,820 13,820 -14,053 1.69%
241 - HOUSING AUTHORITY 811,908103,6271,452,000 1,452,000 -640,092 55.92%
243 - RDA LOW-MOD HOUSING FUND -5,289060,000 60,000 -65,289 8.82%
244 - HOUSING GRANTS (Multiple)67,475000 67,475 0.00%
247 - ECONOMIC DEVELOPMENT FUND 1,998040,000 40,000 -38,002 4.99%
249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 2016)55,331018,000 18,000 37,331 307.39%
250 - TRANSPORTATION DIF FUND 337,97390,882540,000 540,000 -202,027 62.59%
251 - PARKS & REC DIF FUND 78,03810,530253,000 253,000 -174,962 30.84%
252 - CIVIC CENTER DIF FUND 57,13110,739103,000 103,000 -45,869 55.47%
253 - LIBRARY DEVELOPMENT DIF 15,0861,98550,000 50,000 -34,914 30.17%
254 - COMMUNITY & CULTURAL CENTERS DIF 35,0084,780105,000 105,000 -69,992 33.34%
255 - STREET FACILITY DIF FUND -10001,000 1,000 -1,100 10.04%
256 - PARK FACILITY DIF FUND -90100100 -109 9.45%
257 - FIRE PROTECTION DIF 16,9093,17353,000 53,000 -36,091 31.90%
259 - MAINTENANCE FACILITIES DIF FUND 22,5175,61847,000 47,000 -24,483 47.91%
270 - ART IN PUBLIC PLACES FUND 113,60924,758158,000 158,000 -44,391 71.90%
275 - LQ PUBLIC SAFETY OFFICER 1,93103,000 3,000 -1,069 64.37%
299 - INTEREST ALLOCATION FUND 5,131,656553,29500 5,131,656 0.00%
310 - LQ FINANCE AUTHORITY DEBT SERVICE -101,500 1,500 -1,501 0.07%
401 - CAPITAL IMPROVEMENT PROGRAMS 1,304,011027,218,109 82,703,042 -81,399,031 1.58%
405 - SA PA 1 CAPITAL IMPRV FUND -80500500 -508 1.51%
501 - FACILITY & FLEET REPLACEMENT 741,11801,705,000 1,705,000 -963,882 43.47%
502 - INFORMATION TECHNOLOGY 1,579,7029,7392,276,708 2,276,708 -697,006 69.39%
503 - PARK EQUIP & FACILITY FUND 495,4140500,000 500,000 -4,586 99.08%
504 - INSURANCE FUND 680,50801,363,230 1,363,230 -682,722 49.92%
601 - SILVERROCK RESORT 3,505,218681,9355,484,500 5,484,500 -1,979,282 63.91%
602 - SILVERROCK GOLF RESERVE 87,118098,000 98,000 -10,882 88.90%
760 - SUPPLEMENTAL PENSION PLAN 4,91207,000 7,000 -2,088 70.17%
761 - CERBT OPEB TRUST 72,353040,000 40,000 32,353 180.88%
762 - PARS PENSION TRUST 373,55867,953200,000 200,000 173,558 186.78%
Report Total:10,227,929 73,404,204157,026,267 217,504,704 -144,100,500 33.75%
ATTACHMENT 1
Accounts are subject to adjusting entries and audit. The City's Annual Comprehensive Financial Report, published annually, is the best resource for all final audited
numbers.
13
For Fiscal: 2024/25 Period Ending: 02/28/2025
Page 2 of 3
Expenditure Summary
Fiscal
Activity
Variance
Favorable
(Unfavorable)Fund
Period
Activity
Current
Total Budget
Original
Total Budget
Percent
Used
101 - GENERAL FUND 36,419,2894,828,03783,331,665 106,123,185 69,703,896 34.32%
105 - DISASTER RECOVERY FUND 4,993,504004,993,504 0 100.00%
201 - GAS TAX FUND 1,768,42161,9223,443,100 5,749,202 3,980,781 30.76%
202 - LIBRARY & MUSEUM FUND 1,090,21635,2262,555,615 5,010,360 3,920,144 21.76%
203 - PUBLIC SAFETY FUND (MEASURE G)00020,376 20,376 0.00%
210 - FEDERAL ASSISTANCE FUND 00198,500 198,500 198,500 0.00%
212 - SLESA (COPS) FUND 91,86016,846100,000 100,000 8,140 91.86%
215 - LIGHTING & LANDSCAPING FUND 2,428,929258,3243,957,700 4,532,700 2,103,771 53.59%
220 - QUIMBY FUND 000262,685 262,685 0.00%
221 - AB 939 - CALRECYCLE FUND 58,5715,016200,000 200,000 141,429 29.29%
223 - MEASURE A FUND 149,01702,335,000 4,456,986 4,307,969 3.34%
226 - EMERGENCY MANAGEMENT PERFORMANCE GRANT (EMPG)11,373012,000 12,000 627 94.78%
227 - STATE HOMELAND SECURITY PROGRAMS (SHSP)4,20405,000 5,000 796 84.08%
230 - CASp FUND, AB 1379 8228225,500 5,500 4,678 14.95%
231 - SUCCESSOR AGCY PA 1 RORF 15,050,68004,452,755 4,452,755 -10,597,925 338.01%
235 - SO COAST AIR QUALITY FUND 4,203040,000 40,000 35,797 10.51%
237 - SUCCESSOR AGCY PA 1 ADMIN 1,600010,000 10,000 8,400 16.00%
241 - HOUSING AUTHORITY 1,011,338128,0721,715,440 1,965,440 954,102 51.46%
243 - RDA LOW-MOD HOUSING FUND 300,8000250,000 350,000 49,200 85.94%
247 - ECONOMIC DEVELOPMENT FUND 4,66116731,500 31,500 26,839 14.80%
249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 2016)539,4040250,000 657,003 117,599 82.10%
250 - TRANSPORTATION DIF FUND 400,45401,579,109 2,837,567 2,437,114 14.11%
251 - PARKS & REC DIF FUND 62,57300843,615 781,042 7.42%
252 - CIVIC CENTER DIF FUND 000249,925 249,925 0.00%
253 - LIBRARY DEVELOPMENT DIF 5,617015,000 15,000 9,383 37.45%
254 - COMMUNITY & CULTURAL CENTERS DIF 00500,000 625,000 625,000 0.00%
259 - MAINTENANCE FACILITIES DIF FUND 00100,000 280,000 280,000 0.00%
270 - ART IN PUBLIC PLACES FUND 79,8026,231233,000 741,799 661,997 10.76%
310 - LQ FINANCE AUTHORITY DEBT SERVICE 001,500 1,500 1,500 0.00%
401 - CAPITAL IMPROVEMENT PROGRAMS 9,824,5821,241,17727,218,109 80,726,566 70,901,984 12.17%
501 - FACILITY & FLEET REPLACEMENT 1,365,333116,3091,628,750 2,665,364 1,300,030 51.23%
502 - INFORMATION TECHNOLOGY 1,606,92296,2093,217,945 3,367,945 1,761,023 47.71%
503 - PARK EQUIP & FACILITY FUND 649,94124,3262,000,000 2,700,000 2,050,059 24.07%
504 - INSURANCE FUND 1,045,158-5931,058,000 1,058,000 12,842 98.79%
601 - SILVERROCK RESORT 3,552,134540,9865,365,000 5,365,000 1,812,866 66.21%
760 - SUPPLEMENTAL PENSION PLAN 12,833012,850 12,850 17 99.87%
761 - CERBT OPEB TRUST 82001,500 1,500 680 54.66%
762 - PARS PENSION TRUST 22,5892,84930,000 30,000 7,411 75.30%
Report Total:7,361,926 82,557,651145,854,538 240,698,327 158,140,675 34.30%
Accounts are subject to adjusting entries and audit. The City's Annual Comprehensive Financial Report, published annually, is the best resource for all final
audited numbers.
14
Fund #Name Notes
101 General Fund The primary fund of the City used to account for all revenue and expenditures of the City; a broad range of municipal
activities are provided through this fund.
105 Disaster Recovery Fund
Accounts for use of one-time federal funding designed to deliver relief to American workers and aid in the economic
recovery iin the wake of COVID-19. The American Rescue Plan Act (ARPA) was passed by Congress in 2021 to
provide fiscal recovery funds to state and local governments.
201 Gas Tax Fund Gasoline sales tax allocations received from the State which are restricted to street-related expenditures.
202 Library and Museum Fund Revenues from property taxes and related expenditures for library and museum services.
203 Public Safety Fund General Fund Measure G sales tax revenue set aside for public safety expenditures.
210 Federal Assistance Fund Community Development Block Grant (CDBG) received from the federal government and the expenditures of those
resources.
212 SLESF (COPS) Fund Supplemental Law Enforcement Services Funds (SLESF) received from the State for law enforcement activities.
Also known as Citizen's Option for Public Safety (COPS).
215 Lighting & Landscaping Fund Special assessments levied on real property for city-wide lighting and landscape maintenance/improvements and the
expenditures of those resources.
220 Quimby Fund Developer fees received under the provisions of the Quimby Act for park development and improvements.
221 AB939 Fund/Cal Recycle Franchise fees collected from the city waste hauler that are used to reduce waste sent to landfills through recycling
efforts. Assembly Bill (AB) 939.
223 Measure A Fund County sales tax allocations which are restricted to street-related expenditures.
224 TUMF Fund Developer-paid Transportation Uniform Mitigation Fees (TUMF) utilized for traffic projects in Riverside County.
225 Infrastructure Fund Developer fees for the acquisition, construction or improvement of the City’s infrastructure as defined by Resolution
226 Emergency Mgmt. Performance Grant (EMPG)Federal Emergency Management Agency (FEMA) grant for emergency preparedness.
227 State Homeland Security Programs (SHSP)Federal Emergency Management Agency (FEMA) grant for emergency preparedness.
230 CASP Fund, AB1379 / SB1186 Certified Access Specialist (CASp) program fees for ADA Accessibility Improvements; derived from Business
License renewals. Assembly Bill (AB) 1379 and Senate Bill (SB) 1186.
231 Successor Agency PA 1 RORF Fund
Successor Agency (SA) Project Area (PA) 1 Redevelopment Obligation Retirement Fund (RORF) for Redevelopment
Property Tax Trust Fund (RPTTF) taxes received for debt service payments on recognized obligations of the former
Redevelopment Agency (RDA).
235 SO Coast Air Quality Fund (AB2766, PM10)Contributions from the South Coast Air Quality Management District. Uses are limited to the reduction and control of
airborne pollutants. Assembly Bill (AB) 2766.
237 Successor Agency PA 1 Admin Fund Successor Agency (SA) Project Area (PA) 1 for administration of the Recognized Obligation Payment Schedule
(ROPS) associated with the former Redevelopment Agency (RDA).
241 Housing Authority Activities of the Housing Authority which is to promote and provide quality affordable housing.
243 RDA Low-Moderate Housing Fund Activities of the Housing Authority which is to promote and provide quality affordable housing. Accounts for RDA loan
repayments (20% for Housing) and housing programs,.
244 Housing Grants Activites related Local Early Action Planning (LEAP) and SB2 grants for housing planning and development.
247 Economic Development Fund Proceeds from sale of City-owned land and transfers from General Fund for future economic development.
249 SA 2011 Low/Mod Bond Fund Successor Agency (SA) low/moderate housing fund; 2011 bonds refinanced in 2016.
250 Transportation DIF Fund Developer impact fees collected for specific public improvements - transportation related.
251 Parks & Rec. DIF Fund Developer impact fees collected for specific public improvements - parks and recreation.
252 Civic Center DIF Fund Developer impact fees collected for specific public improvements - Civic Center.
253 Library Development DIF Fund Developer impact fees collected for specific public improvements - library.
254 Community Center DIF Fund Developer impact fees collected for specific public improvements - community center.
255 Street Facility DIF Fund Developer impact fees collected for specific public improvements - streets.
256 Park Facility DIF Fund Developer impact fees collected for specific public improvements - parks.
257 Fire Protection DIF Fund Developer impact fees collected for specific public improvements - fire protection.
259 Maintenance Facilities DIF Fund Developer impact fees collected for specific public improvements - maintenance facilities.
270 Art In Public Places Fund Developer fees collected in lieu of art placement; utilized for acquisition, installation and maintenance of public
artworks.
275 LQ Public Safety Officer Fund Annual transfer in from General Fund; distributed to public safety officers disabled or killed in the line of duty.
299 Interest Allocation Fund Interest earned on investments.
310 LQ Finance Authority Debt Service Fund Accounted for the debt service the Financing Authority’s outstanding debt and any related reporting requirements.
This bond was fully paid in October 2018.
401 Capital Improvement Program Fund Planning, design, and construction of various capital projects throughout the City.
405 SA PA 1 Capital Improvement Fund Successor Agency (SA) Project Area (PA) 1 bond proceeds restricted by the bond indenture covenants. Used for
SilverRock infrastructure improvements.
501 Equipment Replacement Fund Internal Service Fund for vehicles, heavy equipment, and related facilities.
502 Information Technology Fund Internal Service Fund for computer hardware and software and phone systems.
503 Park Equipment & Facility Fund Internal Service Fund for park equipment and facilities.
504 Insurance Fund Internal Service Fund for city-wide insurance coverages.
601 SilverRock Resort Fund Enterprise Fund for activities of the city-owned golf course.
602 SilverRock Golf Reserve Fund Enterprise Fund for golf course reserves for capital improvements.
760 Supplemental Pension Plan (PARS Account)Supplemental pension savings plan for excess retiree benefits to general employees of the City.
761 Other Post Benefit Obligation Trust (OPEB)For retiree medical benefits and unfunded liabilities.
762 Pension Trust Benefit (PARS Account)For all pension-related benefits and unfunded liabilities.
Fund Descriptions
Page 3 of 315
16
City of La Quinta
FINANCIAL ADVISORY COMMISSION MEETING: May 7, 2025
STAFF REPORT
AGENDA TITLE: APPROVE FISCAL YEAR 2025/26 MEETING SCHEDULE
RECOMMENDATION
Approve fiscal year 2025/26 meeting schedule.
EXECUTIVE SUMMARY
Annually the Financial Advisory Commission (FAC) and staff discuss and select
meeting dates for the following fiscal year.
The FAC shall meet quarterly with the ability to schedule special meetings as
needed throughout the year.
FISCAL IMPACT
FAC members are eligible to receive $75 per member per meeting attended. The
proposed 2025/26 budget will be $3,700 for four regularly scheduled quarterly meetings
plus an allowance for three special meetings per year for a seven-member Commission.
BACKGROUND/ANALYSIS
The FAC shall meet quarterly and may schedule additional special meetings as needed.
Meeting dates for the current fiscal year 2024/25 are as follows:
August 14, 2024 – Wednesday
October 2, 2024 – Wednesday, proposed special meeting
November 13, 2024 – Wednesday
December 4, 2024 – Wednesday, proposed special meeting
February 12, 2025 – Wednesday
March 26, 2025 – Wednesday, proposed special meeting
May 7, 2025 – Wednesday
June 4, 2025 – Wednesday, proposed special meeting
Proposed Meeting dates for the next fiscal year 2025/26 are as follows:
September 3, 2025 – Wednesday
November 5, 2025 – Wednesday
December 3, 2025 – Wednesday, proposed special meeting
February 11, 2026 – Wednesday
April 8, 2026 – Wednesday, proposed special meeting
May 13, 2026 – Wednesday
June 10, 2026 – Wednesday, proposed special meeting
BUSINESS SESSION ITEM NO. 1
17
ALTERNATIVES:
The FAC may amend the proposed meeting dates.
Prepared by: Claudia Martinez, Finance Director
18
City of La Quinta
FINANCIAL ADVISORY COMMISSION MEETING: May 7, 2025
STAFF REPORT
AGENDA TITLE: DISCUSS FISCAL YEAR 2025/26 INVESTMENT POLICY
RECOMMENDATION
Discuss fiscal year 2025/26 Investment Policy.
EXECUTIVE SUMMARY
As outlined in Section XVII of the City’s Investment Policy (Policy), the Financial
Advisory Commission (Commission) is tasked with reviewing The Policy annually.
Recommended revisions are also reviewed by the City Manager and City Attorney.
By City Code, City Council must adopt the policy by the end of June of each year.
FISCAL IMPACT - None.
BACKGROUND
The City has been awarded the Investment Policy Certificate of Excellence from the
Association of Public Treasurers of the United States and Canada (APT US&C), and The
Policy has been certified most recently by the California Municipal Treasurers Association
(CMTA). With these recognitions, the City believes the Policy is sound and generally not
in need of major revisions at this time. In addition, there were no new regulatory changes
in fiscal year 2024/25 that impacted the City’s policy or would require updates. Therefore,
staff recommends only operational changes to the current Policy, some of which were
suggestions of the CMTA review committee. The proposed updates remain within the
legal bounds of California Government Code (the Code), protect the safety and liquidity
of the City’s investment portfolio, and allow staff to maximize yield when prudent. The
following edits, along with punctuation or format changes and updates to the dates, are
identified as red-lined in Attachment 1:
Section V Maximum Maturities: Added language from the Code regarding forward
settlement dates.
Section VII: Minor edit to decouple the annual approval of the investment policy
from the annual granting of investment authority to the Treasurer.
STUDY SESSION ITEM NO. 1
19
Section IX: Clarifications to the type of documentation the City might use to verify
the credentials of broker/dealers as compared to advisors or financial institutions.
Section X Permissible Deposits and Investments: Clarified that while the policy
generally allows for investments as permitted by the Code, our policy may at times
be more restrictive. Reclassified bank (non-negotiable) CDs under the ‘Checking,
Savings, Sweep Accounts’ category, as negotiable CDs are a tradeable product
on the secondary market.
Section XVI Review of Investment Portfolio: Additional language specifying how
frequently staff monitors the portfolio, along with available market information, for
potential issues with securities falling out of compliance with the policy.
Prepared by: Rosemary Hallick, Principal Management Analyst
Approved by: Claudia Martinez, Finance Director
Attachments: 1. Draft Investment Policy for Fiscal Year 2025/26 (red-lined)
2. Recent CMTA Certification
20
Fiscal Year
2024/20252025/2026
Table of Contents
Section Topic Page
Executive Summary 1
I General Purpose 2
II Investment Policy 2
III Scope 2
IV Objectives 3
V Maximum Maturities 5
VI Prudence 5
VII Authority 5
VIII Ethics and Conflicts of Interest 6
IX Authorized Financial Dealers and Institutions 6
X Permissible Deposits and Investments 7
XI Investment Pools 10
XII Payment and Custody 10
XIII Interest Earning Distribution Policy 11
XIV Internal Controls and Independent Auditors 11
XV Reporting Standards 12
XVI Review of Investment Portfolio 13
XVII Financial Advisory Commission – City of La Quinta 13
XIII Investment Policy Adoption 13
Appendices Topic Page
A Municipal Code Ordinance 2.70 – Financial Advisory Commission 14
B Municipal Code Ordinance 3.08 – Investment of Moneys and Funds 16
C Segregation of Major Investment Responsibilities 18
D Listing of Approved Financial Institutions 19
E Investment Management Process and Risk 20
F Glossary 22
ATTACHMENT 1
21
Page 1 of 27
CITY OF LA QUINTA
Investment Policy Fiscal
Year
2024/20252025/2026
EXECUTIVE SUMMARY
The general purpose of this Investment Policy is to provide the rules and standards that must be
followed in administering the City of La Quinta's (the “City”) deposits and investments.
The City's Investment Policy conforms to all state and local statutes and applies to all deposits
and investments of the City, with the exception of bond proceeds and those noted in section III
herein.
It is the City's policy to deposit and invest public funds in a manner that shall provide safety of
principal, liquidity to meet the City’s obligations and requirements that may be reasonably
anticipated, and a risk-based market rate of return.
Authority to manage the City's investment portfolio is derived from the City Municipal Code.
Management responsibility for the investment program is delegated to the City Treasurer, who
shall establish and implement written procedures for the operation of the City's investment
program consistent with the Investment Policy.
The City Manager, City Treasurer, and City employees involved in the City's banking and
investment process shall conduct the City's business in an ethical manner and refrain from any
activity or relationship that may be, or have the appearance of, a conflict of interest.
The Investment Policy shall be adopted by resolution of the La Quinta City Council on an annual
basis, before the end of each fiscal year (June).
22
Page 2 of 27
City of La Quinta
Statement of Investment Policy July 1, 2024 2025 through June 30, 2025 2026 Adopted
by the City Council on June 1817, 20242025
I.GENERAL PURPOSE
The general purpose of this document is to provide the rules and standards that must be followed
in administering the City of La Quinta's deposits and investments.
II.INVESTMENT POLICY
It is the policy of the City of La Quinta to deposit and invest public funds in a manner that shall
conform to all State and local statutes governing the investment of public funds and set forth the
permissible deposits and investments of the City's funds and the limitations thereon.
III.SCOPE
Except noted below, this Investment Policy applies to all deposits and investments of the City of
La Quinta, the Successor Agency to the City of La Quinta Redevelopment Agency, and the City
of La Quinta Financing and Housing Authorities. These funds are reported in the City's Annual
Comprehensive Financial Report (ACFR) and include all funds within the following fund types:
General
Special Revenue
Capital Projects
Debt Service
Enterprise
Internal Service
Trust and Agency
Any new fund types and fund(s) that may be created.
Financial assets and investment activity not subject to this policy
The City's Investment Policy does not apply to the following:
Cash and Investments raised from Conduit Debt Financing;
Funds held in trust in the City's name in pension or other post-retirement benefit
programs;
Cash and Investments held in lieu of retention by banks or other financial institutions for
construction projects;
Short or long-term loans made to other entities by the City or Agency;
Short term (Due to/from) or long term (Advances from/to) obligations made either
between the City and its funds or between the City and Agency; and
Investment of bond proceeds. The City's Investment Policy shall not govern bond
proceeds and bond reserve fund investments. California Code Section
23
Page 3 of 27
5922(d) governs the investment of bond proceeds and reserve funds in accordance with
bond indenture provisions.
Arbitrage Requirement - The US Tax Reform Act of 1986 requires the City to perform
arbitrage calculations and return excess earnings to the US Treasury from investments of
proceeds of bond issues sold after the effective date of this law. These arbitrage calculations
may be contracted with an outside source to provide the necessary technical assistance to
comply with this regulation. Investable funds subject to the 1986 Tax Reform Act will be kept
segregated from other funds and records will be kept in a fashion to facilitate the
calculations.
The City's investment position relative to the arbitrage restrictions is to continue pursuing the
maximum yield on applicable investments while ensuring the safety of capital and liquidity,
and to rebate excess earnings, if necessary.
IV.OBJECTIVES
The objectives of the City's investment activity, in order of priority and importance, are:
A.Safety of Principal
Safety of principal is the foremost objective of the City's investment program. Investments shall
be undertaken in a manner that seeks to ensure the preservation of principal of the overall
portfolio in accordance with the permissible deposits and investments.
The City shall endeavor to preserve its investment principal by making only permissible deposits
and investments, undertaken in a controlled manner to minimize the possibility of loss or
misappropriation through malfeasance or otherwise. Investments not backed by the full faith and
credit of the United States Government shall be diversified by allocating assets between
different types of permissible investments, maturities, and issuers as a means to mitigate credit
risk and interest rate risk. Investment in any single security type or single financial institution shall
be limited to the maximum percentages and/or dollar amounts as noted in Section X.
1.Credit Risk is the risk of loss from the failure of the security issuer or backer. Credit risk
may be mitigated by:
Limiting investments to investment grade securities as permitted in Section X;
and
Diversification- reducing concentration risk by limiting the total amount invested in
individual issuers of securities in the investment portfolio so that potential losses
due to issuer failure or securities downgrades may be minimized.
2.Interest Rate Risk is the risk that market values of securities in the portfolio will decline
due to changes in general interest rates. Interest rate risk may be mitigated by:
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Structuring the investment portfolio so that securities mature to meet cash
requirements for ongoing operations, thereby avoiding the need to sell securities
on the open market prior to maturity; and
Investing operating funds primarily in shorter-term securities.
3.Liquidity Risk is the risk that a security cannot be liquidated because of its unique
features or structure or because it is thinly traded. Liquidity risk is not a material issue for
the City's portfolio because of the permissible deposits and investments (see Section X). A
discussion of the City's investment process and risk is presented in Appendix E.
B.Provide Liquidity
The investment portfolio shall remain sufficiently liquid to meet all of the City's cash needs that
may be reasonably anticipated. This is accomplished by structuring the portfolio so that
sufficient liquid funds are available to meet anticipated demands. Furthermore, since all
possible cash needs cannot be anticipated the portfolio should be diversified and consist of
securities with active secondary or resale markets.
The City's policy is to generally hold securities and other investments to maturity. However,
securities may be sold prior to maturity under certain circumstances as follows:
A security with declining credit quality can be sold early to minimize loss of principal.
Unanticipated liquidity needs of the portfolio require that one or more securities be sold.
When a sale/repurchase is fiscally advantageous based on market conditions and fits
the needs of the portfolio
C.Yield a Risk-Based Market Rate of Return
The City's investment portfolio shall be structured with the objective of yielding a risk-based
market rate of return throughout budgetary and economic cycles. Return on investment is less
important than the safety and liquidity objectives described above.
The City's Investment Policy does not specify a single benchmark as a goal or target yield for a
rate of return on its investment portfolio. The portfolio's rates of return will be influenced by
several factors, including actions by the Federal Reserve Board, the marketplace, and overall
economic perceptions and conditions.
Performance Standards: As a basis for comparison only, the Treasurer's quarterly reports will
display the rates of return on the three-month Bill, six-month Bill, the one and two-year U.S.
Treasury Note, and the yield for the State Treasurer's Local Agency Investment Fund (LAIF).
The Treasurer may use these or any other published rates of return that the Treasurer deems
appropriate for comparison to the return on the City's investment portfolio.
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The investment portfolio shall be designed with the objective of obtaining a market rate of return
throughout budgetary and economic cycles, commensurate with the investment risk constraints
and the cash flow needs.
V.MAXIMUM MATURITIES
It is the City's policy to generally hold securities and other investments until maturity. This buy-and-
hold policy shall not prevent the sale of a security as listed in section IV.B
The general buy-and-hold strategy requires that the City's investment portfolio be structured so
that sufficient liquid funds are available from maturing investments and other sources to meet all
reasonably anticipated cash needs.
The City shall follow Title 5 of the California Government Code §53601 (the “State Code”)
regarding maximum maturities, in that “no investment shall be made in any security…that at the
time of the investment has a term remaining to maturity in excess of five years, unless the
legislative body has granted express authority to make that investment either specifically or as
part of an investment program approved by the legislative body no less that three months prior
to the investments”. In order to accommodate the occasional occurrence of settlement dates
slightly exceeding five (5) years to final maturity, the City may invest in any security that has a
maturity of five (5) years plus up to thirty (30) days from settlement date. In no case shall a
forward settlement date exceed 45 days from the time of investment.
VI.PRUDENCE and FIDUCIARY DUTY
The City shall follow the State Code §53600.3 regarding fiduciary duty and the Prudent
Investor Standard as follows:
Except as provided in subdivision (a) of §27000.3, all governing bodies of local agencies
or persons authorized to make investment decisions on behalf of those local agencies
investing public funds pursuant to this chapter are trustees and therefore fiduciaries subject to
the prudent investor standard. When investing, reinvesting, purchasing, acquiring,
exchanging, selling, or managing public funds, a trustee shall act with care, skill, prudence,
and diligence under the circumstances then prevailing, including, but not limited to, the general
economic conditions and the anticipated needs of the agency, that a prudent person
acting in a like capacity and familiarity with those matters would use in the conduct of funds
of a like character and with like aims, to safeguard the principal and maintain the liquidity
needs of the agency. Within the limitations of this section and considering individual
investments as part of an overall strategy, investments may be acquired as authorized by law.
VII.AUTHORITY
Authority to manage the City's investment portfolio is derived from Chapter 3.08 of the City's
Municipal Code. Management responsibility for the investment program is delegated to the
City Treasurer for a period of one year pursuant to State Code §53607 and the City
Council's annual adoption of the Investment Policy.approval.
The City Treasurer shall establish written procedures for the operation of the
investment program consistent with the Investment Policy. Procedures should include
reference to safekeeping, wire transfer agreements, banking service contracts, and
collateral/depository agreements. Such procedures shall include explicit delegation of
authority to persons responsible for investment transactions. No person may
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engage in an investment transaction except as provided under the terms of this Investment
Policy (see Appendix C) and the procedures established by the City Treasurer. The City
Treasurer shall be responsible for all transactions undertaken and shall establish a system
of controls to regulate the activities of subordinate officials.
VIII.ETHICS AND CONFLICTS OF INTEREST
The City Manager, City Treasurer, and City employees involved in the City's banking and
investment process shall conduct the City's business in an ethical manner and refrain from any
activity or relationship that may be, or have the appearance of, a conflict of interest. The City will
maintain compliance with the procedures set forth in the Conflicts of Interest and Acceptance of
Gifts and other Gratuities section of the City of La Quinta Personnel Manual and the City’s
Municipal Code Chapter 2.60 Conflicts of Interest. Any questionable activity or relationship shall
be reported immediately; reporting must be made in accordance with the personnel policies of
the City and, until resolved, the officer or employee shall refrain from participating in the City's
business related to the matter.
The City Manager, City Treasurer, and City employees may conduct personal business with
banks, brokers, and other financial institutions that are authorized to conduct business with
the City provided that the terms of the activity to the account holder with the City are the
same as those that are available to the public in general, or to all employees as a result
of contract negotiations.
IX.AUTHORIZED FINANCIAL DEALERS AND INSTITUTIONS
The City Treasurer maintains a listing of financial institutions which are approved for direct
investment purposes, as well as a list of approved broker/dealers.
1.Broker/Dealers who desire to offer direct investment transactions must supply the
City with the following:
Current audited financial statements;
Proof of Financial Industry Regulatory Authority (FINRA) Certification;
Proof of State of California registration;
Resume of financial broker; and
Completion of the City of La Quinta Broker/Dealer Questionnaire, which contains
a certification of having read the City's Investment Policy.
The City Treasurer or designee shall evaluate the documentation submitted by the
broker/dealer and independently verify existing reports on file for any firm and/or
individual(s) conducting investment related business.
The City Treasurer or designee may also contact the following agencies during the
verification process:
Financial Industry Regulatory Authority (FINRA) Public Disclosure Report File (1-
800-289-9999).
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State of California Department of Financial Protection and Innovation (1- 866-275-
2677).
A professional investment manager or management firm, if engaged by the City
pursuant to Section X of this policy, may utilize their own list of approved broker/dealers
on the condition that any such list is provided to the City upon request.
All Broker/Dealers and financial institutions that provide investment services will be
subject to City Council approval.
An annual review of the financial condition and registrations of approved broker/dealers
will be conducted by the City Treasurer or designee. Current audited financial
statements, FINRA reporting, and/or System and Organizational Controls (SOC-1
and/or SOC-2) internal control reports may be maintained on file for each financial
institution and broker/dealer with which the City conducts business, as applicable.
Each mutual fund shall provide a prospectus and statement of additional information.
2.Financial Institutions will be required to meet the following criteria in order to receive
City funds for deposit or investment (see Appendix D, "Listing of Approved Financial
Institutions"):
Insurance - Public Funds shall be deposited only in financial institutions having
accounts insured by the Federal Deposit Insurance Corporation (FDIC) or the
National Credit Union Share Insurance Fund (NCUSIF).
Disclosure - Each financial institution maintaining invested funds in excess of the
FDIC insured amount shall furnish the City a copy of the most recent Call Report
(Consolidated Reports of Condition and Income) if requested. These reports can
also be found at: https://cdr.ffiec.gov/public/ManageFacsimiles.aspx
The City shall not invest or deposit in excess of the FDIC insured amount in banking
institutions which do not disclose to the city a current listing of securities pledged for
collateralization in public monies.
X.PERMISSIBLE DEPOSITS AND INVESTMENTS
It is the City’s policy to follow Title 5 of the California Government Code (the “State Code”) in
regard to allowable securities, and to be sufficiently diversified with regard to security type
and issuer. Permissible deposits and investments, as allowed by Chapter 4, Part 1, Division
2, Title 5 (hereinafter cited by §), include, but are not limited to, the following list , (which in
some instances may be more restrictive than State Code). The State Code can be directly
referenced at https://leginfo.legislature.ca.gov/
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Checking, Savings, and Sweep Accounts - The City will only maintain checking and savings
accounts with state or national banks, savings associations, federal associations, and/or
credit unions in accordance with §53635.2. The City may also purchase non-negotiable
certificates of deposits, provided that either the combined balances at any banking institution
do not exceed FDIC limits or funds are collateralized as noted below.
Collateralization: The amount of the City's deposits or investments not insured by the
FDIC shall be collateralized by securities in accordance with
§53652. The Treasurer may invest in an interest-bearing active deposit account as
approved in §53632. The deposit account must be collateralized with securities that are
in accordance with §53632.5. In addition, the market value of the collateralized
securities must be maintained in accordance with
§53652 and be held by a custodian in accordance with the requirements of
§53656. The proportion of the City's share of the deposit account shall be determined in
accordance with §53658.
Negotiable Certificates of Deposit (Negotiable and Non-negotiable) – As authorized in
§53601(i), the City may invest in Non-Negotiable and Negotiable Certificates of Deposits
(CD) up to 30% of the overall portfolio. In no instance shall a CD or combined CDs with a
single issuer exceed the FDIC or NCUSIF insurance limit of
$250,000.
U.S. Treasury Bills, Notes, and Bonds – As authorized in §53601(b), the City may invest
in U.S. Treasury bills, notes, and bonds directly issued and backed by the full faith and
credit of the U.S. Government. The City's Investment Policy provides for investments in U.S.
Treasury issues of 100% of the portfolio.
U.S. Government Agency Securities and Federal Government Securities – As
authorized in §53601(f), the City may invest in securities issued by U.S. Government
instrumentalities and agencies (commonly referred to as government sponsored enterprises
or GSE's). These securities may not be backed by the full faith and credit of the U.S.
Government (with the exception of Government National Mortgage Association (GNMA)
securities). Examples of GSE's include Federal National Mortgage Association (FNMA),
Federal Home Loan Mortgage Corporation (FHLMC), Federal Home Loan Banks (FHLB),
Federal Farm Credit Banks Funding Corporation (FFCB), Federal Agricultural Mortgage
Corporation (FAMC), Tennessee Valley Authority (TVA), and GNMA securities.
The City's Investment Policy allows investment only in securities of GNMA, FNMA, FHLMC,
FHLB, and FFCB. For Fiscal Year 2024/25, the maximum face amount per issuer is $30
million and the maximum face amount per purchase is $10 million.
Prime Commercial Paper – As authorized in §53601(h), a portion of the City's portfolio may
be invested in commercial paper of the highest rating as provided for by a nationally
recognized statistical rating organization (NRSRO) such as Moody’s, Fitch, or Standard &
Poor’s (S&P). There are a number of other qualifications regarding investments in
commercial paper based on the financial strength and size of the corporation and the size of
the investment. The City limits on prime commercial paper are as defined in the State Code.
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Local Agency Investment Fund (LAIF) – As authorized in §16429.1 and by LAIF policies,
local government agencies are each authorized to invest up to the deposit limit as
designated by the California State Treasurer. The City Treasurer may not invest more than
the maximum amount per account as allowed by LAIF.
Money Market Mutual Funds – As authorized in §53601(l), local agencies are authorized to
invest in shares of beneficial interest issued by diversified management companies (mutual
funds) in an amount not to exceed 20% of the agency's portfolio. There are a number of
other qualifications and restrictions regarding allowable investments in corporate notes and
shares of beneficial interest issued by mutual funds which include (1) attaining the highest
ranking or the highest letter and numerical rating provided by not less than two of the three
largest nationally recognized rating services, or (2) having an investment advisor registered
with the Securities and Exchange Commission with not less than five years' experience
investing in the securities and obligations and with assets under management in excess of
five hundred million dollars ($500,000,000).
Corporate Notes – As authorized in §53601(k), local agencies may invest in corporate
notes. The notes must be issued by corporations organized and operating in the United
States or by depository institutions licensed by the United States or any other state and
operating in the United States. The City's Investment Policy allows investment in corporate
notes authorized by the Government Code with the following limitations:
Maximum 30% of the portfolio;
Maturities shall not exceed five years from date of purchase;
Eligible notes shall be regularly quoted and traded in the marketplace;
Eligible notes shall be in a rating category of "AA" or better by an NRSRO;
The maximum aggregate investment in each issuer shall not exceed $5 million (PAR
value), or no more than 10% of the total investment assets in the commercial paper and
the medium-term notes of any single issuer whichever is less.
Professionally Managed Account(s) – The City Treasurer may place the portfolio with a
professional portfolio management/investment management firm (firm). The firm will be
approved by the City Council based upon the City Treasurer's recommendation pursuant to
completion of a public request for proposal (RFP). The firm shall have:
An established professional reputation for asset or investment management;
Knowledge and working familiarity with State and Federal laws governing and restricting
the investment of public funds;
Substantial experience providing investment management services to local public
agencies whose investment policies and portfolio size are similar to those of the City;
Professional liability (errors and omissions) insurance and fidelity bonding in such
amounts as are required by the City; and
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Registration with the Securities and Exchange Commission under the
Investment Advisers Act of 1940
Before engagement by the City and except as may be specifically waived or revised, the firm
shall commit to adhere to the provisions of the City's Investment Policy with the following
exceptions:
The firm may be granted the discretion to purchase and sell investment securities in
accordance with this Investment Policy;
The firm is not required to adhere to a buy-and-hold policy; and
The firm does not need City Manager or City Treasurer approval to make permissible
investments.
Local Agency Bonds and California Local Agency Obligations – As authorized in
§53601(a) and §53601(e), the City may invest in California local agency obligations.
§53601(a) pertains to investing in bonds issued by a local agency, or by the department,
board, agency or authority of the local agency.
§53601(e) pertains to investing in bonds and other defined indebtedness of any local
agency, or department, board, agency or authority of the local agency within the State of
California. The Agency obligations must be invested in the long-term rating category of A or
better by an NRSRO.
In the case of an initial public offering, including refinancings, the Treasurer may purchase
directly from the Bond Underwriter. In the case of secondary issues, the Treasurer will rely on
the approved Broker/Dealers.
XI.INVESTMENT POOLS
There are three (3) types of investment pools:
State-run pools (e.g., LAIF);
Pools that are operated by a political subdivision where allowed by law and the political
subdivision is the trustee (e.g., County Pools, and Joint Powers Authorities such as the
California Asset Management Program (CAMP), CalTrust, or California Class); and
Pools that are operated for profit by third parties (e.g. money market funds).
The City's Investment Policy permits investment in pools and money market funds as authorized
by State Code §16429.1, §53601(l) and §53601(p).
XII.PAYMENT AND CUSTODY
The City shall engage qualified third-party custodians to act in a fiduciary capacity to maintain
appropriate evidence of the City's ownership of securities and other eligible investments. Such
custodians shall disburse funds received from the City for a purchase to the broker, dealer or
seller only after receiving evidence that the City has legal, record ownership of the securities.
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Even though ownership is evidenced in book-entry form rather than by actual certificates, this
procedure is commonly referred to as the delivery versus payment (DVP) method for the
transfer of securities.
XIII.INTEREST EARNING DISTRIBUTION POLICY
Interest earnings are generated from pooled investments and specific investments. The
following provisions apply to the calculation and distribution of interest earnings.
1.Pooled Investments – It is the general policy of the City to pool all available operating
cash of the City of La Quinta, Successor Agency to the City of La Quinta Redevelopment
Agency, La Quinta Financing Authority, and La Quinta Housing Authority, and to allocate
interest earnings as a payment to each fund of an amount based on the month-end cash
balance included in the common portfolio for the earning period.
2.Specific Investments – Specific investments purchased by a fund shall incur all
earnings and expenses to that particular fund.
XIV.INTERNAL CONTROLS AND INDEPENDENT AUDITOR
The City Treasurer shall establish a system of internal controls to accomplish the following
objectives:
Safeguard assets;
The orderly and efficient conduct of its business, including adherence to management
policies;
Prevention or detection of errors and fraud;
The accuracy and completeness of accounting records; and
Timely preparation of reliable financial information.
While no internal control system, however elaborate, can guarantee absolute assurance that the
City's assets are safeguarded, it is the intent of the City's internal control to provide a reasonable
assurance that management of the investment function meets the City's objectives.
The internal controls shall address the following:
Control of collusion. Collusion is a situation where two or more employees are working in
conjunction to defraud their employer.
Separation of transaction authority from accounting and record keeping. By separating
the person who authorizes or performs the transaction from the people who record or
otherwise account for the transaction, a separation of duties is achieved.
Custodial safekeeping. Securities purchased from any bank or dealer including
appropriate collateral (as defined by State Law) shall be placed with an independent
third party for custodial safekeeping.
Avoidance of physical delivery securities. Book entry securities are much easier to transfer
and account for since actual delivery of a document never takes
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place. Delivered securities must be properly safeguarded against loss or destruction.
The potential for fraud and loss increases with physically delivered securities.
Clear delegation of authority to subordinate staff members. Subordinate staff members
must have a clear understanding of their authority and responsibilities to avoid improper
actions. Clear delegation of authority also preserves the internal control structure that is
contingent on the various staff positions and their respective responsibilities as outlined
in the Segregation of Major Investment Responsibilities (Appendix C).
Written confirmation of telephone transactions for investments and wire transfers. Due to
the potential for error and improprieties arising from telephone transactions, all telephone
transactions shall be supported by written communications or electronic confirmations
and approved by the appropriate person. Written communications may be via fax or
email if on letterhead and the safekeeping institution has a list of authorized signatures.
Fax correspondence must be supported by evidence of verbal or written follow- up.
Development of a wire transfer agreement with the City's bank and third-party custodian.
This agreement should outline the various controls, security provisions, and delineate
responsibilities of each party making and receiving wire transfers.
The system of internal controls developed by the City shall be reviewed annually by the
independent auditor in connection with the annual audit of the City's Financial Statements. The
independent auditor's letter on internal control over financial reporting and compliance as it
pertains to cash and investments, if any, shall be directed to the City Manager who will direct
the City Treasurer to provide a written response to the independent auditor's letter. The auditor's
letter, as it pertains to cash and investment activities, and the City Treasurer's response shall be
provided to the City's Financial Advisory Commission for their consideration. Following the
completion of each annual audit, the independent auditor shall meet with the Financial Advisory
Commission and discuss the auditing procedures performed and the review of internal controls
for cash and investment activities. See Appendix C, "Segregation of Major Investment
Responsibilities."
XV.REPORTING STANDARDS
The City Treasurer shall submit a quarterly Treasurer’s Report to the City Council and the
Financial Advisory Commission that includes all cash and investments under the authority of the
Treasurer. In addition, the City Treasurer or designee shall ensure all investment transactions
are reported on at least a monthly basis as they occur throughout the quarter. The Treasurer's
Report shall summarize cash and investment activity and changes in balances and include the
following:
A certification by the City Treasurer;
A listing of purchases and sales/maturities of investments;
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Cash and Investments categorized by authorized investments; LAIF will also be provided
quarterly and show yield and maturity;
Comparison of month-end actual holdings to Investment Policy limitations;
A two-year list of historical interest rates.
XVI.REVIEW OF INVESTMENT PORTFOLIO
The securities held by the City must be in compliance with this Policy at the time of purchase.
Due to market conditions, some securities may no longer comply subsequent to the date of
purchase, therefore a formal quarterly review of the portfolio will be conducted to identify any
securities which may have fallen out of compliance. Additionally, staff will monitor monthly
statements, financial news, market updates, custodial bank corporate actions notices and/or any
other information available that may communicate current ratings or credit quality of
investments. Any major incidences of noncompliance identified during such review will be
reported to the Financial Advisory Commission for confirmation of staff course of action.
XVII.FINANCIAL ADVISORY COMMISSION - CITY OF LA QUINTA
The Financial Advisory Commission (FAC) is composed of seven members from the public that
are appointed by the City Council. The FAC’s membership, qualifications, and powers and duties
are prescribed in Chapter 2.70 of the La Quinta Municipal Code and included in this policy as
Appendix A.
On an annual basis, in conjunction with the Political Reform Act disclosure statutes, or at any
time if a change in circumstances warrants, each commissioner will provide the City Council with
a disclosure statement which identifies any matters that have a bearing on the appropriateness
of that member's service on the FAC. All commissioners shall report annually to the City Clerk
on Form 700, Statement of Economic Interests, any activities, interests, or relationships that
may be, or have the appearance of, a conflict of interest.
XVIII.INVESTMENT POLICY ADOPTION
The City's Investment Policy will be reviewed annually by the City's Financial Advisory
Commission and the City Treasurer. The Financial Advisory Commission will forward the
Investment Policy with any revisions to the City Manager and City Attorney for their review and
comment. A joint meeting will be held with the Financial Advisory Commission, City Manager,
City Attorney, and City Treasurer to review the Investment Policy and any comments prior to
submission to the City Council for their consideration. The Investment Policy shall be adopted by
resolution of the City Council annually before the end of June of each year.
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City of La Quinta Municipal Code Chapter 2.70
FINANCIAL ADVISORY COMMISSION
2.70.010 General rules regarding the financial advisory commission. Except
as set out below, see Chapter 2.06 for general provisions.
2.70.020 Number of members.
The financial advisory commission ("FAC") shall initially consist of seven members appointed
by, and serving at the will of, the city council. The city council may increase or decrease the
number of members from time to time but in no event shall the membership exceed nine
members or be less than five members.
2.70.30 Qualifications of members.
A. In addition to the qualification requirements set forth in Section 2.06.040 of this code,
a minimum of three of the members shall be finance professionals and shall have a
verifiable background in finance and/or securities, preferably with knowledge and/or
experience in markets, financial controls and accounting for securities.
B. For those applying for the professional position, background information will be
requested, and potential candidates must agree to a background check and verification
by the city manager or designee.
2.70.40 Powers and duties.
A. The principal functions of the FAC are:
1. Review at least annually the city's investment policy and recommend
appropriate changes;
2. Review at least quarterly the treasury report and note compliance with the
investment policy and adequacy of cash and investments for anticipated
obligations;
3. Receive and consider other reports provided by the city treasurer;
4. Meet with the independent auditor after completion of the annual audit of the
city's financial statements, and receive and consider the auditor's comments on
auditing procedures, internal controls, and findings for cash and investment
activities;
5. Review at least annually the revenue derived from the one percent (1%)
transactions and use tax instituted by voters in November 2016 to ensure these
funds are used to provide services, programs and capital projects in the city of La
Quinta.
APPENDIX A
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6.Serve as a resource for the city treasurer on matters such as proposed
investments, internal controls, use of or change of financial institutions,
custodians, brokers and dealers.
B.The FAC will report to the city council after each meeting either in person or through
correspondence at a regular city council meeting. (Ord. 556 § 1, 2017)
2.70.050 References to the Investment Advisory Board.
If any other chapter(s) or section(s) in this code refers to the Investment Advisory Board, that
chapter(s) or section(s) shall be deemed to refer to the Financial Advisory Commission
established by the ordinance amending chapter 2.70 of this code.
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City of La Quinta Municipal Code Chapter 3.08
INVESTMENT OF MONEYS AND FUNDS
3.08.010 Investment of city moneys and deposit of securities.
Pursuant to, and in accordance with, and to the extent allowed by Sections 53607 and 53608 of
the California Government Code, the authority to invest and reinvest moneys of the city, to sell
or exchange securities, and to deposit them and provide for their safekeeping, is delegated to
the city treasurer, which, for purposes of this chapter, is defined in Section 2.12.010 of this code.
(Ord. 529 § 1, 2015; Ord. 2 § 1,
1982)
3.08.020 Authorized investments.
Pursuant to the delegation of authority in Section 3.08.010, the city treasurer is authorized to
purchase, at their original sale or after they have been issued, securities which are permissible
investments under the city council adopted city investment policy and any provision of state law
relating to the investing of general city funds, including, but not limited to, Sections 53601 and
53635 of the California Government Code, as said sections now read or may hereafter be
amended, from moneys in the city treasurer's custody which are not required for the immediate
necessities of the city and as he or she may deem wise and expedient, and to sell or exchange for
other eligible securities and reinvest the proceeds of the securities so purchased. (Ord. 529
§ 1, 2015; Ord. 2 § 1, 1982)
3.08.030 Sales of Securities.
From time to time the city treasurer shall sell the securities in which city moneys have been
invested pursuant to this chapter, so that the proceeds may, as appropriate, be applied to the
purchase for which the original purchase money may have been designated or placed in the city
treasury. (Ord.2 § 1 1982)
3.08.040 City bonds.
Bonds issued by the city and purchased pursuant to this chapter may be cancelled either in
satisfaction of sinking fund obligations or otherwise if proper and appropriate; provided,
however, that the bonds may be held uncancelled and while so held may be resold. (Ord. 2 § 1
(part), 1982)
3.08.050 Reports.
The city treasurer shall make a quarterly report to the city council of all investments made
pursuant to the authority delegated in this chapter and as permitted by Section 53646(b)(1) of the
Government Code. (Ord. 529 § 1, 2015; Ord. 2 § 1, 1982)
APPENDIX B
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3.08.060 Deposits of securities.
Pursuant to the delegation of authority in Section 3.08.010, the city treasurer is authorized to
deposit for safekeeping, the securities in which city moneys have been invested pursuant to this
chapter, in any institution or depository authorized by the city council adopted investment policy
and terms of any state law, including, but not limited to, Section 53608 of the Government Code,
as it now reads or may hereafter be amended. In accordance with said section, the city treasurer
shall take from the institution or depository a receipt for the securities so deposited and shall not
be responsible for the securities delivered to and receipted for by the institution or depository
until they are withdrawn therefrom by the city treasurer. (Ord. 529 § 1, 2015; Ord. 2 § 1, 1982)
3.08.070 Trust fund administration.
Any departmental trust fund established by the city council pursuant to Section 36523 of the
Government Code shall be administered by the city treasurer in accordance with Section 36523
and 36524 of the Government Code and any other applicable provisions of law. (Ord. 2 § 1,
1982)
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SEGREGATION OF MAJOR INVESTMENT RESPONSIBILITIES
Function Responsible Parties
Develop and recommend modifications to the City's formal
Investment Policy
City Treasurer, Principal Management Analyst, and
Financial Advisory Commission
Review City's Investment Policy and recommend
City Council action City Manager and City Attorney
Adopt formal Investment Policy City Council
Implement formal Investment Policy City Treasurer
Review financial institutions and select investments City Treasurer or Principal Management Analyst
Acknowledge investment selections
Execute investment transactions
Confirm wires
Record investment transactions in City's accounting
records
Investment certification- match broker confirmation to
City's investment records
Reconcile investment records to accounting records and
bank statements
Reconcile investment records to treasurer's report of
investments
Security of investments at City Security of
investments outside of City Review internal
control procedures
City Manager or his/her designee
City Manager, City Treasurer, or Principal
Management Analyst
Finance Manager, Senior Accountant, or
Administrative Technician
Finance Manager or Senior Accountant
City Treasurer or Principal Management Analyst
Principal Management Analyst
City Treasurer, Finance Manager, or Principal
Management Analyst
Finance Manager or Administrative Technician Third
Party Custodian
External Auditor
APPENDIX C
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Listing of Approved Financial Institutions
Banking Services
Custodian Services
Deferred Compensation
Broker/Dealer Services
Government/Joint Powers Authority Pools
Trustee Services
Other Post Employment Benefits (OPEB) Trust
Pension Trust - Administration
-Sunwest Bank, Irvine, CA (Banking Services - Dune Palms
Mobile Estates)
-BMO Commercial Bank
-Stifel
-U.S. Bank Trust Company, N.A.
-International City/County Management Association Retirement
Corporation (ICMA-RC) dba MissionSquare Retirement
-Stifel, Nicholaus, & Company, Inc.
-Higgins Capital Management, Inc.
-Great Pacific Securities
-State of California Local Agency Investment Fund (LAIF)
-California Asset Management Program (CAMP)
-County of Riverside Pooled Investment Fund(1)
-U.S. Bank Trust Company, NA(2)
-California Employers' Retirement Benefits Trust
(CERBT)/CalPERS
-Public Agency Retirement Services (PARS)
(1)The County of Riverside Treasurer maintains one Pooled Investment Fund for all local jurisdictions having funds on
deposit in the County Treasury. The City’s fire funds, which are property taxes collected to fund fire services in the City,
are kept in reserve with the County to be used as expenses are incurred.
(2) U.S. Bank is the fiscal agent for all of the following bonds: 2016 and 2021 Successor Agency to the La Quinta Redevelopment Agency
(RDA) Bonds. As of March 2024, U.S. Bank is the custodian for the City's investment portfolio. U.S. Bank is also the trustee and asset
custodian for the PARS pension trust.
APPENDIX D
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INVESTMENT MANAGEMENT PROCESS AND RISK
Except as provided for in Section 27000.3, Government Code Section 53600.3 declares as a
trustee each person, treasurer, or governing body authorized to make investment decisions on
behalf of local agencies. Trustees are subject to the prudent investor standard. These persons
shall act with care, skill, prudence, and diligence under the circumstances then prevailing when
investing, reinvesting, purchasing, acquiring, exchanging, selling, and managing funds. Section
53600.5 further stipulates that the primary objective of any person investing public funds is to
safeguard principal; secondly, to meet liquidity needs of the depositor; and lastly, to achieve a
return or yield on invested funds (Government Code Section 27000.5 specifies the same
objectives for county treasurers and board of supervisors).
Risk is inherent throughout the investment process. There is investment risk associated with
any investment activity and opportunity risk related to inactivity. Market risk is derived from
exposure to overall changes in the general level of interest rates while credit risk is the risk of loss
due to the failure of the insurer of a security. The market value of a security varies inversely with
the level of interest rates. If an investor is required to sell an investment with a five percent yield
in a comparable seven percent rate environment, that security will be sold at a loss. The
magnitude of that loss will depend on the amount of time until maturity.
Purchasing certain allowable securities with a maturity of greater than five years requires
approval of the governing board (see Government Code Section 53601). Part of that approval
process involves assessing and disclosing the risk and possible volatility of longer-term
investments
Another element of risk is liquidity risk. Instruments with call features or special structures, or
those issued by little known companies, are examples of "story bonds" and are often thinly
traded. Their uniqueness often makes finding prospective buyers in a secondary market more
difficult and, consequently, the securities' marketability and price are discounted. However,
under certain market conditions, gains are also possible with these types of securities.
Default risk represents the possibility that the borrower may be unable to repay the obligation as
scheduled. Generally, securities issued by the federal government and its agencies are
considered the most secure, while securities issued by private corporations or negotiable
certificates of deposit issued by commercial banks have a greater degree of risk. Securities with
additional credit enhancements, such as bankers acceptances, collateralized repurchase
agreements and collateralized bank deposits are somewhere between the two on the risk
spectrum.
The vast majority of portfolios are managed within a buy and hold policy. Investments are
purchased with the intent and capacity to hold that security until maturity. At times, market
forces or operations may dictate swapping one security for another or
APPENDIX E
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selling a security before maturity. Continuous analysis and fine tuning of the investment portfolio
are considered prudent investment management.
The Government Code contains specific provisions regarding the types of investments and
practices permitted after considering the broad requirement of preserving principal and
maintaining liquidity before seeking yield. These provisions are intended to promote the use of
reliable, diverse, and safe investment instruments to better ensure a prudently managed
portfolio worthy of public trust.
Source: Chapter II. Fund Management from the Local Agency Investment Guidelines Issued by
California Debt and Investment Advisory Commission
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GLOSSARY
(Adopted from the Municipal Treasurers Association)
The purpose of this glossary is to provide the reader of the City of La Quinta investment policies
with a better understanding of financial terms as used in municipal investing or the financial sector
in general. The glossary was adopted from the California Municipal Treasurers Association,
therefore all terms appearing in this glossary may not be used in the policy..
AGENCIES: Federal agency securities and/or Government-sponsored enterprises.
ANNUAL COMPREHENSIVE FINANCIAL REPORT (ACFR): The official annual report for the
City of La Quinta. It includes combined statements for each individual fund and account group
prepared in conformity with GAAP. It also includes supporting schedules necessary to
demonstrate compliance with finance-related legal and contractual provisions, extensive
introductory material, and a detailed Statistical Section.
ASKED: The price at which securities are offered.
BANKERS' ACCEPTANCE (BA): A draft or bill or exchange accepted by a bank or trust
company. The accepting institution guarantees payment of the bill, as well as the issuer.
BID: The price offered by a buyer of securities. (When you are selling securities, you ask for a
bid.) See Offer.
BROKER: A broker brings buyers and sellers together for a commission.
CERTIFICATE OF DEPOSIT (CD): A time deposit with a specific maturity evidenced by a
certificate. Large- denomination CD's are typically negotiable.
COLLATERAL: Securities, evidence of deposit or other property which a borrower pledges to
secure repayment of a loan. Also refers to securities pledged by a bank to secure deposits of
public monies.
COMMERCIAL PAPER: Short-term unsecured promissory notes issued by a corporation to
raise working capital. These negotiable instruments are purchased at a discount to par value or at
par value with interest bearing. Commercial paper is issued by corporations such as General
Motors Acceptance Corporation, IBM, Bank America, etc.
CONDUIT FINANCING: A form of Financing in which a government or a government agency
lends its name to a bond issue, although it is acting only as a conduit between a specific project
and bond holders. The bond holders can look only to the revenues from the project being
financed for repayment and not to the government or agency whose name appears on the bond.
COUPON: (a) The annual rate of interest that a bond's issuer promises to pay the bondholder
on the bond's face value. (b) A certificate attached to a bond evidencing interest due on a
payment date.
DEALER: A dealer, as opposed to a broker, acts as a principal in all transactions, buying and
selling for his own account.
DEBENTURE: A bond secured only by the general credit of the issuer.
APPENDIX F
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DELIVERY VERSUS PAYMENT: There are two methods of delivery of securities: delivery
versus payment and delivery versus receipt. Delivery versus payment is delivery of securities
with an exchange of money for the securities. Delivery versus receipt is delivery of securities
with an exchange of a signed receipt for the securities.
DERIVATIVES: (1) Financial instruments whose return profile is linked to, or derived from, the
movement of one or more underlying index or security, and may include a leveraging factor, or
(2) financial contracts based upon notional amounts whose value is derived from an underlying
index or security (interest rates, foreign exchange rates, equities or commodities).
DISCOUNT: The difference between the cost price of a security and its maturity when quoted at
lower than face value. A security selling below original offering price shortly after sale also is
considered to be at a discount.
DISCOUNT SECURITIES: Non-interest-bearing money market instruments that are issued at
discount and redeemed at maturity for full face value
DIVERSIFICATION: Dividing investment funds among a variety of securities offering
independent returns.
GOVERNMENT SPONSORED ENTERPRISES (GSEs): Privately held corporations with public
purposes created by the U.S. Congress to reduce the cost of capital for certain borrowing
sectors of the economy. Securities issues by GSEs carry the implicit backing of the U.S.
Government, but they are not direct obligations of the U.S. Government. Typically referred to as
‘Agency Bonds’ or ‘Agencies’.
FNMAs or Fannie Mae (Federal National Mortgage Association) - Like GNMA was chartered
under the Federal National Mortgage Association Act in 1938. FNMA is a federal corporation
working under the auspices of the Department of Housing and Urban Development (HUD). It is
the largest single provider of residential mortgage funds in the United States. Fannie Mae, as the
corporation is called, is a private stockholder-owned corporation. The corporation's purchases
include a variety of adjustable mortgages and second loans, in addition to fixed-rate mortgages.
FNMA's securities are also highly liquid and are widely accepted. FNMA assumes and
guarantees that all security holders will receive timely payment of principal and interest.
FHLBs (Federal Home Loan Bank) - Issued by the Federal Home Loan Bank System to help
finance the housing industry. The notes and bonds provide liquidity and home mortgage credit
to savings and loan associations, mutual savings banks, cooperative banks, insurance
companies, and mortgage-lending institutions. They are issued irregularly for various maturities.
The minimum denomination is $5,000. The notes are issued with maturities of less than one
year and interest is paid at maturity.
FFCBs (Federal Farm Credit Bank) – Debt instruments used to finance the short and
intermediate term needs of farmers and the national agricultural industry. They are issued
monthly with three- and six-month maturities. The FFCB issues larger issues (one to ten year) on
a periodic basis. These issues are highly liquid.
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FHLMCs or Freddie Mac (Federal Home Loan Mortgage Corporation) - a government
sponsored entity established in 1970 to provide a secondary market for conventional home
mortgages. Mortgages are purchased solely from the Federal Home Loan Bank System
member lending institutions whose deposits are insured by agencies of the United States
Government. They are issued for various maturities and in minimum denominations of $10,000.
Principal and interest is paid monthly.
FAMCs or Farmer Mac (Federal Agricultural Mortgage Corporation) - FAMC increases the
availability and affordability of credit for the benefit of American agriculture and rural
communities. They are the nation’s premier secondary market for agricultural credit, providing
financial solutions to a broad spectrum of the agricultural community, including agricultural
lenders, agribusinesses, and other institutions that can benefit from access to flexible, low-cost
financing and risk management tools. FAMC is regulated by the Farm Credit Administration.
Other federal agency issues are Small Business Administration notes (SBA's), Government
National Mortgage Association notes (GNMA's), and Tennessee Valley Authority notes (TVA's).
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC): A federal agency that
insures bank deposits, currently up to $250,000 per deposit per entity.
FEDERAL FUNDS RATE: The rate of interest at which Fed funds are traded. This rate is
currently pegged by the Federal Reserve through open- market operations.
FEDERAL OPEN MARKET COMMITTEE (FOMC): Consists of seven members of the Federal
Reserve Board and five of the twelve Federal Reserve Bank Presidents. The President of the
New York Federal Reserve Bank is a permanent member, while the other Presidents serve on a
rotating basis. The Committee periodically meets to set Federal Reserve guidelines regarding
purchases and sales of Government Securities in the open market as a means of influencing
the volume of bank credit and money.
FEDERAL RESERVE SYSTEM: The central bank of the United States created by Congress and
consisting of a seven-member Board of Governors in Washington, D.C., 12 regional banks and
about 3,000 commercial banks that are members of the system.
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION (GNMA or Ginnie Mae):
Securities influencing the volume of bank credit guaranteed by GNMA and issued by mortgage
bankers, commercial banks, savings and loan associations, and other institutions. Security
holder is protected by full faith and credit of the U.S. Government. Ginnie Mae securities are
backed by the FHA, VA or FMHM mortgages. The term "pass-throughs" is often used to
describe Ginnie Maes.
LAIF (Local Agency Investment Fund): - A special fund in the State Treasury which local
agencies may use to deposit funds for investment. There is no minimum investment period, the
minimum transaction is $5,000 and the City follows the state guidance for maximum total
balance. The City is restricted to a maximum of ten transactions per month. It offers high liquidity
because deposits can be converted to cash in 24 hours and no interest is lost. All interest is
distributed to those agencies participating on a proportionate share basis determined by the
amounts deposited and the length of time
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they are deposited. Interest is paid quarterly. The State retains an amount for reasonable costs of
making the investments, not to exceed one-half of one percent of the earnings.
LIQUIDITY: A liquid asset is one that can be converted easily and rapidly into cash without a
substantial loss of value. In the money market, a security is said to be liquid if the spread
between bid and asked prices is narrow and reasonable size can be done at those quotes.
LOCAL GOVERNMENT INVESTMENT POOL (LGIP): The aggregate of all funds from political
subdivisions that are placed in the custody of the State Treasurer for investment and
reinvestment
MARKET VALUE: The price at which a security is trading and could presumably be purchased
or sold.
MASTER REPURCHASE AGREEMENT: A written contract covering all future transactions
between the parties to repurchase-reverse repurchase agreements that establish each party's
rights in the transactions. A master agreement will often specify, among other things, the right of
the buyer- lender to liquidate the underlying securities in the event of default by the seller-
borrower.
MATURITY: The date upon which the principal or stated value of an investment becomes due and
payable.
MONEY MARKET: The market in which short-term debt instruments (bills, commercial paper,
bankers' acceptances, etc.) are issued and traded.
NRSRO (NATIONALLY RECOGNIZED STATISTICAL RATING ORGANIZATION): A
credit rating agency recognized by the Securities and Exchange Commission (SEC). Examples
include Fitch Ratings, Inc., Moody’s Investor’s Services, Inc., and S&P Global Ratings, among
others.
OFFER: The price asked by a seller of securities. (When you are buying securities, you ask for
an offer.) See Asked and Bid.
OPEN MARKET OPERATIONS: Purchases and sales of government and certain other
securities in the open market by the New York Federal Reserve Bank as directed by the FOMC
in order to influence the volume of money and credit in the economy. Purchases inject reserves
into the bank system and stimulate growth of money and credit; sales have the opposite effect.
Open market operations are the Federal Reserve's most important and most flexible monetary
policy tool.
PORTFOLIO: Collection of all cash and securities under the direction of the City Treasurer,
including Bond Proceeds.
PRIMARY DEALER: A group of government securities dealers who submit daily reports of
market activity and positions and monthly financial statements to the Federal Reserve Bank of
New York and are subject to its informal oversight. Primary dealers include Securities and
Exchange Commission (SEC) registered securities broker-dealers, banks and a few
unregulated firms.
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QUALIFIED PUBLIC DEPOSITORIES: A financial institution which does not claim exemption
from the payment of any sales or compensating use or ad valorem taxes under the laws of this
state, which has segregated for the benefit of the commission eligible collateral having a value
of not less than its maximum liability and which has been approved by the Public Deposit
Protection Commission to hold public deposits.
RATE OF RETURN: The yield obtainable on a security based on its purchase price or its
current market price. This may be the amortized yield to maturity on a bond the current income
return.
REPURCHASE AGREEMENT (RP OR REPO) and REVERSE REPURCHASE
AGREEMENTS (RRP or RevRepo): A holder of securities sells these securities to an investor
with an agreement to repurchase them at a fixed price on a fixed date. The security "buyer" in
effect lends the "seller" money for the period of the agreement, and the terms of the agreement
are structured to compensate him for this. Dealers use RP extensively to finance their positions.
Exception: When the Fed is said to be doing RP, it is lending money that is increasing bank
reserves.
SAFEKEEPING: A service to customers rendered by banks for a fee whereby securities and
valuables of all types and descriptions are held in the bank's vaults for protection.
SECONDARY MARKET: A market made for the purchase and sale of outstanding issues
following the initial distribution.
SECURITIES & EXCHANGE COMMISSION: Agency created by Congress to protect investors
in securities transactions by administering securities legislation.
SEC RULE 15C3-1: See Uniform Net Capital Rule.
SSAE 16: The Statement on Standards for Attestation Engagements No. 16 (SSAE 16) is a set
of auditing standards and guidance on using the standards, published by the Auditing Standards
Board (ASB) of the American Institute of Certified Public Accountants (AICPA) for redefining and
updating how service companies report on compliance controls. The Service Organizational
Control report (SOC-1) contains internal controls over financial reporting and is used by auditors
and office controllers.
STRUCTURED NOTES: Notes issued by Government Sponsored Enterprises (FHLB, FNMA,
SLMA, etc.) and Corporations which have imbedded options (e.g., call features, step-up
coupons, floating rate coupons, and derivative-based returns) into their debt structure. Their
market performance is impacted by the fluctuation of interest rates, the volatility of the imbedded
options and shifts in the shape of the yield curve.
SURPLUS FUNDS: Section 53601 of the California Government Code defines surplus funds as
any money not required for immediate necessities of the local agency. The City has defined
immediate necessities to be payment due within one week.
TREASURY BILLS: A non-interest- bearing discount security issued by the U.S. Treasury to
finance the national debt. Most bills are issued to mature in three months, six months or one
year.
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TREASURY BONDS: Long-term coupon-bearing U.S. Treasury securities issued as direct
obligations of the U.S. Government and having initial maturities of more than 10 years.
TREASURY NOTES: Medium-term coupon-bearing U.S. Treasury securities issued as direct
obligations of the U.S. Government and having initial maturities from two to 10 years.
UNIFORM NET CAPITAL RULE: Securities and Exchange Commission requirement that
member firms as well as nonmember broker-dealers in securities maintain a maximum ratio of
indebtedness to liquid capital of 15 to 1; also called net capital rule and net capital ratio.
Indebtedness covers all money owed to a firm, including margin loans and commitments to
purchase securities, one reason new public issues are spread among members of underwriting
syndicates. Liquid capital includes cash and assets easily converted into cash.
UNIFORM PRUDENT INVESTOR ACT: The State of California has adopted this Act. The Act
contains the following sections: duty of care, diversification, review of assets, costs, compliance
determinations, delegation of investments, terms of prudent investor rule, and application.
YIELD: The rate of annual return on an investment, expressed as a percentage. (a) INCOME
YIELD is obtained by dividing the current dollar income by the current market price for the
security. (b) NET YIELD or YIELD TO MATURITY is the current income yield minus any
premium above par or plus any discount from par in purchase price, with the adjustment spread
over the period from the date of purchase to the date of maturity of the bond.
48
News Release
FOR IMMEDIATE RELEASE
Date: December 15, 2024 For more information contact:
Shaun L. Farrell, Chairperson
CMTA Investment Policy Certification
Phone: 209-712-0428
Email: sfarrell@cityofgalt.org
(Sacramento, California) – The California Municipal Treasurers Association (CMTA) Investment Policy
Certification has been granted to the City of La Quinta.
This Investment Policy Certification recognizes that CMTA has validated that the City of La Quinta’s
Investment Policy adheres with the State of California Government Code and meets the program
requirements within 18 different topics areas deemed to be best practices for investment policies. Those
topics include: Scope, Prudence, Objective, Delegation of Authority, Ethics and Conflicts of Interest,
Authorized Financial Dealers and Institutions, Authorized and Suitable Investments, Review of Investment
Portfolio, Investment Pools/Mutual Funds, Collateralization, Safekeeping and Custody, Diversification,
Maximum Maturities, Internal Controls, Performance Standards, Reporting, Investment Policy Adoption
and Glossary. Once a policy is received by CMTA, it is independently evaluated using a scoring matrix by
three separate CMTA professionals. When the agency receives a passing score, the Investment Policy
earns the ‘Certified’ distinction.
To enhance the municipal treasurer’s role, CMTA has developed a number of certification programs to
reflect best practices and increase an individual’s knowledge of fixed income instruments. The Investment
Policy Certification program began in 2012 with the support from the California Debt and Investment
Advisory Commission. It is open to all government agencies within the State of California including special
districts, cities and counties.
CMTA was founded in 1958 by a handful of Municipal Treasurers from both Northern and Southern
California whose primary interest was to improve their function in local Government. CMTA is a
professional organization governed by active public officials who are representatives of their own local
governmental units.
ATTACHMENT 1
49
California Municipal
Treasurers Association
Investment Policy Certification
Issued on 12/15/2024
City of La Quinta
The California Municipal Treasurers Association certifies that the
investment policy of the City of La Quinta complies with the
current State statutes governing the investment practices of local
government entities located within the State of California.
President
12/15/2024
Date
50
City of La Quinta
FINANCIAL ADVISORY COMMISSION MEETING: May 7, 2025
STAFF REPORT
AGENDA TITLE: DISCUSS FISCAL YEAR 2025/26 PRELIMINARY PROPOSED
BUDGET
RECOMMENDATION
Discuss the fiscal year 2025/26 preliminary proposed budget.
EXECUTIVE SUMMARY
This first budget study session focuses on the General Fund and Internal Service
Funds. This information will be presented to the City Council on May 20, 2025.
A second budget study session will be presented to the City Council on June 3,
2025 and will cover Special Revenue Funds, Capital Funds, and Enterprise Funds
of the City.
A second budget study session will be presented to the Financial Advisory
Commission (FAC) on June 4, 2025, and will include all funds of the City.
All departments evaluated budget needs based on the City’s priorities and
operational needs when preparing their 2025/26 budgets.
Final budget adoption is scheduled for June 17, 2025.
FISCAL IMPACT
The preliminary General Fund budget projects a surplus of $60,420 with projected General
Fund revenues of $89,682,254 (including Measure G sales tax) and proposed operational
and capital expenditures of $90,221,834, including use of Measure G reserves in the
amount of $600,000.
BACKGROUND/ANALYSIS
The goal of the first budget study session is to provide an overview of the General Fund
and Internal Service Funds and review the use of Measure G sales tax revenues. Each
department section contains notes to explain changes from 2023/24 actuals, changes in
2024/25, and projections for 2025/26.
The annual budget outlines the City’s financial resources and plan for the City’s operations
and services for the upcoming year. Community input is a crucial component to the budget
process and helps the City develop a budget that reflects the priorities and values of La
STUDY SESSION ITEM NO. 2
51
Quinta residents and businesses. The Financial Advisory Commission provides oversight of
Measure G funds and assists with reviewing the 2025/26 operating and capital
improvement budgets.
To encourage citizen participation in public meetings, the 2025/26 budget schedule is
available online at: https://www.laquintaca.gov/our-city/city-departments/finance/budget/proposed-budget-2025-26-timeline
2/6/2025 Annual Community Workshop
3/26/2025 Financial Advisory Commission Meeting
Proposed Capital Improvement Program (CIP) Study Session
4/1/2025 City Council Meeting
Proposed Capital Improvement Program (CIP) Study Session
5/7/2025 Financial Advisory Commission Meeting
Preliminary General Fund Revenue & Expense Projections
5/20/2025
City Council Meeting
Budget Study Session #1 (General Fund and Internal Service
Funds focus)
6/3/2025
City Council Meeting
Budget Study Session #2 (All Appropriations- General Fund,
Internal Service Funds, Enterprise, and Special Revenue Funds)
6/3/2025 Housing Authority Meeting
Budget Study Session #1 (Housing Funds Only)
6/4/2025 Financial Advisory Commission Meeting
Final review of proposed Measure G sales tax uses
6/11/2025 Housing Commission Meeting
Final Review of proposed Housing Authority Budget
6/17/2025 City Council Meeting
Operating and CIP Budget Adoption
6/17/2025 Housing Authority Meeting
Budget Adoption
PUBLIC MEETING DATES
FISCAL YEAR 2025/26 BUDGET
Attachment 1 provides a narrative of General Fund revenues and expenses, Internal
Service Funds, and the Redevelopment Agency loan repayment to the City. Line item
details for these revenues and expenses are located in Exhibit A of the Attachment.
ALTERNATIVES
The Commission may wish to request further information regarding specific items. Per
State code the budget must be adopted prior to June 30.
Prepared by: Claudia Martinez, Finance Director
Attachment: 1. Fiscal Year 2025/26 Proposed Budget Overview
52
2025/26 PROPOSED BUDGET
STUDY SESSION #1
The first budget study session is designed to provide an overview of the General Fund and four
Internal Service Funds (ISF’s). Special Revenue, Capital, and Enterprise Funds will be
presented on June 3, 2025. Exhibit A includes proposed revenue and expenditure details for all
General Fund and Internal Service Funds.
The FY 2025/26 proposed budget was developed with a prudent and responsive approach,
reflecting current economic challenges and revenue constraints. This budget supports continued
investment in community priorities and sustains the high-quality City services our residents rely
on. It advances key capital improvement projects and leverages reserve funds strategically to
invest in critical infrastructure—including road enhancements, landscape and median upgrades,
and improvements to public amenities. Through conservative fiscal management and thoughtful
resource allocation, the City remains well-positioned to adapt to future challenges while
delivering meaningful progress in the year ahead.
The proposed General Fund budget reflects a projected surplus of $60,420, driven by cautious
revenue growth assumptions and expenditure projections that align with departmental
operational needs. A key contributor to balancing the budget is the nearly $5 million one-time
transfer in from the Disaster Recovery Fund to support police services, along with the strategic
use of Measure G revenues for capital improvement projects.
The budget provides resources for public safety, daily operations, and capital improvements for
the upcoming fiscal year. Projections are anticipated to change prior to budget adoption. The
final proposed budget will be structurally balanced.
REVENUES
The City’s revenue estimates for FY 2025/26 represent a $1,974,450 increase over the revised
FY 2024/25 projections, revenues by category are summarized below:
Revenues 89,682,254$
Less Operating/CIP Expenses (90,221,834)
Preliminary Budget Surplus (539,580)
Use of Measure G Reserves 600,000
BUDGET SURPLUS 60,420$
GENERAL FUND
FY 2024/25 PROPOSED BUDGET SUMMARY
ATTACHMENT 1
53
The FY 2025/26 projected revenue outlook reflects a more cautious economic climate, with a
modest decline in key General Fund revenue sources compared to the prior year. While the City
remains in a stable financial position due to prudent fiscal management, a slowdown in sales tax
growth—combined with inflation-driven shifts in consumer behavior and broader economic
uncertainty—is expected to impact overall revenue. The City's top three revenue sources—
continue to comprise the majority of General Fund revenue. However, projected decreases in
sales-related taxes and potential softening in tourism activity underscore the importance of
ongoing financial discipline as the City adjusts to evolving economic conditions.
Major general revenues, such as property taxes, sales taxes, franchise fees, and transient
occupancy taxes are projected by the Finance Department based on prior history, growth and
inflation projections, and economic climate. Subject-matter experts such as the City’s sales tax
consultant, the County Assessor, and regional and local economic forecasts also assist in the
projection of revenues.
Taxes - The City’s top three revenue sources for the General Fund total $52,740,000 (or 59% of
the total $89,687,254) and continue to be:
Sales Taxes $25,600,000
Property Taxes $13,675,000
Transient Occupancy Taxes (TOT) $13,465,000
Sales tax revenue is highly sensitive to economic conditions, and reflects the factors that drive
taxable sales, including levels of unemployment, consumer confidence, per-capita income, and
business investment. Based on the current fiscal year budget, sales tax is anticipated to
decrease by $800,000 and Measure G by $1.1 million, largely due to a slowdown in economic
activity and inflation-driven changes in purchasing behavior.
Property Tax revenues are based on a 1.0% levy on the assessed value of all real property.
Under the terms of Proposition 13, approved in California in 1978, annual increases in the
assessed value are capped at a maximum of 2% per year unless there is a change in ownership
or new construction. Annual increases in assessed value are limited by either the California
Consumer Price Index (CPI) or the 2% cap, whichever is less. Increased home values and sales
have driven assessed valuations higher than the 2% cap.
General Fund Revenues 2024/25
Original
2024/25
Current
2025/26
Proposed
Change
Current v.
Proposed
Tax Revenues 63,270,000 63,270,000 62,110,000 (1,160,000)
Licenses & Permits 2,386,500 2,386,500 2,329,700 (56,800)
Intergovernmental 11,253,000 11,253,000 12,353,000 1,100,000
Charges for Services 1,028,700 1,028,700 1,032,450 3,750
Fines, Forefeitures & Abatements 341,000 341,000 347,500 6,500
Use of Money & Property/Misc. 4,435,100 4,435,100 6,516,100 2,081,000
Transfers In - 4,993,504 4,993,504 -
Total Revenues 82,714,300 87,707,804 89,682,254 1,974,450
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The City of La Quinta imposes a Transient Occupancy Tax (TOT) upon all hotel stays within
the City boundaries at a rate of 11% and short-term vacation rentals (STVR) at 10%. Major
economic drivers for TOT revenue include room rates, average occupancy rates, and seasonal
and non‐seasonal tourism. The projected decrease from the current year is based on existing
trends and reflects broader economic uncertainty, including the potential impact of a recession
on travel and tourism spending.
Licenses & Permits – The projected decrease in this category reflects lower anticipated
collections in several permit and fee categories including business licenses, STVR business
licenses, and fire inspection fees, which together account for much of the decline. These
decreases are partially offset by modest gains in other areas such as conditional use Permits
and temporary use permits, but overall activity remains slightly below the prior year, consistent
with slower development and economic activity.
Intergovernmental - The majority of the revenues in this category are derived from fire service
property taxes restricted for fire services, which accounts for an increase of $1.1 million
compared to last fiscal year largely due to an increase in Redevelopment Property Tax Trust
Fund or RPTTF, and overall assessed valuations of property values. The revenue is recognized
as current year collections or use of reserves; we are not anticipating using reserves based on
current estimates provided by the County, similar to the prior fiscal year.
Charges for Services – This category reflects a minimal year-over-year increase, with decreases
in revenue from leisure activities and Public Works development plan check fees, consistent with
current economic conditions. These declines are offset by projected increases in Wellness
Center session revenues, driven by the anticipated transition to seven-day operations and
current year-to-date activity.
Fines & Assessments – An overall decrease of $6,500 is anticipated due to reduced expenses
in the Code Enforcement Program, specifically for graffiti removal. This adjustment is based on
year-to-date activity in FY 2024/25.
Use of Money & Property/Miscellaneous – The proposed budget reflects increased revenue from
investment interest earnings, driven by the City’s long-term investments secured at favorable
interest rates. This outcome highlights the efforts, and the importance placed on maintaining a
strategic focus on long-term investments as a key component of the City’s financial resilience.
As of the close of the second quarter of FY 2024/25, the average portfolio rate of return was
3.61%, up from 3.35% in the prior year.
EXPENSES
City staff and management have continued to exercise fiscal responsibility, maintaining strong
budget discipline and positioning the City to conclude the current fiscal year with projected
savings. While economic uncertainty remains, the proposed budget for the upcoming year builds
on this foundation with thoughtful investments in staffing, infrastructure, and community
programs that align with evolving resident needs and Council’s strategic priorities.
55
These targeted investments will help preserve the stability and resilience of our workforce—the
cornerstone of all City services—while enhancing our ability to deliver programs efficiently,
equitably, and with lasting impact. The proposed budget reflects a commitment to operational
excellence, long-term sustainability, and the continued wellbeing of our community.
A summary of expenses by department is provided in the chart below, along with an explanation
of major variances specific to departments. Overall increases affecting all departments include
salary and benefits (annual step increases and CalPERS rates), annual contract rates, utility
rates, and inflationary impacts on goods and services.
Significant department adjustments include:
Police and Fire: Police and fire contract expenses are incorporated using estimates from the
County of Riverside, final numbers will be reflective of rates once contracts are approved. These
combined budgets are a total of $33,345,370 or 37% of the proposed General Fund budget.
Parks Maintenance: The decrease is primarily due to a lower transfer to the Park Equipment &
Facility Internal Service Fund, as the playground enhancements that are currently underway in
FY 2024/25 will be carried over and completed in the current fiscal year.
General Fund Expenditures 2024/25
Original
2024/25
Current
2025/26
Proposed
Change
Current v.
Proposed
City Council 346,400 346,400 348,100 1,700
City Manager Department 1,641,100 1,641,100 1,789,800 148,700
Marketing & Community Relations 1,932,600 1,932,600 1,910,740 (21,860)
City Attorney 800,000 800,000 1,100,000 300,000
Human Resources 745,900 745,900 807,100 61,200
City Clerk Department 1,406,570 1,406,570 1,378,970 (27,600)
Police 19,643,300 19,643,300 21,687,500 2,044,200
Fire 10,572,110 10,972,110 11,657,870 685,760
Community Services Administration 716,400 716,400 629,500 (86,900)
Wellness Center Operations 683,600 683,600 686,050 2,450
Recreational Programs & Events 1,956,000 1,956,000 2,042,450 86,450
Code Compliance/Animal Control 1,821,340 1,821,340 1,857,940 36,600
Public Safety Administration 269,890 269,890 373,714 103,824
Parks Maintenance 4,538,300 4,538,300 4,164,050 (374,250)
Public Buildings 1,875,750 1,875,750 1,959,050 83,300
Public Works Administration 835,797 835,797 791,500 (44,297)
Public Works Development Services 539,383 539,383 538,100 (1,283)
Streets Department- Traffic 1,036,550 1,186,550 1,327,150 140,600
Engineering Services 1,234,400 1,234,400 1,084,600 (149,800)
Design & Development Administration 826,800 826,800 721,200 (105,600)
Planning 856,900 856,900 1,509,400 652,500
Building 1,513,600 1,513,600 1,499,700 (13,900)
The Hub 1,499,875 1,499,875 1,329,750 (170,125)
Finance 2,103,500 2,103,500 2,292,500 189,000
Centralized Services 23,935,600 46,177,120 26,735,100 (19,442,020)
Total Expenditures 83,331,665 106,123,185 90,221,834 (15,901,351)
56
Planning: The increase in this division is associated with master planning efforts for the southern
Sphere of Influence (SOI) area, in preparation for a potential expansion of the City’s boundaries
and service area in the upcoming year.
Centralized Services - This department budget captures citywide expenses. Annually this
division’s budget fluctuates most because it captures large one-time expenses such as pension
and OPEB (Other Post-Employment Benefits) trust contributions, building improvements, land
acquisition, and capital improvement carryovers for multi-year projects.
The FY 2025/26 annual pension liability contribution is $350,000, representing a $150,000
increase over the prior year. This contribution covers employees in the Classic Tier, Tier 2, and
PEPRA. In FY 2024/25, the City also approved a $4 million discretionary payment toward its
unfunded pension obligations. The financial impact of this additional payment will be reflected in
the FY 2026/27 budget. This proactive step strengthens the City’s financial position amid a
shifting economic landscape.
To continue the City’s efforts of staff development and succession planning, managing CalPERS
rate increases, responding to labor market adjustments, and to address staffing needs, an
increase of $500,000 is recommended to execute these principles.
INTERNAL SERVICE FUNDS (ISF)
ISF are used to account for activities involved in rendering services to departments within the
City. Costs of materials and services used are accumulated in these funds and charged to user
departments based on personnel and large equipment assigned to each. The following is a
summary of expenses by ISF:
Equipment Replacement Fund – The $920,000 decrease in this fund is primarily due to the
completion of several major projects in FY 2024/25, including city building repairs (e.g., roof
replacements and Electric Vehicle (EV) charging station installations) and significant equipment
purchases (such as a backhoe, skid steer, and water truck). There are no major expenditures
anticipated to recur in the upcoming fiscal year.
Fund
Current
FY 24/25
Proposed
FY 25/26 Variance
Equipment Replacement 2,665,364 1,745,500 (919,864)
Information Technology 3,367,945 4,002,320 634,375
Park Equipment 2,700,000 935,000 (1,765,000)
Insurance Fund 1,058,000 1,235,100 177,100
9,791,309 7,917,920 (1,873,389)
INTERNAL SERVICE FUNDS SUMMARY
57
Information Technology Fund – An increase of $634,000 in this fund is largely due to anticipated
major infrastructure projects, including upgrades to IT systems and equipment in public facilities.
Park Equipment Fund – The approximately $1.7 million decrease in this fund is largely due to
one-time playground enhancements completed in FY 2024/25, which included shade canopy
replacements, benches, drinking fountains, and upgraded playground and fitness equipment.
Remaining funds from FY 2024/25 will be carried over to support ongoing projects.
Insurance Fund – An overall increase of $177,000 is due to the estimated insurance premiums
provided by California Joint Powers Authority (CJPIA), final projections will be provided at budget
adoption.
MEASURE G SALES TAX
Measure G sales tax revenue is anticipated to be $14,400,000 and is allocated as presented
below in the proposed budget. The Financial Advisory Commission will be reviewing the
proposed uses of Measure G revenues at the June 4th meeting.
REDEVELOPMENT LOAN REPAYMENT
The City’s Last and Final Recognized Obligation Payment Schedule (ROPS) for the Successor
Agency (former Redevelopment Agency) includes an annual loan repayment. For 2025/26 the
total loan repayment is $3,575,934 which is allocated 80% to the General Fund ($2,860,747)
and 20% ($715,187) to the Housing Authority Fund. These revenues will be recognized in
unassigned reserves in each fund and are not allocated to current expenses. The final loan
repayment is scheduled for FY 2029/30. Remaining outstanding loan repayments after 2025/26
total $14,597,984.
PUBLIC PARTICIPATION
The annual budget outlines the City’s financial resources and plan for the City’s operations and
services for the upcoming year. Community input is a crucial component to the budget process
and helps the City develop a budget that reflects the priorities and values of La Quinta residents
and businesses.
Measure G Sales Tax Revenue 14,400,000$
Police Services -
Capital Improvements (15,000,000)
Available for Appropriation (600,000)$
MEASURE G SALES TAX SUMMARY
58
To encourage citizen participation in public meetings, the 2025/26 budget schedule is available
on the City’s website and is noted below:
https://www.laquintaca.gov/our-city/city-departments/finance/budget/proposed-budget-2025-26-timeline
2/6/2025 Annual Community Workshop
3/26/2025 Financial Advisory Commission Meeting
Proposed Capital Improvement Program (CIP) Study Session
4/1/2025 City Council Meeting
Proposed Capital Improvement Program (CIP) Study Session
5/7/2025 Financial Advisory Commission Meeting
Preliminary General Fund Revenue & Expense Projections
5/20/2025
City Council Meeting
Budget Study Session #1 (General Fund and Internal Service
Funds focus)
6/3/2025
City Council Meeting
Budget Study Session #2 (All Appropriations- General Fund,
Internal Service Funds, Enterprise, and Special Revenue Funds)
6/3/2025 Housing Authority Meeting
Budget Study Session #1 (Housing Funds Only)
6/4/2025 Financial Advisory Commission Meeting
Final review of proposed Measure G sales tax uses
6/11/2025 Housing Commission Meeting
Final Review of proposed Housing Authority Budget
6/17/2025 City Council Meeting
Operating and CIP Budget Adoption
6/17/2025 Housing Authority Meeting
Budget Adoption
PUBLIC MEETING DATES
FISCAL YEAR 2025/26 BUDGET
59
MEASURE G REVENUE AND USES SUMMARY
Fiscal Year (FY)
REVENUES
2016/17 Actual 1,462,650$
2017/18 Actual 9,967,657
2018/19 Actual 10,958,118
2019/20 Actual 10,310,526
2020/21 Actual 12,594,389
2021/22 Actual 15,615,802
2022/23 Actual 16,088,087
2023/24 Actual 15,471,183
2024/25 Budget (Current) 15,500,000
2025/26 Budget (Proposed)14,400,000
TOTAL 122,368,412$
Year Earned Project Description Operational Capital Reserves Total by Year
2016/17 Eisenhower Dr. Retention Basin 750,000
Washington St. Connector to Art & Music Line 712,650 - 1,462,650
2017/18 Public Safety Fund 300,000
North La Quinta Landscape Improvements 1,802,576
Citywide Drainage Enhancements 2,407,373
La Quinta Village Road Diet Project 1,972,158
X-Park Funding 147,350
Alongi Building Improvements 800,000
SilverRock Event Site 321,900
SilverRock Event Site 244,700
Alongi Building at SilverRock Event Site 160,000
SilverRock Event Site 290,000
SilverRock Event Site Retention Basin 10,000
SilverRock Event Site Retention Basin 427,250
Measure G Reserves 17/18 1,084,350 9,967,657
2018/19 Public Safety Fund 850,000
Public Safety Contract Services 2,100,000
Citywide Drainage Enhancements 194,730
North La Quinta Landscape Improvements 2,129,613
SilverRock Event Site 1,300,000
Measure G Reserves 18/19 4,383,775 10,958,118
2019/20 Public Safety Contract Services 2,750,000
Corporate Yard Administration/Crew Quarters 411,013
Highway 111 Corridor Improvements 1,000,000
North La Quinta Landscape Improvements 3,703,369
Village Art Plaza Promenade 310,000
Measure G Reserves 19/20 2,136,144 10,310,526
2020/21 Public Safety Contract Services 4,545,000
X-Park Landscaping 275,000
Highway 111 Corridor Improvements 250,000
Measure G Reserves 2020/21 7,524,389 12,594,389
2021/22 Public Safety Contract Services 5,163,000
Landscape Renovation Improvements 1,408,356
Highway 111 Corridor Improvements 1,000,000
Fritz Burns Park Improvements 350,000
Allocate Bridge Funding 7,468,061
Measure G Reserves 2021/22 226,385 15,615,802
2022/23 Public Safety Contract Services 5,100,000
Landscape Renovation Improvements 500,000
Sports Complex Lighting 300,000
Village Underground Utilities Feasibility 100,000
ADA Transition Plan Update 150,000
Village Parking Lot 500,000
Phase II Public Safety Camera System 1,797,000
Smart Infrastructure Feasibility 250,000
Highway 111 Corridor Improvements 1,000,000
Dune Palms Bridge Advance Funding Reimbursement (7,468,061)
Measure G Reserves 2022/23 13,859,148 16,088,087
2023/24 Public Safety Contract Services 5,100,000
Highway 111 Corridor Improvements 1,000,000
Avenue 48 Art and Music Line 2,400,000
Fritz Burns Park Improvements 1,500,000
Highway 111 Event Site- Reprogrammed to Fritz Burns Park, see FY 24-25 -
Washington St. Connector to Art & Music Line 1,200,000
Measure G Reserves 2023/24 4,271,183 15,471,183
2024/25 Public Safety Contract Services 7,300,000
Pavement Management Plan Street Improvements 1,000,000
Maintenance & Operations Yard 900,000
Cultural Campus 1,000,000
Highway 111 Corridor Area Plan Implementation 3,050,000
Fritz Burns Park Improvements 5,000,000
Citywide Dog Park Improvements 500,000
Welcome Center Improvements 750,000
Measure G Reserves 2024/25 - (4,000,000) 15,500,000
2025/26 Public Safety Contract Services -
Pavement Management Plan Street Improvements 2,000,000
Maintenance & Operations Yard 9,800,000
Cultural Campus 1,200,000
Highway 111 Corridor Area Plan Implementation 1,000,000
Miles Avenue Pavement Rehabilitation 1,000,000
Measure G Reserves 2025/26 - (600,000) 14,400,000
TOTAL 33,208,000$ 60,275,038$ 28,885,374$ 122,368,412$
27%49%24%
MEASURE G REVENUES AND USES SUMMARY
MEASURE G USES
60
EXHIBIT A
61
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62
The annual budget process coordinates the allocation of city revenues for essential services
such as police and fire, community programs and events, and capital improvement projects.
The City invites you to participate and/or track public meetings regarding the fiscal year
2025/26 budget. Proposed public meeting dates are summarized below and as meetings
occur budget information presented will be available online on a dedicated City webpage
within the Finance Department at:
https://www.laquintaca.gov/our-city/city-departments/finance/budget/proposed-
budget-2025-26-timeline
Questions regarding the fiscal year 2025/26 budget may be directed to
finance@laquintaca.gov or by calling 760-777-7055.
CITY OF LA QUINTA FY 2025/26 PROPOSED BUDGET
1 63
ESTIMATED CURRENT RESOURCES:
REVENUES:
TAX REVENUES 62,110,000$
LICENSES & PERMITS 2,329,700
INTERGOVERNMENTAL 12,353,000
CHARGES FOR SERVICES 1,032,450
FINES, FOREFEITURES & ABATEMENTS 347,500
USE OF MONEY &PROPERTY/MISCELLANEOUS 6,516,100
TRANSFERS IN 4,993,504
TOTAL ESTIMATED CURRENT RESOURCES 89,682,254$
ESTIMATED CURRENT REQUIREMENTS:
EXPENDITURES:
CITY COUNCIL 348,100$
CITY MANAGER DEPARTMENT 4,507,640
CITY MANAGER'S DIVISION 1,789,800
HUMAN RESOURCES 807,100
MARKETING/COMMUNITY RELATIONS 1,910,740
CITY ATTORNEY 1,100,000
CITY CLERK DEPARTMENT 1,378,970
COMMUNITY SERVICES 3,358,000
COMMUNITY SERVICES ADMINISTRATION 629,500
WELLNESS CENTER OPERATIONS 686,050
RECREATION PROGRAMS/SPECIAL EVENTS 2,042,450
PUBLIC SAFETY 35,577,024
POLICE 21,687,500
FIRE 11,657,870
CODE COMPLIANCE/ANIMAL CONTROL 1,857,940
PUBLIC SAFETY ADMINISTRATION 373,714
PUBLIC WORKS 9,864,450
PARKS MAINTENANCE 4,164,050
PUBLIC BUILDINGS 1,959,050
PUBLIC WORKS ADMINISTRATION 791,500
DEVELOPMENT SERVICES 538,100
STREETS- TRAFFIC 1,327,150
ENGINEERING SERVICES 1,084,600
DESIGN & DEVELOPMENT 5,060,050
DESIGN & DEVELOPMENT ADMINISTRATION 721,200
PLANNING 1,509,400
BUILDING 1,499,700
THE HUB 1,329,750
FISCAL SERVICES 29,027,600
FINANCE 2,292,500
CENTRAL SERVICES (Includes CIP)26,735,100
TOTAL ESTIMATED CURRENT REQUIREMENTS 90,221,834$
PRELIMINARY BUDGET SURPLUS (539,580)$
USE OF MEASURE G SALES TAX RESERVES 600,000
BUDGET SURPLUS/(DEFICIT)60,420$
FISCAL YEAR 2025/26 PROPOSED BUDGET
CITY OF LA QUINTA
GENERAL FUND REVENUES AND EXPENDITURES BY DEPARTMENT/DIVISION
CITY OF LA QUINTA FY 2025/26 PROPOSED BUDGET
2 64
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed
25/26 vs.
Current 24/25
% Change
in Budget
3,517,075 3,400,000 3,400,000 2,110,378 3,700,000 300,000 9%
5,867,985 5,300,000 5,300,000 3,328,183 6,100,000 800,000 15%
3,296,679 3,050,000 3,050,000 1,919,070 3,875,000 825,000 27%
12,170,477 12,000,000 12,000,000 5,575,968 11,200,000 (800,000)-7%
15,471,183 15,500,000 15,500,000 7,367,769 14,400,000 (1,100,000)-7%
919,762 720,000 720,000 375,706 675,000 (45,000)-6%
9,280,952 9,370,000 9,370,000 6,193,131 8,100,000 (1,270,000)-14%
5,921,487 5,500,000 5,500,000 3,272,352 4,950,000 (550,000)-10%ntals
107,075 100,000 100,000 60,050 100,000 0 0%
373,321 370,000 370,000 261,161 315,000 (55,000)-15%
1,326,900 1,130,000 1,130,000 758,477 1,475,000 345,000 31%
310 - Tax Revenues
101-0000-40310 Property Tax Revenue
101-0000-40311 No-Low City Property Tax
101-0000-40315 RPTTF Pass Through
101-0000-41320 State Sales Tax
101-0000-41326 Measure G Sales Tax
101-0000-41327 Document Transfer Tax
101-0000-41400 TOT - Hotels
101-0000-41401 TOT - Short Term Vac. Rentals
101-0000-41402 TOT - Bed and Breakfast
101-0000-41416 TOT - Resort Fees
101-0000-41505 Franchise Taxes - Burrtec
304,192 190,000 190,000 0 250,000 60,000 32%101-0000-41508 Southern California Gas Franchiseanchise Fee
639,750 620,000 620,000 301,617 600,000 (20,000)-3%101-0000-41509 Fee
149,045 170,000 170,000 28,605 120,000 (50,000)-29%101-0000-41510 Fees
5,584,194 5,850,000 5,850,000 3,053,483 6,250,000 400,000 7%101-0000-41800
Cable Television Franchise
Communications Franchise
Property Tax in Lieu of VLFF
310 - Tax Revenues Totals:64,930,079 63,270,000 63,270,000 34,605,949 62,110,000 (1,160,000)
-2%
320 - Licenses & Permits
1,625 2,000 2,000 650 1,000 (1,000)-50%101-0000-41411 STVR Inspection Fee
933,250 900,000 900,000 754,753 900,000 0 0%101-0000-41415 STVR Registration Fee
344,147 355,000 355,000 305,694 300,000 (55,000)-15%101-0000-41600 Business Licenses
51,446 60,000 60,000 43,175 50,000 (10,000)-17%101-0000-41602 STVR Business Licenses
1,410 1,500 1,500 1,538 1,200 (300)-20%101-0000-41610 Film Permits
502,000 335,000 335,000 348,608 335,000 0 0%101-0000-42400 Building Permits
106,736 50,000 50,000 46,967 50,000 0 0%101-0000-42401 Plumbing Permits
90,966 65,000 65,000 58,845 65,000 0 0%101-0000-42402 Mechanical Permits
80,147 50,000 50,000 49,170 50,000 0 0%101-0000-42403 Electrical Permits
234,912 160,000 160,000 147,603 160,000 0 0%101-0000-42404 Miscellaneous Permits
5,520 5,000 5,000 4,600 4,500 (500)-10%101-0000-42405 Garage Sale Permits
8,809 10,000 10,000 5,186 10,000 0 0%101-0000-42408 Grading Permits
119,285 85,000 85,000 85,172 95,000 10,000 12%101-0000-42420 Fire Plan Review Fee
53,776 100,000 100,000 16,565 80,000 (20,000)-20%101-0000-42421 Fire Inspection Fee
1,220 1,000 1,000 1,412 1,000 0 0%101-0000-42430 Transportation Permits
20,061 10,000 10,000 22,920 15,000 5,000 50%101-0000-42431 Conditional Use Permits
0 1,000 1,000 0 3,000 2,000 200%101-0000-42433 Minor Use Permit
20,786 12,000 12,000 24,398 16,000 4,000 33%101-0000-42434 Sign Permit
84,883 55,000 55,000 70,981 60,000 5,000 9%101-0000-42435 Site Development Permit
11,270 10,000 10,000 14,020 10,000 0 0%101-0000-42436 Final Landscaping Plans
9,049 6,000 6,000 6,778 4,000 (2,000)-33%101-0000-42437 Development Agreement
7,490 3,000 3,000 14,133 10,000 7,000 233%101-0000-42439 Temporary Use Permit
123,763 100,000 100,000 132,821 100,000 0 0%101-0000-43632 Public Works Permits
8,062 10,000 10,000 7,189 9,000 (1,000)-10%101-0000-43638 NPDES Inspections
320 - Licenses & Permits Totals:2,820,613 2,386,500 2,386,500 2,163,178 2,329,700 (56,800)-2%
330 - Intergovernmental
0 0 0 5,707 0 0 0%101-0000-41710 State Gov't Revenue
11,964,881 11,000,000 11,000,000 6,530,883 12,100,000 1,100,000 10%101-0000-42500 Fire Service Credit
3,517,075 3,400,000 3,400,000 2,110,378 3,700,000 300,000
5,867,985 5,300,000 5,300,000 3,328,183 6,100,000 800,000
3,296,679 3,050,000 3,050,000 1,919,070 3,875,000 825,000
12,170,477 12,000,000 12,000,000 5,575,968 11,200,000 (800,000)
15,471,183 15,500,000 15,500,000 7,367,769 14,400,000 (1,100,000)
919,762 720,000 720,000 375,706 675,000 (45,000)
9,280,952 9,370,000 9,370,000 6,193,131 8,100,000 (1,270,000)
5,921,487 5,500,000 5,500,000 3,272,352 4,950,000 (550,000)
107,075 100,000 100,000 60,050 100,000 0
373,321 370,000 370,000 261,161 315,000 (55,000)
1,326,900 1,130,000 1,130,000 758,477 1,475,000 345,000
304,192 190,000 190,000 0 250,000 60,000
639,750 620,000 620,000 301,617 600,000 (20,000)
149,045 170,000 170,000 28,605 120,000 (50,000)
5,584,194 5,850,000 5,850,000 3,053,483 6,250,000 400,000
64,930,079 63,270,000 63,270,000 34,605,949 62,110,000 (1,160,000)
1,625 2,000 2,000 650 1,000 (1,000)
933,250 900,000 900,000 754,753 900,000 0
344,147 355,000 355,000 305,694 300,000 (55,000)
51,446 60,000 60,000 43,175 50,000 (10,000)
1,410 1,500 1,500 1,538 1,200 (300)
502,000 335,000 335,000 348,608 335,000 0
106,736 50,000 50,000 46,967 50,000 0
90,966 65,000 65,000 58,845 65,000 0
80,147 50,000 50,000 49,170 50,000 0
234,912 160,000 160,000 147,603 160,000 0
5,520 5,000 5,000 4,600 4,500 (500)
8,809 10,000 10,000 5,186 10,000 0
119,285 85,000 85,000 85,172 95,000 10,000
53,776 100,000 100,000 16,565 80,000 (20,000)
1,220 1,000 1,000 1,412 1,000 0
20,061 10,000 10,000 22,920 15,000 5,000
0 1,000 1,000 0 3,000 2,000
20,786 12,000 12,000 24,398 16,000 4,000
84,883 55,000 55,000 70,981 60,000 5,000
11,270 10,000 10,000 14,020 10,000 0
9,049 6,000 6,000 6,778 4,000 (2,000)
7,490 3,000 3,000 14,133 10,000 7,000
123,763 100,000 100,000 132,821 100,000 0
8,062 10,000 10,000 7,189 9,000 (1,000)
2,820,613 2,386,500 2,386,500 2,163,178 2,329,700 (56,800)
0 0 0 5,707 0 0
11,964,881 11,000,000 11,000,000 6,530,883 12,100,000 1,100,000
CITY OF LA QUINTA GENERAL FUND REVENUE FY 2025/26 PROPOSED BUDGET
3 65
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed
25/26 vs.
Current 24/25
% Change
in Budget
520,573 250,000 250,000 567,236 250,000 0 0%101-0000-43633 CSA 152 Assessments
3,000 3,000 3,000 0 3,000 0 0%101-0000-43650 Contributions from Other Agencies
330 - Intergovernmental Totals:12,488,454 11,253,000 11,253,000 7,103,826 12,353,000 1,100,000
10%
25,280 11,000 11,000 6,714 8,000 (3,000)-27%
38,980 40,000 40,000 27,170 40,000 0 0%
4,850 5,000 5,000 1,734 5,000 0 0%
14,401 10,000 10,000 18,038 18,000 8,000 80%
350 5,000 5,000 510 1,000 (4,000)-80%
30,784 15,000 15,000 34,346 30,000 15,000 100%nrichment
0 0 0 4,840 0 0 0%
648 1,000 1,000 736 1,000 0 0%vents
113,575 80,000 80,000 80,887 80,000 0 0%hips
1,009 0 0 (50)0 0 0%
135 100 100 25 50 (50)-50%
46,756 10,000 10,000 16,920 17,000 7,000 70%ecks
23,788 20,000 20,000 39,700 32,000 12,000 60%
43,465 20,000 20,000 33,261 20,000 0 0%gement
3,686 2,500 2,500 1,858 1,850 (650)-26%
340 - Charges for Services
101-0000-42200 Leisure Enrichment
101-0000-42210 Youth Sports
101-0000-42211 Adult Sports
101-0000-42212 Facility Rentals
101-0000-42213 Special Events
101-0000-42214 Wellness Center Leisure Enrichment
101-0000-42215 City Facilities Rental Fee
101-0000-42216 Wellness Center Special Events
101-0000-42218 Wellness Center Members
101-0000-42300 Cash Over/Short
101-0000-42303 NSF Charges
101-0000-42412 Minor Adjustment, Plan Checks
101-0000-42415 Tentative Tract Map
101-0000-42416 Digitization/Records Mgmt.
101-0000-42417 Modification by Applicant
2,000 1,000 1,000 3,066 3,000 2,000 200%101-0000-42440 Appeals - Permits, Licenses,Projectss, Projects, Bids
922 500 500 48 500 0 0%101-0000-42441 ew
13,851 11,000 11,000 14,540 22,000 11,000 100%101-0000-42443
3,158 5,000 5,000 183 4,000 (1,000)-20%101-0000-42445 t
11,899 12,000 12,000 5,998 12,000 0 0%101-0000-42446
7,985 7,000 7,000 4,821 5,000 (2,000)-29%101-0000-42447
11,221 11,000 11,000 0 9,000 (2,000)-18%101-0000-42448
12,736 12,000 12,000 19,817 18,500 6,500 54%101-0000-42451
3,000 0 0 0 0 0 0%101-0000-42456
22,955 8,000 8,000 0 6,800 (1,200)-15%101-0000-42460
654,406 550,000 550,000 492,376 550,000 0 0%101-0000-42600
602 500 500 206 500 0 0%101-0000-42610
484 600 600 252 500 (100)-17%101-0000-42615
370,662 160,000 160,000 165,261 120,000 (40,000)-25%101-0000-42810 eck Fee
1,418 2,500 2,500 887 2,000 (500)-20%101-0000-43631
29,416 28,000 28,000 7,891 24,750 (3,250)-12%101-0000-43635
Planning Compliance Review
Zone Change
Environmental Assessment
General Plan Amendment
Home Occupations
Tentative Parcel Map
Specific Plan
Lot Exemption Fee
Pre-Application Review
Building Plan Check Fees
SMIP Fees
CBSC Administrative Fees
Public Works Dev. Plan Check
CVMSHCP Admin Fee
VGPS TBID Admin Fee
340 - Charges for Services Totals:1,494,422 1,028,700 1,028,700 982,035 1,032,450 3,750 0%
350 - Fines, Forfeitures & Abatements
167,138 120,000 120,000 39,440 120,000 0 0%101-0000-42700 Administrative Citations
7,628 5,500 5,500 4,162 6,000 500 9%101-0000-42701 Lot Abatement
49,689 35,000 35,000 9,061 35,000 0 0%101-0000-42702 Vehicle Abatement
52,059 65,000 65,000 47,402 65,000 0 0%101-0000-42703 Vehicle Impound Fee
49,366 60,000 60,000 21,851 60,000 0 0%101-0000-42705 Motor Vehicle Code Fines
12,861 15,000 15,000 10,802 15,000 0 0%101-0000-42706 Parking Violations
704 1,500 1,500 123 1,500 0 0%101-0000-42707 Misc Fines
8,165 9,000 9,000 0 5,000 (4,000)-44%101-0000-42708 Graffiti Removal
520,573 250,000 250,000 567,236 250,000 0
3,000 3,000 3,000 0 3,000 0
12,488,454 11,253,000 11,253,000 7,103,826 12,353,000 1,100,000
25,280 11,000 11,000 6,714 8,000 (3,000)
38,980 40,000 40,000 27,170 40,000 0
4,850 5,000 5,000 1,734 5,000 0
14,401 10,000 10,000 18,038 18,000 8,000
350 5,000 5,000 510 1,000 (4,000)
30,784 15,000 15,000 34,346 30,000 15,000
0 0 0 4,840 0 0
648 1,000 1,000 736 1,000 0
113,575 80,000 80,000 80,887 80,000 0
1,009 0 0 (50)0 0
135 100 100 25 50 (50)
46,756 10,000 10,000 16,920 17,000 7,000
23,788 20,000 20,000 39,700 32,000 12,000
43,465 20,000 20,000 33,261 20,000 0
3,686 2,500 2,500 1,858 1,850 (650)
2,000 1,000 1,000 3,066 3,000 2,000
922 500 500 48 500 0
13,851 11,000 11,000 14,540 22,000 11,000
3,158 5,000 5,000 183 4,000 (1,000)
11,899 12,000 12,000 5,998 12,000 0
7,985 7,000 7,000 4,821 5,000 (2,000)
11,221 11,000 11,000 0 9,000 (2,000)
12,736 12,000 12,000 19,817 18,500 6,500
3,000 0 0 0 0 0
22,955 8,000 8,000 0 6,800 (1,200)
654,406 550,000 550,000 492,376 550,000 0
602 500 500 206 500 0
484 600 600 252 500 (100)
370,662 160,000 160,000 165,261 120,000 (40,000)
1,418 2,500 2,500 887 2,000 (500)
29,416 28,000 28,000 7,891 24,750 (3,250)
1,494,422 1,028,700 1,028,700 982,035 1,032,450 3,750
167,138 120,000 120,000 39,440 120,000 0
7,628 5,500 5,500 4,162 6,000 500
49,689 35,000 35,000 9,061 35,000 0
52,059 65,000 65,000 47,402 65,000 0
49,366 60,000 60,000 21,851 60,000 0
12,861 15,000 15,000 10,802 15,000 0
704 1,500 1,500 123 1,500 0
8,165 9,000 9,000 0 5,000 (4,000)
CITY OF LA QUINTA GENERAL FUND REVENUE FY 2025/26 PROPOSED BUDGET
4 66
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed
25/26 vs.
Current 24/25
% Change
in Budget
46,053 25,000 25,000 51,663 30,000 5,000 20%101-0000-42709 False Alarm Fees - Police
14,462 5,000 5,000 48,858 10,000 5,000 100%101-0000-42710 False Alarm Fees - Fire
350 - Fines, Forfeitures & Abatements Totals:408,126 341,000 341,000 233,362 347,500 6,500 2%
360 - Use of Money & Property
5,467,129 3,500,000 3,500,000 (200,791) 5,625,000 2,125,000 61%101-0000-41900 Allocated Interest
1,689,908 0 0 0 0 0 0%101-0000-41910 GASB 31 Interest
42,397 40,000 40,000 0 40,000 0 0%101-0000-41930 Interest Revenue
134,402 150,000 150,000 93,865 140,000 (10,000)-7%101-0000-42120 Lease Revenue
360 - Use of Money & Property Totals:7,333,835 3,690,000 3,690,000 (106,926) 5,805,000 2,115,000
57%
416,492 450,000 450,000 370,335 400,000 (50,000)-11%Fees
182,784 50,000 50,000 0 50,000 0 0%
370 - Miscellaneous
101-0000-41410 Zoning Change Mitigation
101-0000-41504 AMR Compliance
135,146 125,000 125,000 70,547 145,000 20,000 16%101-0000-41507 Burrtec Admin Cost Reimb.ursement
1,000 0 0 1,500 0 0 0%101-0000-41920
912 5,000 5,000 1,502 1,000 (4,000)-80%101-0000-42000
0 100 100 15 100 0 0%101-0000-42140 terials
54,882 25,000 25,000 262,755 25,000 0 0%101-0000-42301
207,685 50,000 50,000 77,249 50,000 0 0%101-0000-42305 ents
72,468 40,000 40,000 37,361 40,000 0 0%101-0000-43505
2,227 0 0 0 0 0 0%101-0000-45000
272,644 0 0 0 0 0 0%101-0000-48500
Memorial Tree Revenue
Insurance Recoveries
Sales of Publications & Materials
Miscellaneous Revenue
Miscellaneous Reimbursement
Credit Card Fee Revenue
Sale of Other Assets
Extraordinary Gain
370 - Miscellaneous Totals:1,346,240 745,100 745,100 821,264 711,100 (34,000)-5%
380 - Transfers In
0 0 4,993,504 4,993,504 4,993,504 0 0%101-0000-49500 Transfers In
380 - Transfers In Totals:0 0 4,993,504 4,993,504 4,993,504 0 0%
90,821,769 82,714,300 87,707,804 50,796,191 89,682,254 1,974,450
2%
46,053 25,000 25,000 51,663 30,000 5,000
14,462 5,000 5,000 48,858 10,000 5,000
408,126 341,000 341,000 233,362 347,500 6,500
5,467,129 3,500,000 3,500,000 (200,791) 5,625,000 2,125,000
1,689,908 0 0 0 0 0
42,397 40,000 40,000 0 40,000 0
134,402 150,000 150,000 93,865 140,000 (10,000)
7,333,835 3,690,000 3,690,000 (106,926) 5,805,000 2,115,000
416,492 450,000 450,000 370,335 400,000 (50,000)
182,784 50,000 50,000 0 50,000 0
135,146 125,000 125,000 70,547 145,000 20,000
1,000 0 0 1,500 0 0
912 5,000 5,000 1,502 1,000 (4,000)
0 100 100 15 100 0
54,882 25,000 25,000 262,755 25,000 0
207,685 50,000 50,000 77,249 50,000 0
72,468 40,000 40,000 37,361 40,000 0
2,227 0 0 0 0 0
272,644 0 0 0 0 0
1,346,240 745,100 745,100 821,264 711,100 (34,000)
0 0 4,993,504 4,993,504 4,993,504 0
0 0 4,993,504 4,993,504 4,993,504 0
90,821,769 82,714,300 87,707,804 50,796,191 89,682,254 1,974,450
CITY OF LA QUINTA GENERAL FUND REVENUE FY 2025/26 PROPOSED BUDGET
5 67
Property Tax Revenue 3,700,000
Fund: 101 - GENERAL FUND
101-0000-40310
Property tax estimates are provided by HdL consulting services. Actual valuation
changes due to the annual 2% Proposition 13 increase, as well as transfers of
ownership are included, but completed new construction is not (unless the property
was completed and sold in 2024). The City participates in the Teeter program,
therefore no delinquencies are assumed.
State Sales Tax 11,200,000101-0000-41320
Bradley Burns (local share of state sales tax) is 1% of the current sales tax rate
(8.75%). HdL consulting services budget estimates are factored into projections
along with reviews of industry and economic reports and local trends.
Measure G Sales Tax 14,400,000101-0000-41326
Transaction and use sales tax is 1% of the current sales tax rate (8.75%) and is also
known as Measure G. Online transactions, as well as big-ticket consumer goods
delivered to local addresses drive this number.
TOT - Hotels 8,100,000101-0000-41400
Transient occupancy tax for hotels is 11%. The projected decrease in TOT revenue
is based on current-year trends, reflecting softer demand influenced by broader
economic conditions, including a slowdown in international travel to the Coachella
Valley.
TOT - Short Term Vac. Rentals 4,950,000101-0000-41401
Transient occupancy tax for short-term vacation rentals (STVR) is 10%. Consumer
demand for STVRs remains steady due to valley-wide events, there may be a
potential shift in market conditions.
CITY OF LA QUINTA GENERAL FUND REVENUE NOTES FY 2025/26 PROPOSED BUDGET
6 68
TOT - Bed and Breakfast 100,000101-0000-41402
Transient occupancy tax for bed and breakfast is 10%.
Zoning Change Mitigation Fees 400,000101-0000-41410
Fees are charged based on development agreements, whereby former commercial
property was converted to housing developments and mitigation fees cover lost
revenue from the change in development type.
STVR Registration Fee 900,000101-0000-41415
Short-term vacation rental registration fees are updated annually with the
City's Master Fee Schedule update.
TOT - Resort Fees 315,000101-0000-41416
TOT levied on resort fees which are charged by some hotels. The City provides an
annual incentive rebate program for hotels collecting TOT on resort fees. Rebate
programs are budgeted in Centralized Services.
Franchise Taxes - Burrtec 1,475,000101-0000-41505
Burrtec Franchise Fee is based on an agreement with the City and is adjusted
annually on January 1st per a consumer price index.
Burrtec Admin Cost Reimbursement 145,000101-0000-41507
Base amount of $108,000 adjusted annually on January 1 by the change in the
Consumer Price Index (CPI) and ending on 6/30/2037.
Property Tax in Lieu of VLF 6,250,000101-0000-41800
Property tax in lieu of vehicle license fee (VLF) is derived from the 2004 property tax
swap whereby cities receive property tax allocation in lieu of VLF's. The VLF allocation can
change annually based on the percent increase in property valuations.
CITY OF LA QUINTA GENERAL FUND REVENUE NOTES FY 2025/26 PROPOSED BUDGET
7 69
Allocated Interest 5,625,000101-0000-41900
The City’s current long-term investments, secured at higher interest rates, will
continue to generate increased revenue compared to the prior year’s budget. This
highlights the importance of maintaining a strategic focus on long-term investments
as a key component of the City’s financial stability and resilience.
Wellness Center Memberships 80,000101-0000-42218
The Wellness Center continues to focus on increasing memberships and has
expanded operations to seven days a week.
Fire Plan Review Fee 95,000101-0000-42420
Fire Plan Reviews are conducted in-house by Riverside County Fire Inspectors.
Fire Inspection Fee 80,000101-0000-42421
Fire Inspections are conducted in-house by Riverside County Fire Inspectors.
Appeals - Permits, Licenses, Projects, Bids 3,000101-0000-42440
Appeals for permits, licenses, and violations are captured in this revenue line
item.
Fire Service Credit 12,100,000101-0000-42500
Property tax revenue restricted for fire services.
CITY OF LA QUINTA GENERAL FUND REVENUE NOTES FY 2025/26 PROPOSED BUDGET
8 70
False Alarm Fees - Police 30,000101-0000-42709
False alarm fees are expected to increase due to City's enforcement efforts in
collection of fees for Sheriff's responses to false alarms.
CSA 152 Assessments 250,000101-0000-43633
Annual revenue generated through property tax collection and held by the County
until reimbursements for qualified expenditures are submitted by the City.
Contributions from Other Agencies 3,000101-0000-43650
The approved Last and Final Recognized Obligation Payment Schedule (ROPS) includes
an annual administrative fee reimbursement for the City to perform the wind down
activities associated with the former Redevelopment Agency.
Transfers In 4,993,504101-0000-49500
Transfer in from Disaster Recovery Fund for police services
CITY OF LA QUINTA GENERAL FUND REVENUE NOTES FY 2025/26 PROPOSED BUDGET
9 71
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
1001 - City Council
50 - Salaries and Benefits
144,776 144,000 144,000 115,532 144,000 0 0%101-1001-50108 Salaries - Council Members
2,414 2,400 2,400 1,886 2,400 0 0%101-1001-50150 Other Compensation
10,716 10,900 10,900 8,594 10,900 0 0%101-1001-50200 PERS-City Portion
81,130 109,100 109,100 69,177 109,100 0 0%101-1001-50221 Medical Insurance
633 0 0 524 0 0 0%101-1001-50222 Vision Insurance
2,175 0 0 1,730 0 0 0%101-1001-50223 Dental Insurance
330 0 0 271 0 0 0%101-1001-50224 Life Insurance
0 0 0 0 1,000 1,000 0%101-1001-50225 Long Term Disability
23,900 23,900 23,900 11,950 24,100 200 1%101-1001-50230 Workers Comp Insurance
2,099 5,600 5,600 1,675 5,600 0 0%101-1001-50240 Social Security-Medicare
3,441 0 0 2,746 0 0 0%101-1001-50241 Social Security-FICA
50 - Salaries and Benefits Totals:271,614 295,900 295,900 214,085 297,100 1,200 0%
62 - Maintenance & Operations
14,346 20,000 20,000 15,306 20,000 0 0%101-1001-60137 Community Special Events
28,934 30,000 30,000 22,617 30,000 0 0%101-1001-60320 Travel & Training
272 500 500 397 1,000 500 100%101-1001-60420 Operating Supplies
2,840 0 0 0 0 0 0%101-1001-60510 Contingency
62 - Maintenance & Operations Totals:46,392 50,500 50,500 38,320 51,000 500 1%
1001 - City Council Totals:318,006 346,400 346,400 252,406 348,100 1,700 0%
144,776 144,000 144,000 115,532 144,000 0
2,414 2,400 2,400 1,886 2,400 0
10,716 10,900 10,900 8,594 10,900 0
81,130 109,100 109,100 69,177 109,100 0
633 0 0 524 0 0
2,175 0 0 1,730 0 0
330 0 0 271 0 0
0 0 0 0 1,000 1,000
23,900 23,900 23,900 11,950 24,100 200
2,099 5,600 5,600 1,675 5,600 0
3,441 0 0 2,746 0 0
271,614 295,900 295,900 214,085 297,100 1,200
14,346 20,000 20,000 15,306 20,000 0
28,934 30,000 30,000 22,617 30,000 0
272 500 500 397 1,000 500
2,840 0 0 0 0 0
46,392 50,500 50,500 38,320 51,000 500
318,006 346,400 346,400 252,406 348,100 1,700
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
10 72
Department : 1001 - City Council
Community Special Events 20,000.00101-1001-60137
Annual City open house
State of the City
Travel & Training 30,000.00101-1001-60320
League of CA Cities- Annual conference, legislative action days,
and other trainings.
Council meeting expenses
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
11 73
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
1002 - City Manager
50 - Salaries and Benefits
526,839 618,300 618,300 584,456 703,200 84,900 14%101-1002-50101 Permanent Full Time
14 0 0 28 0 0 0%101-1002-50105 Salaries - Overtime
869 900 900 679 900 0 0%101-1002-50150 Other Compensation
43,200 57,700 57,700 50,056 63,400 5,700 10%101-1002-50200 PERS-City Portion
12,105 29,200 29,200 29,402 30,800 1,600 5%101-1002-50215 Other Fringe Benefits
77,539 125,500 125,500 90,633 141,800 16,300 13%101-1002-50221 Medical Insurance
649 0 0 792 0 0 0%101-1002-50222 Vision Insurance
3,995 0 0 4,586 0 0 0%101-1002-50223 Dental Insurance
248 0 0 283 0 0 0%101-1002-50224 Life Insurance
2,918 3,900 3,900 3,401 4,500 600 15%101-1002-50225 Long Term Disability
23,900 23,900 23,900 11,950 24,100 200 1%101-1002-50230 Workers Comp Insurance
8,127 9,000 9,000 8,851 15,700 6,700 74%101-1002-50240 Social Security-Medicare
2,083 0 0 1,610 0 0 0%101-1002-50241 Social Security-FICA
33,593 35,000 35,000 25,960 71,300 36,300 104%101-1002-50251 Temporary
50 - Salaries and Benefits Totals:736,079 903,400 903,400 812,687 1,055,700 152,300 17%
60 - Contract Services
104,000 125,000 125,000 59,500 105,000 (20,000)-16%101-1002-60101 Contract Services - Administrative
4,157 45,000 45,000 28,347 40,000 (5,000)-11%101-1002-60103 Professional Services
60 - Contract Services Totals:108,157 170,000 170,000 87,847 145,000 (25,000)-15%
62 - Maintenance & Operations
3,398 10,000 10,000 7,098 10,000 0 0%101-1002-60320 Travel & Training
106,819 105,000 105,000 108,277 125,000 20,000 19%101-1002-60351 Membership Dues
850 2,000 2,000 0 2,000 0 0%101-1002-60352 Subscriptions & Publications
1,938 1,500 1,500 1,008 2,000 500 33%101-1002-60400 Office Supplies
62 - Maintenance & Operations Totals:113,005 118,500 118,500 116,383 139,000 20,500 17%
64 - Other Expenses
11,890 300,000 300,000 3,642,890 300,000 0 0%101-1002-60510 Contingency for Operations
64 - Other Expenses Totals:11,890 300,000 300,000 3,642,890 300,000 0 0%
69 - Internal Service Charges
149,200 149,200 149,200 74,600 150,100 900 1%101-1002-98110 Information Tech Charges
69 - Internal Service Charges Totals:149,200 149,200 149,200 74,600 150,100 900 1%
1002 - City Manager Totals:1,118,332 1,641,100 1,641,100 4,734,408 1,789,800 148,700 9%
526,839 618,300 618,300 584,456 703,200 84,900
14 0 0 28 0 0
869 900 900 679 900 0
43,200 57,700 57,700 50,056 63,400 5,700
12,105 29,200 29,200 29,402 30,800 1,600
77,539 125,500 125,500 90,633 141,800 16,300
649 0 0 792 0 0
3,995 0 0 4,586 0 0
248 0 0 283 0 0
2,918 3,900 3,900 3,401 4,500 600
23,900 23,900 23,900 11,950 24,100 200
8,127 9,000 9,000 8,851 15,700 6,700
2,083 0 0 1,610 0 0
33,593 35,000 35,000 25,960 71,300 36,300
736,079 903,400 903,400 812,687 1,055,700 152,300
104,000 125,000 125,000 59,500 105,000 (20,000)
4,157 45,000 45,000 28,347 40,000 (5,000)
108,157 170,000 170,000 87,847 145,000 (25,000)
3,398 10,000 10,000 7,098 10,000 0
106,819 105,000 105,000 108,277 125,000 20,000
850 2,000 2,000 0 2,000 0
1,938 1,500 1,500 1,008 2,000 500
113,005 118,500 118,500 116,383 139,000 20,500
11,890 300,000 300,000 3,642,890 300,000 0
11,890 300,000 300,000 3,642,890 300,000 0
149,200 149,200 149,200 74,600 150,100 900
149,200 149,200 149,200 74,600 150,100 900
1,118,332 1,641,100 1,641,100 4,734,408 1,789,800 148,700
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
12 74
Department : 1002 - City Manager
Permanent Full Time 703,200.00101-1002-50101
80% - City Manager (20% Housing Fund)
60% - Director- Business Unit/Housing Development (40%
Housing Fund)
100% - Executive Specialist
100% - Marketing & Communications Specialist
60% - Management Specialist (40% Housing Fund)
100% - Senior Code Compliance Officer
20% - Administrative Technician (80% Housing Fund)
Contract Services - Administra 105,000.00101-1002-60101
Legislative lobbying services
Economic development services
Professional Services 40,000.00101-1002-60103
Title and appraisal services and property surveys
Waste management for special events
Travel & Training 10,000.00101-1002-60320
League of California Cities (LCC)
Regional meetings & miscellaneous training such as:
Coachella Valley Association of Governments (CVAG),
California Cities/Counties Mgmt Foundation (CCMF), and
Southern CA Association of Governments (SCAG)
Other miscellaneous training and conferences
Membership Dues 125,000.00101-1002-60351
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
International City/County Mgmt Association (ICMA)
League of CA Cities (LCC) - Riverside
California Cities/Counties Mgmt Foundation (CCMF)
Coachella Valley Association of Governments (CVAG)
National League of Cities (NLC)
Southern CA Association of Governments (SCAG)
Municipal Management Association of Southern CA (MMASC)
Subscriptions & Publications 2,000.00101-1002-60352
Property analysis and grant solutions 13 75
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
1004 - Human Resources
50 - Salaries and Benefits
179,538 265,100 265,100 232,676 289,900 24,800 9%101-1004-50101 Permanent Full Time
13,267 20,900 20,900 18,055 28,000 7,100 34%101-1004-50200 PERS-City Portion
2,614 3,900 3,900 3,092 3,900 0 0%101-1004-50215 Other Fringe Benefits
31,361 82,000 82,000 47,899 84,900 2,900 4%101-1004-50221 Medical Insurance
464 0 0 643 0 0 0%101-1004-50222 Vision Insurance
2,851 0 0 3,760 0 0 0%101-1004-50223 Dental Insurance
133 0 0 162 0 0 0%101-1004-50224 Life Insurance
1,088 1,700 1,700 1,547 1,900 200 12%101-1004-50225 Long Term Disability
14,300 14,300 14,300 7,150 14,600 300 2%101-1004-50230 Workers Comp Insurance
2,894 3,900 3,900 3,578 5,100 1,200 31%101-1004-50240 Social Security-Medicare
1,058 0 0 0 0 0 0%101-1004-50241 Social Security-FICA
17,059 50,000 50,000 11,704 60,900 10,900 22%101-1004-50251 Temporary
13,584 18,000 18,000 6,010 18,000 0 0%101-1004-50252 Annual Wellness Dollar Reimbursement
50 - Salaries and Benefits Totals:280,210 459,800 459,800 336,276 507,200 47,400 10%
60 - Contract Services
409 34,500 34,500 975 34,500 0 0%101-1004-60103 Professional Services
59,682 45,000 45,000 21,246 20,000 (25,000)-56%101-1004-60104 Consultants/Employee Services
19,765 0 0 91,844 0 0 0%101-1004-60125 Temporary Agency Services
60 - Contract Services Totals:79,857 79,500 79,500 114,064 54,500 (25,000)-31%
62 - Maintenance & Operations
3,932 15,000 15,000 6,073 50,000 35,000 233%101-1004-60129 Recruiting/Pre-Employment
13,797 10,000 10,000 217 10,000 0 0%101-1004-60320 Travel & Training
6,622 52,000 52,000 1,617 52,500 500 1%101-1004-60322 Training & Education/MOU
19,860 30,000 30,000 27,424 35,000 5,000 17%101-1004-60340 Employee Recognition Events
6,375 10,000 10,000 6,909 8,000 (2,000)-20%101-1004-60351 Membership Dues
702 1,500 1,500 734 1,500 0 0%101-1004-60352 Subscriptions & Publications
344 500 500 372 500 0 0%101-1004-60400 Office Supplies
321 1,000 1,000 412 1,000 0 0%101-1004-60420 Operating Supplies
62 - Maintenance & Operations Totals:51,952 120,000 120,000 43,757 158,500 38,500 32%
69 - Internal Service Charges
86,600 86,600 86,600 43,300 86,900 300 0%101-1004-98110 Information Tech Charges
69 - Internal Service Charges Totals:86,600 86,600 86,600 43,300 86,900 300 0%
1004 - Human Resources Totals:498,619 745,900 745,900 537,398 807,100 61,200 8%
179,538 265,100 265,100 232,676 289,900 24,800
13,267 20,900 20,900 18,055 28,000 7,100
2,614 3,900 3,900 3,092 3,900 0
31,361 82,000 82,000 47,899 84,900 2,900
464 0 0 643 0 0
2,851 0 0 3,760 0 0
133 0 0 162 0 0
1,088 1,700 1,700 1,547 1,900 200
14,300 14,300 14,300 7,150 14,600 300
2,894 3,900 3,900 3,578 5,100 1,200
1,058 0 0 0 0 0
17,059 50,000 50,000 11,704 60,900 10,900
13,584 18,000 18,000 6,010 18,000 0
280,210 459,800 459,800 336,276 507,200 47,400
409 34,500 34,500 975 34,500 0
59,682 45,000 45,000 21,246 20,000 (25,000)
19,765 0 0 91,844 0 0
79,857 79,500 79,500 114,064 54,500 (25,000)
3,932 15,000 15,000 6,073 50,000 35,000
13,797 10,000 10,000 217 10,000 0
6,622 52,000 52,000 1,617 52,500 500
19,860 30,000 30,000 27,424 35,000 5,000
6,375 10,000 10,000 6,909 8,000 (2,000)
702 1,500 1,500 734 1,500 0
344 500 500 372 500 0
321 1,000 1,000 412 1,000 0
51,952 120,000 120,000 43,757 158,500 38,500
86,600 86,600 86,600 43,300 86,900 300
86,600 86,600 86,600 43,300 86,900 300
498,619 745,900 745,900 537,398 807,100 61,200
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
14 76
Department : 1004 - Human Resources
Permanent Full Time 289,900.00101-1004-50101
100% - Human Resources Deputy Director
100% - Human Resources Technician (2)
Professional Services 34,500.00101-1004-60103
Citywide employee development programs
Consultants/Employee Service 20,000.00101-1004-60104
CalPERS- Monthly medical premium and administration fees
TAG/AMS DOT random screenings
DMV medical exams (Class B)
Bilingual testing
Recruiting/Pre-Employment 50,000.00101-1004-60129
Interview panel costs
Fingerprinting
Physicals and drug screenings
Background checks
Travel & Training 10,000.00101-1004-60320
Liebert Cassidy Whitmore (LCW)- law & labor relations
Educational forums and miscellaneous training
Membership Dues 8,000.00101-1004-60351
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
Society of HR Management (SHRM)
Professionals in HR Association (PIHRA)
International Public Management Association for HR (IPMA-HR),
World at Work (WOW)
CV Employment Relations Consortium (LCW)
CA Public Employers Labor Relations Assoc. (CalPELRA)
Subscriptions & Publications 1,500.00101-1004-60352
Labor law compliance posters 15 77
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
3007 - Marketing & Community Relations
50 - Salaries and Benefits
192,617 216,600 216,600 174,510 218,100 1,500 1%101-3007-50101 Permanent Full Time
14,362 17,100 17,100 13,352 17,400 300 2%101-3007-50200 PERS-City Portion
1,307 2,600 2,600 1,043 2,600 0 0%101-3007-50215 Other Fringe Benefits
47,029 54,600 54,600 45,242 54,600 0 0%101-3007-50221 Medical Insurance
411 0 0 384 0 0 0%101-3007-50222 Vision Insurance
2,911 0 0 2,552 0 0 0%101-3007-50223 Dental Insurance
122 0 0 109 0 0 0%101-3007-50224 Life Insurance
1,176 1,400 1,400 1,158 1,400 0 0%101-3007-50225 Long Term Disability
5,800 5,800 5,800 2,900 6,100 300 5%101-3007-50230 Workers Comp Insurance
2,793 3,200 3,200 2,531 3,200 0 0%101-3007-50240 Social Security-Medicare
50 - Salaries and Benefits Totals:268,528 301,300 301,300 243,782 303,400 2,100 1%
60 - Contract Services
61,470 90,000 90,000 42,377 90,000 0 0%101-3007-60134 Promotional Items
17,900 10,000 10,000 17,225 10,000 0 0%101-3007-60137 Community Engagement
440,544 395,000 395,000 379,472 345,240 (49,760)-13%101-3007-60151 VGPS - Visit Greater Palm Springs
60 - Contract Services Totals:519,914 495,000 495,000 439,075 445,240 (49,760)-10%
62 - Maintenance & Operations
17,129 15,000 15,000 8,874 15,000 0 0%101-3007-60320 Travel & Training
13,288 10,000 10,000 8,750 10,000 0 0%101-3007-60351 Membership Dues
8,838 30,000 30,000 11,859 20,000 (10,000)-33%101-3007-60410 Printing
1,378 1,600 1,600 1,572 2,000 400 25%101-3007-60420 Operating Supplies
72,506 75,000 75,000 89,150 110,000 35,000 47%101-3007-60450 Sponsorships/Advertising
914,400 970,000 970,000 593,440 970,000 0 0%101-3007-60461 Marketing & Tourism Promotions
62 - Maintenance & Operations Totals:1,027,539 1,101,600 1,101,600 713,644 1,127,000 25,400 2%
69 - Internal Service Charges
34,700 34,700 34,700 17,350 35,100 400 1%101-3007-98110 Information Tech Charges
69 - Internal Service Charges Totals:34,700 34,700 34,700 17,350 35,100 400 1%
3007 - Marketing & Community Relations Totals:1,850,681 1,932,600 1,932,600 1,413,851 1,910,740 (21,860)-1%
192,617 216,600 216,600 174,510 218,100 1,500
14,362 17,100 17,100 13,352 17,400 300
1,307 2,600 2,600 1,043 2,600 0
47,029 54,600 54,600 45,242 54,600 0
411 0 0 384 0 0
2,911 0 0 2,552 0 0
122 0 0 109 0 0
1,176 1,400 1,400 1,158 1,400 0
5,800 5,800 5,800 2,900 6,100 300
2,793 3,200 3,200 2,531 3,200 0
268,528 301,300 301,300 243,782 303,400 2,100
61,470 90,000 90,000 42,377 90,000 0
17,900 10,000 10,000 17,225 10,000 0
440,544 395,000 395,000 379,472 345,240 (49,760)
519,914 495,000 495,000 439,075 445,240 (49,760)
17,129 15,000 15,000 8,874 15,000 0
13,288 10,000 10,000 8,750 10,000 0
8,838 30,000 30,000 11,859 20,000 (10,000)
1,378 1,600 1,600 1,572 2,000 400
72,506 75,000 75,000 89,150 110,000 35,000
914,400 970,000 970,000 593,440 970,000 0
1,027,539 1,101,600 1,101,600 713,644 1,127,000 25,400
34,700 34,700 34,700 17,350 35,100 400
34,700 34,700 34,700 17,350 35,100 400
1,850,681 1,932,600 1,932,600 1,413,851 1,910,740 (21,860)
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
16 78
Department : 3007 - Marketing & Community Relations
Permanent Full Time 218,100.00101-3007-50101
100% - Marketing Manager
100% - Marketing & Communications Specialist
Promotional Items 90,000.00101-3007-60134
For community engagement, special events, staff uniforms and
other promotional items
Community Engagement 10,000.00101-3007-60137
Community workshop and City events
VGPS - Visit Greater Palm Spri 345,240.00101-3007-60151
Payment of transient occupancy tax (TOT) to Visit Greater Palm
Springs (VGPS) for a percentage all TOT revenue collected to
jointly encourage, promote, and attract visitors to the
Coachella Valley.
.0015 of gross rental revenue for non-convention TOT
.0035 of gross rental revenue for convention TOT
Travel & Training 15,000.00101-3007-60320
Visit CA - travel destination conference
CalTravel - travel destination conference
Membership Dues 10,000.00101-3007-60351
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
Coachella Valley Economic Partnership (CVEP), CA Association
of Public Information Officers (CAPIO), Cal Travel, Public
Relations Society of America (PRSA), Mail Chimp, and Ragan
Communications
17 79
Printing 20,000.00101-3007-60410
Citywide business cards,brochures, mailers, postacards, event
signs, and banners
Sponsorships/Advertising 110,000.00101-3007-60450
Various sponsorships including CVEP Summit, Modernism Week, National
Date Festival, Palms Springs Air Museum, Palm Springs International Film
Festival, and Desert International Horse Park
Marketing & Tourism Promotio 970,000.00101-3007-60461
Chamber of Commerce contract including the Gem monthly publication
Photography, video, commercials, music licensing
Marketing Contracts/Efforts including tourism, community outreach, and
economic development
Palm Springs Life Vision
State of the City
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
18 80
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
1003 - City Attorney
60 - Contract Services
476,943 650,000 650,000 202,888 450,000 (200,000)-31%101-1003-60153 Attorney
187,312 150,000 150,000 641,980 650,000 500,000 333%101-1003-60154 Attorney/Litigation
60 - Contract Services Totals:664,255 800,000 800,000 844,869 1,100,000 300,000 38%
1003 - City Attorney Totals:664,255 800,000 800,000 844,869 1,100,000 300,000 38%
476,943 650,000 650,000 202,888 450,000 (200,000)
187,312 150,000 150,000 641,980 650,000 500,000
664,255 800,000 800,000 844,869 1,100,000 300,000
664,255 800,000 800,000 844,869 1,100,000 300,000
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
19 81
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
1005 - City Clerk
50 - Salaries and Benefits
482,820 524,900 524,900 334,456 537,000 12,100 2%101-1005-50101 Permanent Full Time
0 5,000 5,000 0 5,000 0 0%101-1005-50105 Salaries - Overtime
777 500 500 397 500 0 0%101-1005-50150 Other Compensation
45,724 51,600 51,600 34,133 63,900 12,300 24%101-1005-50200 PERS-City Portion
7,211 7,670 7,670 4,254 7,670 0 0%101-1005-50215 Other Fringe Benefits
103,087 160,900 160,900 71,792 160,900 0 0%101-1005-50221 Medical Insurance
905 0 0 583 0 0 0%101-1005-50222 Vision Insurance
4,234 0 0 3,322 0 0 0%101-1005-50223 Dental Insurance
7,875 0 0 212 0 0 0%101-1005-50224 Life Insurance
2,922 3,400 3,400 2,052 3,400 0 0%101-1005-50225 Long Term Disability
28,100 28,100 28,100 14,050 28,500 400 1%101-1005-50230 Workers Comp Insurance
7,336 7,600 7,600 5,763 9,800 2,200 29%101-1005-50240 Social Security-Medicare
907 0 0 2,774 0 0 0%101-1005-50241 Social Security-FICA
20,087 15,000 15,000 62,398 135,800 120,800 805%101-1005-50251 Temporary
50 - Salaries and Benefits Totals:711,986 804,670 804,670 536,185 952,470 147,800 18%
60 - Contract Services
126,996 365,000 365,000 219,873 215,000 (150,000)-41%101-1005-60103 Professional Services
0 25,000 25,000 0 0 (25,000)-100%101-1005-60125 Temporary Agency Services
60 - Contract Services Totals:126,996 390,000 390,000 219,873 215,000 (175,000)-45%
62 - Maintenance & Operations
6,183 15,000 15,000 2,150 15,000 0 0%101-1005-60320 Travel & Training
1,671 3,000 3,000 2,620 3,500 500 17%101-1005-60351 Membership Dues
3,635 3,500 3,500 2,057 5,000 1,500 43%101-1005-60400 Office Supplies
7,201 10,000 10,000 7,554 10,000 0 0%101-1005-60410 Printing
1,781 2,000 2,000 1,251 2,000 0 0%101-1005-60420 Operating Supplies
3,169 8,000 8,000 4,343 5,000 (3,000)-38%101-1005-60450 Advertising
62 - Maintenance & Operations Totals:23,640 41,500 41,500 19,976 40,500 (1,000)-2%
69 - Internal Service Charges
170,400 170,400 170,400 85,200 171,000 600 0%101-1005-98110 Information Tech Charges
69 - Internal Service Charges Totals:170,400 170,400 170,400 85,200 171,000 600 0%
1005 - City Clerk Totals:1,033,021 1,406,570 1,406,570 861,234 1,378,970 (27,600)-2%
482,820 524,900 524,900 334,456 537,000 12,100
0 5,000 5,000 0 5,000 0
777 500 500 397 500 0
45,724 51,600 51,600 34,133 63,900 12,300
7,211 7,670 7,670 4,254 7,670 0
103,087 160,900 160,900 71,792 160,900 0
905 0 0 583 0 0
4,234 0 0 3,322 0 0
7,875 0 0 212 0 0
2,922 3,400 3,400 2,052 3,400 0
28,100 28,100 28,100 14,050 28,500 400
7,336 7,600 7,600 5,763 9,800 2,200
907 0 0 2,774 0 0
20,087 15,000 15,000 62,398 135,800 120,800
711,986 804,670 804,670 536,185 952,470 147,800
126,996 365,000 365,000 219,873 215,000 (150,000)
0 25,000 25,000 0 0 (25,000)
126,996 390,000 390,000 219,873 215,000 (175,000)
6,183 15,000 15,000 2,150 15,000 0
1,671 3,000 3,000 2,620 3,500 500
3,635 3,500 3,500 2,057 5,000 1,500
7,201 10,000 10,000 7,554 10,000 0
1,781 2,000 2,000 1,251 2,000 0
3,169 8,000 8,000 4,343 5,000 (3,000)
23,640 41,500 41,500 19,976 40,500 (1,000)
170,400 170,400 170,400 85,200 171,000 600
170,400 170,400 170,400 85,200 171,000 600
1,033,021 1,406,570 1,406,570 861,234 1,378,970 (27,600)
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
20 82
Department : 1005 - City Clerk
Permanent Full Time 537,000.00101-1005-50101
90% - City Clerk Director (10% Housing)
100% - Deputy City Clerk
100% - Management Specialist
100% - RecordsTechnician (3)
Professional Services 215,000.00101-1005-60103
Municipal Code text and online updates
Imaging scanning services
For The Record tech support (DSS Corp)
DigiCert electronic signatures
Ctiywide fee study updates
Insurance compliance
Records legislation, requirements, minute writing services, and
retention updates
STVR Programming Compliance, Analytics & Permitting Software
Travel & Training 15,000.00101-1005-60320
CA City Clerks Association annual conference & seminars
Municipal Clerks certifications and training
Membership Dues 3,500.00101-1005-60351
California City Clerks Association (CCAC)
National Notary Association Errors and Omission insurance
(E&O)
Advertising 5,000.00101-1005-60450
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
Public hearing notices, Commission and Board vacancies
21 83
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
312,584 140,000 140,000 62,285 151,000 11,000 8%
2,100 6,300 6,300 1,050 6,300 0 0%
386 0 0 14 0 0 0%
27,369 27,500 27,500 7,922 16,100 (11,400)-41%
3,660 1,600 1,600 517 1,600 0 0%
57,834 100,400 100,400 6,924 32,800 (67,600)-67%
565 0 0 36 0 0 0%
2,387 0 0 217 0 0 0%
186 0 0 27 0 0 0%
1,921 900 900 393 1,000 100 11%
20,000 20,000 20,000 10,000 21,300 1,300 7%
4,563 2,100 2,100 918 2,200 100 5%
130 0 0 65 0 0 0%
3001 - Community Services Administration
50 - Salaries and Benefits
101-3001-50101 Permanent Full Time
101-3001-50110 Commissions & Boards
101-3001-50150 Other Compensation
101-3001-50200 PERS-City Portion
101-3001-50215 Other Fringe Benefits
101-3001-50221 Medical Insurance
101-3001-50222 Vision Insurance
101-3001-50223 Dental Insurance
101-3001-50224 Life Insurance
101-3001-50225 Long Term Disability
101-3001-50230 Workers Comp Insurance
101-3001-50240 Social Security-Medicare
101-3001-50241 Social Security-FICA
50 - Salaries and Benefits Totals:433,685 298,800 298,800 90,369 232,300 (66,500)-22%
60 - Contract Services
25,000 25,000 25,000 25,000 25,000 0 0%101-3001-60101 Contract Services
7,122 7,000 7,000 5,964 1,000 (6,000)-86%101-3001-60122 Credit Card Fees
40,000 60,000 60,000 40,000 60,000 0 0%101-3001-60135 Boys & Girls Club
60 - Contract Services Totals:72,122 92,000 92,000 70,964 86,000 (6,000)-7%
62 - Maintenance & Operations
0 3,000 3,000 0 3,000 0 0%101-3001-60157 Rent Expense
0 4,000 4,000 0 4,000 0 0%101-3001-60320 Travel & Training
0 1,000 1,000 555 1,000 0 0%101-3001-60351 Membership Dues
1,979 3,300 3,300 429 3,500 200 6%101-3001-60400 Office Supplies
296,950 175,000 175,000 120,000 175,000 0 0%101-3001-60510 Grants & Economic Development/Marketing
0 15,000 15,000 0 0 (15,000)-100%101-3001-60527 2-1-1 Hotline
3,000 3,000 3,000 3,000 3,000 0 0%101-3001-60531 Homeless Bus Passes
50,000 0 0 0 0 0 0%101-3001-60532 Homelessness Assistance
62 - Maintenance & Operations Totals:351,929 204,300 204,300 123,984 189,500 (14,800)-7%
69 - Internal Service Charges
121,300 121,300 121,300 60,650 121,700 400 0%101-3001-98110 Information Tech Charges
69 - Internal Service Charges Totals:121,300 121,300 121,300 60,650 121,700 400 0%
3001 - Community Services Administration Totals:979,036 716,400 716,400 345,967 629,500 (86,900)-12%
312,584 140,000 140,000 62,285 151,000 11,000
2,100 6,300 6,300 1,050 6,300 0
386 0 0 14 0 0
27,369 27,500 27,500 7,922 16,100 (11,400)
3,660 1,600 1,600 517 1,600 0
57,834 100,400 100,400 6,924 32,800 (67,600)
565 0 0 36 0 0
2,387 0 0 217 0 0
186 0 0 27 0 0
1,921 900 900 393 1,000 100
20,000 20,000 20,000 10,000 21,300 1,300
4,563 2,100 2,100 918 2,200 100
130 0 0 65 0 0
433,685 298,800 298,800 90,369 232,300 (66,500)
25,000 25,000 25,000 25,000 25,000 0
7,122 7,000 7,000 5,964 1,000 (6,000)
40,000 60,000 60,000 40,000 60,000 0
72,122 92,000 92,000 70,964 86,000 (6,000)
0 3,000 3,000 0 3,000 0
0 4,000 4,000 0 4,000 0
0 1,000 1,000 555 1,000 0
1,979 3,300 3,300 429 3,500 200
296,950 175,000 175,000 120,000 175,000 0
0 15,000 15,000 0 0 (15,000)
3,000 3,000 3,000 3,000 3,000 0
50,000 0 0 0 0 0
351,929 204,300 204,300 123,984 189,500 (14,800)
121,300 121,300 121,300 60,650 121,700 400
121,300 121,300 121,300 60,650 121,700 400
979,036 716,400 716,400 345,967 629,500 (86,900)
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
22 84
Department : 3001 - Community Services Administration
Permanent Full Time 151,000.00101-3001-50101
40% - Community Services Deputy Director (40% Wellness
Center, 20% Library & Museum Fund)
80% - Sr. Management Analyst (20% Library & Museum Fund)
Contract Services 25,000.00101-3001-60101
Old Towne Artisan Studio wellness west partnership
Rent Expense 3,000.00101-3001-60157
DSUSD Facility Use rental
Travel & Training 4,000.00101-3001-60320
Leadership training
Membership Dues 1,000.00101-3001-60351
Engaging Local Government Leaders (ELGL)
International City/County Management Association (ICMA)
Americans for the Arts
California Parks & Recreation Society (CPRS)
National Recreation & Park Association NRPA
Grants & Economic Developme 175,000.00101-3001-60510
$100,000 for Community Services Grants are administered per
City Policy and selected via a Grant Ad Hoc Committee.
$75,000 for food distribution and other social service programs
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
23 85
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
3002 - Wellness Center Operations
50 - Salaries and Benefits
271,002 233,300 233,300 199,725 247,000 13,700 6%101-3002-50101 Permanent Full Time
141,098 82,500 82,500 90,968 94,950 12,450 15%101-3002-50102 Salaries - Part Time
480 5,000 5,000 3,741 5,000 0 0%101-3002-50105 Salaries - Overtime
966 1,000 1,000 754 1,000 0 0%101-3002-50150 Other Compensation
35,330 27,900 27,900 25,707 29,800 1,900 7%101-3002-50200 PERS-City Portion
4,187 3,200 3,200 2,503 3,200 0 0%101-3002-50215 Other Fringe Benefits
59,729 65,500 65,500 32,324 41,200 (24,300)-37%101-3002-50221 Medical Insurance
846 0 0 475 0 0 0%101-3002-50222 Vision Insurance
4,832 0 0 2,554 0 0 0%101-3002-50223 Dental Insurance
212 0 0 131 0 0 0%101-3002-50224 Life Insurance
1,669 1,500 1,500 1,367 1,600 100 7%101-3002-50225 Long Term Disability
16,200 16,200 16,200 8,100 16,500 300 2%101-3002-50230 Workers Comp Insurance
6,027 3,400 3,400 4,304 3,600 200 6%101-3002-50240 Social Security-Medicare
4,213 0 0 3,754 0 0 0%101-3002-50241 Social Security-FICA
53 0 0 0 0 0 0%101-3002-50251 Temporary
50 - Salaries and Benefits Totals:546,845 439,500 439,500 376,408 443,850 4,350 1%
60 - Contract Services
0 5,000 5,000 0 5,000 0 0%101-3002-60103 Professional Services
37,798 30,000 30,000 26,912 36,000 6,000 20%101-3002-60107 Instructors
4,000 1,000 1,000 4,000 4,000 3,000 300%101-3002-60108 Technical
60 - Contract Services Totals:41,798 36,000 36,000 30,912 45,000 9,000 25%
62 - Maintenance & Operations
0 3,000 3,000 0 3,000 0 0%101-3002-60157 Rental Expense
31 1,000 1,000 0 5,000 4,000 400%101-3002-60320 Travel & Training
1,046 5,000 5,000 370 2,000 (3,000)-60%101-3002-60351 Membership Dues
437 2,400 2,400 435 2,500 100 4%101-3002-60352 Subscriptions & Publications
615 3,000 3,000 461 3,500 500 17%101-3002-60400 Office Supplies
34,137 50,000 50,000 20,897 40,000 (10,000)-20%101-3002-60420 Operating Supplies
0 1,000 1,000 0 1,000 0 0%101-3002-60432 Tools/Equipment
62 - Maintenance & Operations Totals:36,267 65,400 65,400 22,162 57,000 (8,400)-13%
68 - Capital Expenses
120,432 25,000 25,000 0 20,000 (5,000)-20%101-3002-80101 Machinery & Equipment
68 - Capital Expenses Totals:120,432 25,000 25,000 0 20,000 (5,000)-20%
69 - Internal Service Charges
98,200 98,200 98,200 49,100 99,500 1,300 1%101-3002-98110 Information Tech Charges
19,500 19,500 19,500 9,750 20,700 1,200 6%101-3002-98140 Facility & Fleet Maintenance
69 - Internal Service Charges Totals:117,700 117,700 117,700 58,850 120,200 2,500 2%
3002 - Wellness Center Operations Totals:863,041 683,600 683,600 488,333 686,050 2,450 0%
271,002 233,300 233,300 199,725 247,000 13,700
141,098 82,500 82,500 90,968 94,950 12,450
480 5,000 5,000 3,741 5,000 0
966 1,000 1,000 754 1,000 0
35,330 27,900 27,900 25,707 29,800 1,900
4,187 3,200 3,200 2,503 3,200 0
59,729 65,500 65,500 32,324 41,200 (24,300)
846 0 0 475 0 0
4,832 0 0 2,554 0 0
212 0 0 131 0 0
1,669 1,500 1,500 1,367 1,600 100
16,200 16,200 16,200 8,100 16,500 300
6,027 3,400 3,400 4,304 3,600 200
4,213 0 0 3,754 0 0
53 0 0 0 0 0
546,845 439,500 439,500 376,408 443,850 4,350
0 5,000 5,000 0 5,000 0
37,798 30,000 30,000 26,912 36,000 6,000
4,000 1,000 1,000 4,000 4,000 3,000
41,798 36,000 36,000 30,912 45,000 9,000
0 3,000 3,000 0 3,000 0
31 1,000 1,000 0 5,000 4,000
1,046 5,000 5,000 370 2,000 (3,000)
437 2,400 2,400 435 2,500 100
615 3,000 3,000 461 3,500 500
34,137 50,000 50,000 20,897 40,000 (10,000)
0 1,000 1,000 0 1,000 0
36,267 65,400 65,400 22,162 57,000 (8,400)
120,432 25,000 25,000 0 20,000 (5,000)
120,432 25,000 25,000 0 20,000 (5,000)
98,200 98,200 98,200 49,100 99,500 1,300
19,500 19,500 19,500 9,750 20,700 1,200
117,700 117,700 117,700 58,850 120,200 2,500
863,041 683,600 683,600 488,333 686,050 2,450
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
24 86
Department : 3002 - Wellness Center Operations
Permanent Full Time 247,000.00101-3002-50101
40% - Community Services Deputy Director (40% Community
Services Administration, 20% Library & Museum Fund)
100% - Sr. Community Services Specialist
100% - Community Services Specialist
Salaries - Part Time 94,950.00101-3002-50102
50% Senior Recreation Leader (50% Recreation Programs &
Special Events)
50% Recreation Leader (6) (50% Recreation Programs &
Special Events)
Professional Services 5,000.00101-3002-60103
Retired senior volunteer program, annual volunteer
sponsorships to Watercolors of La Quinta, Boys & Girls Club of
La Quinta, and the California Highway Patrol
Instructors 36,000.00101-3002-60107
Instructors for fitness classes and programming
Technical 4,000.00101-3002-60108
Annual sponsorship for the Riverside County Senior Inspiration
Awards
Rental Expense 3,000.00101-3002-60157
General insurances and security guards for facility rentals
Travel & Training 5,000.00101-3002-60320
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
Park and recreational activity program training and certification
25 87
101-3002-60351 Membership Dues 2,000.00
National Council on Aging (NCOA)
TechnoGym apps
Motion Picture Licensing Corporation (MPLC)
Subscriptions & Publications 2,500.00101-3002-60352
Desert Sun newspaper
Wellness publications
Machinery & Equipment 20,000.00101-3002-80101
Purchase of fitness equipment, and related accessories for
Wellness Center
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
26 88
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
nts
152,272 317,400 317,400 202,595 320,600 3,200 1%
34,563 82,500 82,500 51,843 94,950 12,450 15%
265 5,000 5,000 2,960 5,000 0 0%
14,990 32,700 32,700 18,960 33,200 500 2%
3,178 6,500 6,500 4,172 6,500 0 0%
36,831 136,300 136,300 40,485 303,000 166,700 122%
392 0 0 350 0 0 0%
2,604 0 0 2,043 0 0 0%
172 0 0 218 0 0 0%
950 2,000 2,000 1,412 2,100 100 5%
4,800 4,800 4,800 2,400 5,100 300 6%
3,014 11,400 11,400 3,766 13,200 1,800 16%
581 0 0 666 0 0 0%
19,502 0 0 0 0 0 0%
3003 - Recreation Programs & Special Events
50 - Salaries and Benefits
101-3003-50101 Permanent Full Time
101-3003-50102 Salaries - Part Time
101-3003-50105 Salaries - Overtime
101-3003-50200 PERS-City Portion
101-3003-50215 Other Fringe Benefits
101-3003-50221 Medical Insurance
101-3003-50222 Vision Insurance
101-3003-50223 Dental Insurance
101-3003-50224 Life Insurance
101-3003-50225 Long Term Disability
101-3003-50230 Workers Comp Insurance
101-3003-50240 Social Security-Medicare
101-3003-50241 Social Security-FICA
101-3003-50251 Temporary
50 - Salaries and Benefits Totals:274,114 598,600 598,600 331,871 783,650 185,050 31%
60 - Contract Services
137,256 245,000 245,000 147,225 245,000 0 0%101-3003-60184 Fritz Burns Pool Programming
404,078 420,000 420,000 401,291 445,000 25,000 6%101-3003-60190 X Park Programming
60 - Contract Services Totals:541,334 665,000 665,000 548,516 690,000 25,000 4%
62 - Maintenance & Operations
359,332 580,000 580,000 337,750 455,000 (125,000)-22%101-3003-60149 Community Experiences
646 5,000 5,000 2,635 5,000 0 0%101-3003-60157 Rental Expense
20 1,000 1,000 0 1,000 0 0%101-3003-60320 Travel & Training
0 2,000 2,000 0 2,000 0 0%101-3003-60351 Membership Dues
3,183 6,000 6,000 4,128 6,000 0 0%101-3003-60420 Operating Supplies
6,500 50,000 50,000 0 50,000 0 0%101-3003-60512 LQ Art Event
62 - Maintenance & Operations Totals:369,681 644,000 644,000 344,513 519,000 (125,000)-19%
69 - Internal Service Charges
28,900 28,900 28,900 14,450 29,100 200 1%101-3003-98110 Information Tech Charges
19,500 19,500 19,500 9,750 20,700 1,200 6%101-3003-98140 Facility & Fleet Maintenance
69 - Internal Service Charges Totals:48,400 48,400 48,400 24,200 49,800 1,400 3%
3003 - Recreation Programs & Special Events Totals:1,233,529 1,956,000 1,956,000 1,249,100 2,042,450 86,450 4%
152,272 317,400 317,400 202,595 320,600 3,200
34,563 82,500 82,500 51,843 94,950 12,450
265 5,000 5,000 2,960 5,000 0
14,990 32,700 32,700 18,960 33,200 500
3,178 6,500 6,500 4,172 6,500 0
36,831 136,300 136,300 40,485 303,000 166,700
392 0 0 350 0 0
2,604 0 0 2,043 0 0
172 0 0 218 0 0
950 2,000 2,000 1,412 2,100 100
4,800 4,800 4,800 2,400 5,100 300
3,014 11,400 11,400 3,766 13,200 1,800
581 0 0 666 0 0
19,502 0 0 0 0 0
274,114 598,600 598,600 331,871 783,650 185,050
137,256 245,000 245,000 147,225 245,000 0
404,078 420,000 420,000 401,291 445,000 25,000
541,334 665,000 665,000 548,516 690,000 25,000
359,332 580,000 580,000 337,750 455,000 (125,000)
646 5,000 5,000 2,635 5,000 0
20 1,000 1,000 0 1,000 0
0 2,000 2,000 0 2,000 0
3,183 6,000 6,000 4,128 6,000 0
6,500 50,000 50,000 0 50,000 0
369,681 644,000 644,000 344,513 519,000 (125,000)
28,900 28,900 28,900 14,450 29,100 200
19,500 19,500 19,500 9,750 20,700 1,200
48,400 48,400 48,400 24,200 49,800 1,400
1,233,529 1,956,000 1,956,000 1,249,100 2,042,450 86,450
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
27 89
Department : 3003 - Recreation Programs & Special Events
Permanent Full Time 320,600.00101-3003-50101
100% - Administrative Technician (5)
Salaries - Part Time 94,950.00101-3003-50102
50% Senior Recreation Leader (50% Wellness Center
Operations)
Community Experiences 455,000.00101-3003-60149
Amount
10,000
20,000
45,000
120,000
25,000
75,000
5,000
50,000
5,000
10,000
70,000
9/11 Vigil
Art on Main
City Picnic
Concerts in the Park
Egg Hunt
Ironman Event
Mission LQ Rocket Launch
Other Community Lifestyle Events
Pillars of the Community
Summer Golf
Tree Lighting Ceremony
Veteran's Day Celebration 20,000
Rental Expense 5,000.00101-3003-60157
Special event insurances and security guards for events
Fritz Burns Pool Programming 245,000.00101-3003-60184
Pool operating contract services
Travel & Training 1,000.00101-3003-60320
Park and recreation program training and certifications
Membership Dues 2,000.00101-3003-60351
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
Music license fees:
American Society of Composers, Authors and Publishers (ASCAP)
Broadcast Music Inc. (BMI)
The Society of European Stage Authors and Composers (SESAC)
28 90
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
2001 - Police
60 - Contract Services
2,600 0 0 0 0 0 0%101-2001-60103 Professional Services
9,509 12,000 12,000 5,374 12,000 0 0%101-2001-60109 LQ Police Volunteers
8,629,848 10,600,000 10,600,000 5,924,043 12,100,000 1,500,000 14%101-2001-60161 Sheriff Patrol
464,437 400,000 400,000 151,537 450,000 50,000 13%101-2001-60162 Police Overtime
1,905,053 2,025,000 2,025,000 1,214,178 2,300,000 275,000 14%101-2001-60163 Target Team
821,621 850,000 850,000 535,735 920,000 70,000 8%101-2001-60164 Community Services Officer
1,807 100,000 100,000 118,394 135,000 35,000 35%101-2001-60165 Special Enforcement/City Special Events
219,937 245,000 245,000 150,875 260,000 15,000 6%101-2001-60166 Gang Task Force
208,250 245,000 245,000 146,838 260,000 15,000 6%101-2001-60167 Narcotics Task Force
182,938 280,000 280,000 58,304 305,000 25,000 9%101-2001-60168 School Officer
1,553,741 2,400,000 2,400,000 1,200,908 2,300,000 (100,000)-4%101-2001-60169 Motor Officer
599,521 650,000 650,000 380,280 700,000 50,000 8%101-2001-60170 Dedicated Sargeants
338,183 360,000 360,000 233,885 400,000 40,000 11%101-2001-60171 Dedicated Lieutenant
459,380 450,000 450,000 329,281 500,000 50,000 11%101-2001-60172 Sheriff - Mileage
31,335 38,000 38,000 25,036 40,000 2,000 5%101-2001-60174 Blood/Alcohol Testing
78,350 113,500 113,500 34,773 100,000 (13,500)-12%101-2001-60175 Special Enforcement Funds
407,070 680,000 680,000 46,767 500,000 (180,000)-26%101-2001-60176 Sheriff - Other
8,986 10,500 10,500 4,862 10,000 (500)-5%101-2001-60193 Sexual Assault Exam Fees
60 - Contract Services Totals:15,922,569 19,459,000 19,459,000 10,561,071 21,292,000 1,833,000
9%
62 - Maintenance & Operations
39 5,000 5,000 2,413 6,000 1,000 20%101-2001-60320 Travel & Training
6,586 10,000 10,000 5,731 10,000 0 0%101-2001-60420 Operating Supplies
62 - Maintenance & Operations Totals:6,625 15,000 15,000 8,144 16,000 1,000 7%
65 - Repair & Maintenance
171,834 40,000 40,000 169,922 250,000 210,000 525%101-2001-60692 Public Safety Camera System Maintenance
65 - Repair & Maintenance Totals:171,834 40,000 40,000 169,922 250,000 210,000 525%
66 - Utilities
10,676 17,000 17,000 8,017 14,000 (3,000)-18%101-2001-61300 Telephone - Utilities
6,413 9,000 9,000 5,361 8,000 (1,000)-11%101-2001-61400 Cable/Internet - Utilities
66 - Utilities Totals:17,089 26,000 26,000 13,378 22,000 (4,000)-15%
68 - Capital Expenses
65,435 35,000 35,000 31,595 35,000 0 0%101-2001-71031 Vehicles
68 - Capital Expenses Totals:65,435 35,000 35,000 31,595 35,000 0 0%
69 - Internal Service Charges
10,000 10,000 10,000 5,000 10,500 500 5%101-2001-98110 Information Tech Charges
58,300 58,300 58,300 29,150 62,000 3,700 6%101-2001-98140 Facility & Fleet Maintenance
69 - Internal Service Charges Totals:68,300 68,300 68,300 34,150 72,500 4,200 6%
2001 - Police Totals:16,251,852 19,643,300 19,643,300 10,818,259 21,687,500 2,044,200
10%
2,600 0 0 0 0 0
9,509 12,000 12,000 5,374 12,000 0
8,629,848 10,600,000 10,600,000 5,924,043 12,100,000 1,500,000
464,437 400,000 400,000 151,537 450,000 50,000
1,905,053 2,025,000 2,025,000 1,214,178 2,300,000 275,000
821,621 850,000 850,000 535,735 920,000 70,000
1,807 100,000 100,000 118,394 135,000 35,000
219,937 245,000 245,000 150,875 260,000 15,000
208,250 245,000 245,000 146,838 260,000 15,000
182,938 280,000 280,000 58,304 305,000 25,000
1,553,741 2,400,000 2,400,000 1,200,908 2,300,000 (100,000)
599,521 650,000 650,000 380,280 700,000 50,000
338,183 360,000 360,000 233,885 400,000 40,000
459,380 450,000 450,000 329,281 500,000 50,000
31,335 38,000 38,000 25,036 40,000 2,000
78,350 113,500 113,500 34,773 100,000 (13,500)
407,070 680,000 680,000 46,767 500,000 (180,000)
8,986 10,500 10,500 4,862 10,000 (500)
15,922,569 19,459,000 19,459,000 10,561,071 21,292,000 1,833,000
39 5,000 5,000 2,413 6,000 1,000
6,586 10,000 10,000 5,731 10,000 0
6,625 15,000 15,000 8,144 16,000 1,000
171,834 40,000 40,000 169,922 250,000 210,000
171,834 40,000 40,000 169,922 250,000 210,000
10,676 17,000 17,000 8,017 14,000 (3,000)
6,413 9,000 9,000 5,361 8,000 (1,000)
17,089 26,000 26,000 13,378 22,000 (4,000)
65,435 35,000 35,000 31,595 35,000 0
65,435 35,000 35,000 31,595 35,000 0
10,000 10,000 10,000 5,000 10,500 500
58,300 58,300 58,300 29,150 62,000 3,700
68,300 68,300 68,300 34,150 72,500 4,200
16,251,852 19,643,300 19,643,300 10,818,259 21,687,500 2,044,200
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
29 91
Department : 2001 - Police
Sheriff Patrol 12,100,000.00101-2001-60161
Increases for Police services in FY 2025/26 are attributed to
rising labor and pension costs. Daily patrol hours (130) and
service levels are incorporated and remain unchanged from the
prior year.
The contract funds the following positions: 1 Lieutenant, 2
Sergeants, 4 Motor Traffic Officers, 1 Traffic Officer, 5 Special
Enforcement Team Officers, 2 Deputy Sheriff Officers, and 6
Community Service Officers
Travel & Training 6,000.00101-2001-60320
Crime prevention officers will provide training to the Citizens on
Patrol
Vehicles 35,000.00101-2001-71031
Motorcycle replacement
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
30 92
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
2002 - Fire
50 - Salaries and Benefits
102,345 178,300 178,300 143,069 181,800 3,500 2%101-2002-50101 Permanent Full Time
1,068 4,000 4,000 826 4,000 0 0%101-2002-50105 Salaries - Overtime
318 100 100 264 400 300 300%101-2002-50150 Other Compensation
8,614 14,000 14,000 11,480 18,900 4,900 35%101-2002-50200 PERS-City Portion
1,554 3,510 3,510 1,667 2,470 (1,040)-30%101-2002-50215 Other Fringe Benefits
20,995 52,100 52,100 24,927 33,100 (19,000)-36%101-2002-50221 Medical Insurance
256 0 0 396 0 0 0%101-2002-50222 Vision Insurance
1,139 0 0 2,058 0 0 0%101-2002-50223 Dental Insurance
81 0 0 104 0 0 0%101-2002-50224 Life Insurance
638 1,200 1,200 991 1,200 0 0%101-2002-50225 Long Term Disability
6,700 6,700 6,700 3,350 7,000 300 4%101-2002-50230 Workers Comp Insurance
1,675 2,600 2,600 2,301 4,400 1,800 69%101-2002-50240 Social Security-Medicare
0 0 0 403 0 0 0%101-2002-50241 Social Security-FICA
10,639 0 0 12,423 65,700 65,700 0%101-2002-50251 Temporary
50 - Salaries and Benefits Totals:156,023 262,510 262,510 204,258 318,970 56,460 22%
60 - Contract Services
3,673 15,000 15,000 0 0 (15,000)-100%101-2002-60103 Professional Services
2,004 4,000 4,000 1,390 4,000 0 0%101-2002-60110 Volunteers - Fire
19,392 60,000 60,000 49,000 68,000 8,000 13%101-2002-60112 Landscape Contract
4,024 10,000 10,000 4,229 6,500 (3,500)-35%101-2002-60116 Pest Control
2,219 4,000 4,000 379 4,000 0 0%101-2002-60123 Security & Alarm
8,148,446 9,170,000 9,170,000 3,830,333 10,100,000 930,000 10%101-2002-60139 Fire Service Costs
273,625 300,000 300,000 130,720 330,000 30,000 10%101-2002-60140 MOU - Ladder Truck
57,838 80,000 80,000 65,828 85,000 5,000 6%101-2002-60525 Golf Tournament
60 - Contract Services Totals:8,511,221 9,643,000 9,643,000 4,081,880 10,597,500 954,500 10%
62 - Maintenance & Operations
404 4,000 4,000 2,074 4,500 500 13%101-2002-60320 Travel & Training
1,171 1,200 1,200 821 1,200 0 0%101-2002-60351 Membership Dues
761 1,000 1,000 432 1,000 0 0%101-2002-60400 Office Supplies
12,418 48,500 48,500 4,753 45,000 (3,500)-7%101-2002-60406 Disaster Prep Supplies
0 800 800 1,076 1,200 400 50%101-2002-60410 Printing
2,851 20,000 20,000 631 20,000 0 0%101-2002-60431 Materials/Supplies
0 20,000 20,000 0 20,000 0 0%101-2002-60445 Non-Reimbursable Misc
0 2,500 2,500 0 2,500 0 0%101-2002-60545 Small Tools & Equipment
20,615 40,000 40,000 10,520 40,000 0 0%101-2002-60670 Fire Station
164 30,000 30,000 384 30,000 0 0%101-2002-60671 Repair & Maintenance - EOC
43,051 65,000 65,000 39,384 65,000 0 0%101-2002-60691 Maintenance/Services
62 - Maintenance & Operations Totals:81,436 233,000 233,000 60,076 230,400 (2,600)-1%
64 - Other Expenses
1,347 0 0 0 0 0 0%101-2002-60195 Natural Disaster/EOC Activation
64 - Other Expenses Totals:1,347 0 0 0 0 0 0%
102,345 178,300 178,300 143,069 181,800 3,500
1,068 4,000 4,000 826 4,000 0
318 100 100 264 400 300
8,614 14,000 14,000 11,480 18,900 4,900
1,554 3,510 3,510 1,667 2,470 (1,040)
20,995 52,100 52,100 24,927 33,100 (19,000)
256 0 0 396 0 0
1,139 0 0 2,058 0 0
81 0 0 104 0 0
638 1,200 1,200 991 1,200 0
6,700 6,700 6,700 3,350 7,000 300
1,675 2,600 2,600 2,301 4,400 1,800
0 0 0 403 0 0
10,639 0 0 12,423 65,700 65,700
156,023 262,510 262,510 204,258 318,970 56,460
3,673 15,000 15,000 0 0 (15,000)
2,004 4,000 4,000 1,390 4,000 0
19,392 60,000 60,000 49,000 68,000 8,000
4,024 10,000 10,000 4,229 6,500 (3,500)
2,219 4,000 4,000 379 4,000 0
8,148,446 9,170,000 9,170,000 3,830,333 10,100,000 930,000
273,625 300,000 300,000 130,720 330,000 30,000
57,838 80,000 80,000 65,828 85,000 5,000
8,511,221 9,643,000 9,643,000 4,081,880 10,597,500 954,500
404 4,000 4,000 2,074 4,500 500
1,171 1,200 1,200 821 1,200 0
761 1,000 1,000 432 1,000 0
12,418 48,500 48,500 4,753 45,000 (3,500)
0 800 800 1,076 1,200 400
2,851 20,000 20,000 631 20,000 0
0 20,000 20,000 0 20,000 0
0 2,500 2,500 0 2,500 0
20,615 40,000 40,000 10,520 40,000 0
164 30,000 30,000 384 30,000 0
43,051 65,000 65,000 39,384 65,000 0
81,436 233,000 233,000 60,076 230,400 (2,600)
1,347 0 0 0 0 0
1,347 0 0 0 0 0
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
31 93
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
66 - Utilities
3,514 6,000 6,000 2,840 6,000 0 0%101-2002-61100 Gas - Utilities/Propane
39,996 48,000 48,000 29,527 52,000 4,000 8%101-2002-61101 Electricity - Utilities
11,213 16,000 16,000 8,776 16,000 0 0%101-2002-61200 Water - Utilities
21,600 45,000 45,000 8,027 10,000 (35,000)-78%101-2002-61300 Telephone - Utilities
7,221 10,000 10,000 5,719 10,000 0 0%101-2002-61304 Mobile/Cell Phones/Satellites
6,879 14,000 14,000 5,750 10,000 (4,000)-29%101-2002-61400 Cable/Internet - Utilities
66 - Utilities Totals:90,423 139,000 139,000 60,638 104,000 (35,000)-25%
68 - Capital Expenses
2,361 5,000 5,000 0 20,000 15,000 300%101-2002-71021 Furniture
0 30,000 30,000 16,070 200,000 170,000 567%101-2002-72110 Building Improvements
19,460 100,000 500,000 13,320 20,000 (480,000)-96%101-2002-80101 Machinery & Equipment
68 - Capital Expenses Totals:21,820 135,000 535,000 29,390 240,000 (295,000)-55%
69 - Internal Service Charges
6,000 6,000 6,000 3,000 6,400 400 7%101-2002-91843 Property & Crime Insurance
16,000 16,000 16,000 8,000 16,400 400 3%101-2002-91844 Earthquake Insurance
40,500 40,500 40,500 20,250 40,900 400 1%101-2002-98110 Information Tech Charges
97,100 97,100 97,100 48,550 103,300 6,200 6%101-2002-98140 Facility & Fleet Maintenance
69 - Internal Service Charges Totals:159,600 159,600 159,600 79,800 167,000 7,400 5%
2002 - Fire Totals:9,021,870 10,572,110 10,972,110 4,516,042 11,657,870 685,760 6%
3,514 6,000 6,000 2,840 6,000 0
39,996 48,000 48,000 29,527 52,000 4,000
11,213 16,000 16,000 8,776 16,000 0
21,600 45,000 45,000 8,027 10,000 (35,000)
7,221 10,000 10,000 5,719 10,000 0
6,879 14,000 14,000 5,750 10,000 (4,000)
90,423 139,000 139,000 60,638 104,000 (35,000)
2,361 5,000 5,000 0 20,000 15,000
0 30,000 30,000 16,070 200,000 170,000
19,460 100,000 500,000 13,320 20,000 (480,000)
21,820 135,000 535,000 29,390 240,000 (295,000)
6,000 6,000 6,000 3,000 6,400 400
16,000 16,000 16,000 8,000 16,400 400
40,500 40,500 40,500 20,250 40,900 400
97,100 97,100 97,100 48,550 103,300 6,200
159,600 159,600 159,600 79,800 167,000 7,400
9,021,870 10,572,110 10,972,110 4,516,042 11,657,870 685,760
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
32 94
Department : 2002 - Fire
Permanent Full Time 181,800.00101-2002-50101
20% - Public Safety Deputy Director (80% Public Safety
Admin)
100% - Management Analyst
50% - Administrative Technician (50% Public Safety Admin)
20% - Administrative Technician (80% Code Compliance)
Landscape Contract 68,000.00101-2002-60112
Landscaping maintenance services for all three fire stations
Fire Service Costs 10,100,000.00101-2002-60139
Increases in Fire Services in FY 2025/26 are attributed to rising
labor and pension costs, final estimates to be provided at final
budget adoption: Services are contracted with Riverside County
and include the following: Captains, Medic Engineer, Engineers,
Fire Fighter II/Medic, Fire Fighter II, Fire Safety Specialist, Fire
Systems Inspector, Fire Safety Supervisor, Overhead/
Administration & Direct Operating Expenses, Medic Unit
Operating Costs and Fire Engine Charges
Travel & Training 4,500.00101-2002-60320
Emergency preparedness citywide training
National Emergency Management Academy
Membership Dues 1,200.00101-2002-60351
Journal of Emergency Management (JEM) subscription
International Association of Emergency Managers (IAEM)
Printing 1,200.00101-2002-60410
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
Update Emergency Operations Center formsMaintenance/Services 65,000.00101-2002-60691
Painting plus regular annual maintenance for each station
Furniture 20,000.00101-2002-71021
Emergency Operations Center tables, chairs, and desks
Fire station furniture & mattress replacement
Update Emergency Operations Center forms
33 95
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
6004 - Code Compliance/Animal Control
50 - Salaries and Benefits
438,276 537,300 537,300 272,799 514,900 (22,400)-4%101-6004-50101 Permanent Full Time
33,376 15,000 15,000 3,313 15,000 0 0%101-6004-50105 Salaries - Overtime
0 500 500 0 500 0 0%101-6004-50106 Standby
47,017 51,300 51,300 20,430 43,000 (8,300)-16%101-6004-50200 PERS-City Portion
7,997 10,040 10,040 4,366 8,840 (1,200)-12%101-6004-50215 Other Fringe Benefits
137,037 185,400 185,400 116,670 201,800 16,400 9%101-6004-50221 Medical Insurance
1,205 0 0 1,029 0 0 0%101-6004-50222 Vision Insurance
5,636 0 0 6,320 0 0 0%101-6004-50223 Dental Insurance
413 0 0 276 0 0 0%101-6004-50224 Life Insurance
2,712 3,500 3,500 1,668 3,300 (200)-6%101-6004-50225 Long Term Disability
37,200 37,200 37,200 18,600 37,500 300 1%101-6004-50230 Workers Comp Insurance
7,300 7,800 7,800 4,617 10,100 2,300 29%101-6004-50240 Social Security-Medicare
0 0 0 1,209 0 0 0%101-6004-50241 Social Security- FICA
30,706 20,000 20,000 42,186 34,000 14,000 70%101-6004-50251 Temporary
50 - Salaries and Benefits Totals:748,874 868,040 868,040 493,482 868,940 900 0%
60 - Contract Services
55,597 70,000 70,000 42,421 70,000 0 0%101-6004-60103 Professional Services
467 1,000 1,000 140 1,000 0 0%101-6004-60108 Technical
13,854 25,000 25,000 5,444 25,000 0 0%101-6004-60111 Administrative Citation Services
0 500 500 0 500 0 0%101-6004-60119 Vehicle Abatement
3,523 20,000 20,000 15,424 25,000 5,000 25%101-6004-60120 Lot Cleaning/Gravel Program
748 2,000 2,000 693 2,000 0 0%101-6004-60122 Credit Card Fees
8,520 0 0 406 0 0 0%101-6004-60125 Temporary Agency Services
0 15,000 15,000 0 15,000 0 0%101-6004-60194 Veterinary Service
326,102 407,000 407,000 215,992 425,000 18,000 4%101-6004-60197 Animal Shelter Contract Service
60 - Contract Services Totals:408,812 540,500 540,500 280,520 563,500 23,000 4%
62 - Maintenance & Operations
0 1,000 1,000 0 1,000 0 0%101-6004-60121 Low-Income Housing Grants
3,385 7,000 7,000 15,149 10,000 3,000 43%101-6004-60320 Travel & Training
700 1,200 1,200 400 1,000 (200)-17%101-6004-60351 Membership Dues
1,717 2,500 2,500 1,055 2,500 0 0%101-6004-60400 Office Supplies
35 6,000 6,000 1,219 5,000 (1,000)-17%101-6004-60410 Printing
425 9,000 9,000 2,383 9,000 0 0%101-6004-60425 Supplies - Field
2,130 5,500 5,500 3,010 6,000 500 9%101-6004-60690 Uniforms
62 - Maintenance & Operations Totals:8,392 32,200 32,200 23,216 34,500 2,300 7%
69 - Internal Service Charges
225,200 225,200 225,200 112,600 225,700 500 0%101-6004-98110 Information Tech Charges
155,400 155,400 155,400 77,700 165,300 9,900 6%101-6004-98140 Facility & Fleet Maintenance
69 - Internal Service Charges Totals:380,600 380,600 380,600 190,300 391,000 10,400 3%
6004 - Code Compliance/Animal Control Totals:1,546,678 1,821,340 1,821,340 987,517 1,857,940 36,600 2%
438,276 537,300 537,300 272,799 514,900 (22,400)
33,376 15,000 15,000 3,313 15,000 0
0 500 500 0 500 0
47,017 51,300 51,300 20,430 43,000 (8,300)
7,997 10,040 10,040 4,366 8,840 (1,200)
137,037 185,400 185,400 116,670 201,800 16,400
1,205 0 0 1,029 0 0
5,636 0 0 6,320 0 0
413 0 0 276 0 0
2,712 3,500 3,500 1,668 3,300 (200)
37,200 37,200 37,200 18,600 37,500 300
7,300 7,800 7,800 4,617 10,100 2,300
0 0 0 1,209 0 0
30,706 20,000 20,000 42,186 34,000 14,000
748,874 868,040 868,040 493,482 868,940 900
55,597 70,000 70,000 42,421 70,000 0
467 1,000 1,000 140 1,000 0
13,854 25,000 25,000 5,444 25,000 0
0 500 500 0 500 0
3,523 20,000 20,000 15,424 25,000 5,000
748 2,000 2,000 693 2,000 0
8,520 0 0 406 0 0
0 15,000 15,000 0 15,000 0
326,102 407,000 407,000 215,992 425,000 18,000
408,812 540,500 540,500 280,520 563,500 23,000
0 1,000 1,000 0 1,000 0
3,385 7,000 7,000 15,149 10,000 3,000
700 1,200 1,200 400 1,000 (200)
1,717 2,500 2,500 1,055 2,500 0
35 6,000 6,000 1,219 5,000 (1,000)
425 9,000 9,000 2,383 9,000 0
2,130 5,500 5,500 3,010 6,000 500
8,392 32,200 32,200 23,216 34,500 2,300
225,200 225,200 225,200 112,600 225,700 500
155,400 155,400 155,400 77,700 165,300 9,900
380,600 380,600 380,600 190,300 391,000 10,400
1,546,678 1,821,340 1,821,340 987,517 1,857,940 36,600
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
34 96
Department : 6004 - Code Compliance/Animal Control
Permanent Full Time 514,900.00101-6004-50101
100% - Animal Control/Code Compliance Supervisor
100% - Sr. Code Compliance Officer (2)
100% - Code Compliance Officer (3)
80% - Administrative Technician (20% Fire Fund)
Professional Services 70,000.00101-6004-60103
Short-term vacation rental compliance
Technical 1,000.00101-6004-60108
Riverside County recording fees for liens
Administrative Citation Service 25,000.00101-6004-60111
Data ticket processing of code compliance and police citations
Travel & Training 10,000.00101-6004-60320
Code Enforcement officer training events
Membership Dues 1,000.00101-6004-60351
CA Association of Code Enforcement Officers (CACEO)
Printing 5,000.00101-6004-60410
Community educational outreach
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
35 97
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
6005 - Public Safety Administration
50 - Salaries and Benefits
28,564 151,000 151,000 131,374 164,800 13,800 9%101-6005-50101 Permanent Full Time
1,068 0 0 826 0 0 0%101-6005-50105 Salaries - Overtime
221 0 0 477 624 624 0%101-6005-50150 Other Compensation
2,958 11,900 11,900 10,575 17,500 5,600 47%101-6005-50200 PERS-City Portion
653 1,690 1,690 1,360 1,690 0 0%101-6005-50215 Other Fringe Benefits
8,628 35,500 35,500 28,223 41,000 5,500 15%101-6005-50221 Medical Insurance
42 0 0 258 0 0 0%101-6005-50222 Vision Insurance
281 0 0 783 0 0 0%101-6005-50223 Dental Insurance
33 0 0 71 0 0 0%101-6005-50224 Life Insurance
176 1,000 1,000 886 1,100 100 10%101-6005-50225 Long Term Disability
8,600 8,600 8,600 4,300 8,900 300 3%101-6005-50230 Workers Comp Insurance
588 2,200 2,200 2,097 4,100 1,900 86%101-6005-50240 Social Security-Medicare
0 0 0 403 0 0 0%101-6005-50241 Social Security-FICA
10,639 0 0 12,423 65,700 65,700 0%101-6005-50251 Temporary
50 - Salaries and Benefits Totals:62,451 211,890 211,890 194,055 305,414 93,524 44%
62 - Maintenance & Operations
0 5,000 5,000 0 5,000 0 0%101-6005-60320 Travel & Training
0 1,000 1,000 0 1,000 0 0%101-6005-60400 Office Supplies
9,516 0 0 0 10,000 10,000 0%101-6005-60406 Disaster Prep Supplies
62 - Maintenance & Operations Totals:9,516 6,000 6,000 0 16,000 10,000 167%
69 - Internal Service Charges
52,000 52,000 52,000 26,000 52,300 300 1%101-6005-98110 Information Tech Charges
69 - Internal Service Charges Totals:52,000 52,000 52,000 26,000 52,300 300 1%
6005 - Public Safety Administration Totals:123,967 269,890 269,890 220,055 373,714 103,824 38%
28,564 151,000 151,000 131,374 164,800 13,800
1,068 0 0 826 0 0
221 0 0 477 624 624
2,958 11,900 11,900 10,575 17,500 5,600
653 1,690 1,690 1,360 1,690 0
8,628 35,500 35,500 28,223 41,000 5,500
42 0 0 258 0 0
281 0 0 783 0 0
33 0 0 71 0 0
176 1,000 1,000 886 1,100 100
8,600 8,600 8,600 4,300 8,900 300
588 2,200 2,200 2,097 4,100 1,900
0 0 0 403 0 0
10,639 0 0 12,423 65,700 65,700
62,451 211,890 211,890 194,055 305,414 93,524
0 5,000 5,000 0 5,000 0
0 1,000 1,000 0 1,000 0
9,516 0 0 0 10,000 10,000
9,516 6,000 6,000 0 16,000 10,000
52,000 52,000 52,000 26,000 52,300 300
52,000 52,000 52,000 26,000 52,300 300
123,967 269,890 269,890 220,055 373,714 103,824
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
36 98
Department : 6005 - Public Safety Administration
Permanent Full Time 164,800.00101-6005-50101
80% - Public Safety Director (20% Fire Fund)
50% - Administrative Technician (50% Fire Fund)
Disaster Prep Supplies 10,000.00101-6005-60406
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
Emergency preparation supplies such as sandbags and sand
37 99
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
3005 - Parks Maintenance
50 - Salaries and Benefits
252,551 299,400 299,400 276,205 290,500 (8,900)-3%101-3005-50101 Permanent Full Time
2,161 700 700 13,732 12,000 11,300 1,614%101-3005-50105 Salaries - Overtime
10,590 15,000 15,000 8,380 15,000 0 0%101-3005-50106 Standby
50,760 35,000 35,000 40,669 35,000 0 0%101-3005-50107 Standby Overtime
241 0 0 49 0 0 0%101-3005-50150 Other Compensation
21,650 26,100 26,100 23,157 24,800 (1,300)-5%101-3005-50200 PERS-City Portion
4,566 4,550 4,550 3,969 4,550 0 0%101-3005-50215 Other Fringe Benefits
74,571 81,800 81,800 61,056 95,500 13,700 17%101-3005-50221 Medical Insurance
648 0 0 513 0 0 0%101-3005-50222 Vision Insurance
3,346 0 0 2,897 0 0 0%101-3005-50223 Dental Insurance
234 0 0 206 0 0 0%101-3005-50224 Life Insurance
1,558 1,800 1,800 2,163 1,900 100 6%101-3005-50225 Long Term Disability
16,700 16,700 16,700 8,350 17,100 400 2%101-3005-50230 Workers Comp Insurance
4,923 4,000 4,000 4,997 4,200 200 5%101-3005-50240 Social Security-Medicare
1,301 0 0 0 0 0 0%101-3005-50241 Social Security-FICA
21,070 0 0 4,536 0 0 0%101-3005-50251 Temporary
50 - Salaries and Benefits Totals:466,872 485,050 485,050 450,878 500,550 15,500 3%
60 - Contract Services
808,214 1,089,000 1,089,000 841,337 1,177,850 88,850 8%101-3005-60112 Landscape Contract
60 - Contract Services Totals:808,214 1,089,000 1,089,000 841,337 1,177,850 88,850 8%
62 - Maintenance & Operations
18,722 30,000 30,000 27,755 40,000 10,000 33%101-3005-60117 Civic Center Lake Maintenance
475 1,000 1,000 475 1,000 0 0%101-3005-60136 Lighting Service
149,367 180,000 180,000 114,828 220,000 40,000 22%101-3005-60184 Fritz Burns Pool Maintenance
19,210 20,000 20,000 12,690 35,000 15,000 75%101-3005-60189 SilverRock Lake Maintenance
4,859 5,000 5,000 2,039 13,500 8,500 170%101-3005-60320 Travel & Training
1,035 1,000 1,000 445 1,000 0 0%101-3005-60351 Membership Dues
439 1,000 1,000 250 1,000 0 0%101-3005-60400 Office Supplies
2,244 15,000 15,000 55 15,000 0 0%101-3005-60423 Supplies-Graffiti and Vandalism
958 1,300 1,300 315 1,300 0 0%101-3005-60427 Safety Gear
236,149 400,000 400,000 143,992 225,000 (175,000)-44%101-3005-60431 Materials/Supplies
7,132 6,000 6,000 5,679 6,000 0 0%101-3005-60432 Tools/Equipment
19,035 40,000 40,000 32,616 50,000 10,000 25%101-3005-60554 LQ Park Water Feature
12,575 10,000 10,000 10,270 15,000 5,000 50%101-3005-60557 Tree Maintenance
1,990 5,000 5,000 4,581 5,000 0 0%101-3005-60690 Uniforms
579,399 450,000 450,000 449,665 600,000 150,000 33%101-3005-60691 Maintenance/Services
62 - Maintenance & Operations Totals:1,053,590 1,165,300 1,165,300 805,656 1,228,800 63,500 5%
66 - Utilities
28,087 0 0 18,626 25,000 25,000 0%101-3005-61100 Gas-Utilities FB Pool
164 300 300 134 300 0 0%101-3005-61102 Electric - Monticello Park - Utilities
53,293 40,000 40,000 19,771 40,000 0 0%101-3005-61103 Electric - Civic Center Park - Utilities
0 100 100 0 100 0 0%101-3005-61104 Electric - Pioneer Park - Utilities
20,545 17,000 17,000 12,605 17,000 0 0%101-3005-61105 Electric - Fritz Burns Park - Utilities
252,551 299,400 299,400 276,205 290,500 (8,900)
2,161 700 700 13,732 12,000 11,300
10,590 15,000 15,000 8,380 15,000 0
50,760 35,000 35,000 40,669 35,000 0
241 0 0 49 0 0
21,650 26,100 26,100 23,157 24,800 (1,300)
4,566 4,550 4,550 3,969 4,550 0
74,571 81,800 81,800 61,056 95,500 13,700
648 0 0 513 0 0
3,346 0 0 2,897 0 0
234 0 0 206 0 0
1,558 1,800 1,800 2,163 1,900 100
16,700 16,700 16,700 8,350 17,100 400
4,923 4,000 4,000 4,997 4,200 200
1,301 0 0 0 0 0
21,070 0 0 4,536 0 0
466,872 485,050 485,050 450,878 500,550 15,500
808,214 1,089,000 1,089,000 841,337 1,177,850 88,850
808,214 1,089,000 1,089,000 841,337 1,177,850 88,850
18,722 30,000 30,000 27,755 40,000 10,000
475 1,000 1,000 475 1,000 0
149,367 180,000 180,000 114,828 220,000 40,000
19,210 20,000 20,000 12,690 35,000 15,000
4,859 5,000 5,000 2,039 13,500 8,500
1,035 1,000 1,000 445 1,000 0
439 1,000 1,000 250 1,000 0
2,244 15,000 15,000 55 15,000 0
958 1,300 1,300 315 1,300 0
236,149 400,000 400,000 143,992 225,000 (175,000)
7,132 6,000 6,000 5,679 6,000 0
19,035 40,000 40,000 32,616 50,000 10,000
12,575 10,000 10,000 10,270 15,000 5,000
1,990 5,000 5,000 4,581 5,000 0
579,399 450,000 450,000 449,665 600,000 150,000
1,053,590 1,165,300 1,165,300 805,656 1,228,800 63,500
28,087 0 0 18,626 25,000 25,000
164 300 300 134 300 0
53,293 40,000 40,000 19,771 40,000 0
0 100 100 0 100 0
20,545 17,000 17,000 12,605 17,000 0
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
38 100
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
54,027 46,000 46,000 36,838 46,000 0 0%101-3005-61106 Electric - Sports Complex - Utilities
5,694 6,000 6,000 4,200 6,000 0 0%101-3005-61108 Electric - Colonel Paige - Utilities
109,362 84,000 84,000 83,332 110,000 26,000 31%101-3005-61109 Electric - Community Park - Utilities
577 900 900 472 900 0 0%101-3005-61110 Electric - Adams Park - Utilities
172 300 300 142 300 0 0%101-3005-61111 Electric - Velasco Park - Utilities
238 400 400 184 400 0 0%101-3005-61113 Electric - Eisenhower Park - Utilities
162 350 350 134 350 0 0%101-3005-61114 Electric - Desert Pride - Utilities
30,039 32,000 32,000 25,973 35,000 3,000 9%101-3005-61115 Electric - SilverRock Event Site - Utilities
0 30,000 30,000 0 0 (30,000)-100%101-3005-61116 Electric - XPark Complex
27,057 30,000 30,000 25,108 35,000 5,000 17%101-3005-61201 Water -Monticello Park - Utilities
43,596 40,000 40,000 31,465 40,000 0 0%101-3005-61202 Water - Civic Center Park - Utilities
2,526 3,000 3,000 2,267 3,000 0 0%101-3005-61203 Water -Eisenhower Park - Utilities
32,785 28,000 28,000 21,155 32,000 4,000 14%101-3005-61204 Water -Fritz Burns Park - Utilities
2,176 2,500 2,500 1,597 2,500 0 0%101-3005-61205 Water -Velasco Park - Utilities
14,881 14,000 14,000 9,332 14,000 0 0%101-3005-61206 Water -Desert Pride - Utilities
13,894 15,000 15,000 9,889 15,000 0 0%101-3005-61207 Water -Pioneer Park - Utilities
368 600 600 258 600 0 0%101-3005-61208 Water -Seasons Park - Utilities
87,678 90,000 90,000 69,748 90,000 0 0%101-3005-61209 Water -Community Park - Utilities
0 55,000 55,000 0 0 (55,000)-100%101-3005-61211 Water - SilverRock Event Site
0 6,000 6,000 0 0 (6,000)-100%101-3005-61212 Water - XPark Complex
1,059 1,000 1,000 1,164 1,500 500 50%101-3005-61300 Telephone - Utilities
66 - Utilities Totals:528,379 542,450 542,450 374,394 514,950 (27,500)-5%
69 - Internal Service Charges
101,100 101,100 101,100 50,550 101,600 500 0%101-3005-98110 Information Tech Charges
1,000,000 1,000,000 1,000,000 500,000 475,000 (525,000)-53%101-3005-98130 Park Equipment Maintenance
155,400 155,400 155,400 77,700 165,300 9,900 6%101-3005-98140 Facility & Fleet Maintenance
69 - Internal Service Charges Totals:1,256,500 1,256,500 1,256,500 628,250 741,900 (514,600)-41%
3005 - Parks Maintenance Totals:4,113,554 4,538,300 4,538,300 3,100,515 4,164,050 (374,250)-8%
54,027 46,000 46,000 36,838 46,000 0
5,694 6,000 6,000 4,200 6,000 0
109,362 84,000 84,000 83,332 110,000 26,000
577 900 900 472 900 0
172 300 300 142 300 0
238 400 400 184 400 0
162 350 350 134 350 0
30,039 32,000 32,000 25,973 35,000 3,000
0 30,000 30,000 0 0 (30,000)
27,057 30,000 30,000 25,108 35,000 5,000
43,596 40,000 40,000 31,465 40,000 0
2,526 3,000 3,000 2,267 3,000 0
32,785 28,000 28,000 21,155 32,000 4,000
2,176 2,500 2,500 1,597 2,500 0
14,881 14,000 14,000 9,332 14,000 0
13,894 15,000 15,000 9,889 15,000 0
368 600 600 258 600 0
87,678 90,000 90,000 69,748 90,000 0
0 55,000 55,000 0 0 (55,000)
0 6,000 6,000 0 0 (6,000)
1,059 1,000 1,000 1,164 1,500 500
528,379 542,450 542,450 374,394 514,950 (27,500)
101,100 101,100 101,100 50,550 101,600 500
1,000,000 1,000,000 1,000,000 500,000 475,000 (525,000)
155,400 155,400 155,400 77,700 165,300 9,900
1,256,500 1,256,500 1,256,500 628,250 741,900 (514,600)
4,113,554 4,538,300 4,538,300 3,100,515 4,164,050 (374,250)
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
39 101
Department : 3005 - Parks Maintenance
Permanent Full Time 290,500.00101-3005-50101
50% - Maintenance & Operations Deputy Director (50% Public Buildings)
50% - Maintenance & Operations Superintendent (50% Lighting & Landscape Fund)
50% - Maintenance & Operations Crew Leader (50% Lighting & Landscape Fund)
50% - Sr. Maintenance & Operations Worker (50% Lighting & Landscape Fund)
50% - Maintenance & Operations Worker- 3 (50% Lighting & Landscape Fund)
Landscape Contract 1,177,850.00101-3005-60112
Landscape contract services for all City Parks including the
SilverRock event site and X-Park
Fritz Burns Pool Maintenance 220,000.00101-3005-60184
Pool maintenance services
Travel & Training 13,500.00101-3005-60320
Aquatic facility operator course
Maintenance agreement school
Playground certifications
Membership Dues 1,000.00101-3005-60351
Amount
CA Parks & Recreation Association (CPRS)500
National Park & Recreation Association (NPRA)500
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
Maintenance/Services 600,000.00101-3005-60691
Landscape renovations, electrical and fence repairs, painting,
tree removal, and other landscape-related maintenance and re
Park Equipment Maintenance 475,000.00101-3005-98130
Funds are transferred to the Park Equipment & Facility Internal
Service Fund for park equipment replacements
40 102
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
3008 - Public Buildings
50 - Salaries and Benefits
408,185 480,100 480,100 369,386 511,300 31,200 6%101-3008-50101 Permanent Full Time
1,697 500 500 183 500 0 0%101-3008-50105 Salaries - Overtime
14,433 15,000 15,000 12,077 15,000 0 0%101-3008-50106 Standby
19,200 20,000 20,000 16,761 20,000 0 0%101-3008-50107 Standby Overtime
483 500 500 377 500 0 0%101-3008-50150 Other Compensation
38,167 45,200 45,200 34,481 48,300 3,100 7%101-3008-50200 PERS-City Portion
5,881 5,850 5,850 4,693 7,150 1,300 22%101-3008-50215 Other Fringe Benefits
95,183 122,700 122,700 80,129 125,700 3,000 2%101-3008-50221 Medical Insurance
1,240 0 0 1,026 0 0 0%101-3008-50222 Vision Insurance
4,027 0 0 3,186 0 0 0%101-3008-50223 Dental Insurance
298 0 0 246 0 0 0%101-3008-50224 Life Insurance
2,530 3,100 3,100 2,651 3,300 200 6%101-3008-50225 Long Term Disability
26,200 26,200 26,200 13,100 26,600 400 2%101-3008-50230 Workers Comp Insurance
6,482 6,900 6,900 5,817 7,400 500 7%101-3008-50240 Social Security-Medicare
50 - Salaries and Benefits Totals:624,006 726,050 726,050 544,112 765,750 39,700 5%
60 - Contract Services
196,836 250,000 250,000 152,210 225,000 (25,000)-10%101-3008-60115 Janitorial
6,860 9,500 9,500 6,889 9,500 0 0%101-3008-60116 Pest Control
7,846 12,000 12,000 6,721 10,000 (2,000)-17%101-3008-60123 Security & Alarm
10,528 8,000 8,000 5,726 10,000 2,000 25%101-3008-60196 Annual Permits/Inspections
60 - Contract Services Totals:222,069 279,500 279,500 171,547 254,500 (25,000)-9%
62 - Maintenance & Operations
102 2,000 2,000 71 2,000 0 0%101-3008-60320 Travel & Training
396 0 0 46 500 500 0%101-3008-60400 Office Supplies
1,139 1,200 1,200 2,486 2,500 1,300 108%101-3008-60427 Safety Gear
30,505 50,000 50,000 33,114 50,000 0 0%101-3008-60431 Materials/Supplies
9,967 10,000 10,000 2,929 10,000 0 0%101-3008-60432 Tools/Equipment
0 500 500 0 0 (500)-100%101-3008-60481 Office Supplies
96,678 180,000 180,000 29,075 180,000 0 0%101-3008-60667 HVAC
1,890 2,000 2,000 1,589 2,000 0 0%101-3008-60690 Uniforms
82,475 120,000 120,000 46,755 110,000 (10,000)-8%101-3008-60691 Maintenance/Services
907 0 0 0 0 0 0%101-3008-61702 Facility Rent
62 - Maintenance & Operations Totals:224,060 365,700 365,700 116,065 357,000 (8,700)-2%
66 - Utilities
5,313 13,000 13,000 6,695 13,000 0 0%101-3008-61100 Gas - Utilities
251,593 180,000 180,000 184,550 225,000 45,000 25%101-3008-61101 Electricity - Utilities
30,690 0 0 16,857 25,000 25,000 0%101-3008-61102 Electricity - Charging Stations
10,977 10,000 10,000 7,153 10,000 0 0%101-3008-61200 Water - Utilities
66 - Utilities Totals:298,573 203,000 203,000 215,255 273,000 70,000 34%
69 - Internal Service Charges
65,000 65,000 65,000 32,500 67,000 2,000 3%101-3008-91842 Liability Insurance & Claims
408,185 480,100 480,100 369,386 511,300 31,200
1,697 500 500 183 500 0
14,433 15,000 15,000 12,077 15,000 0
19,200 20,000 20,000 16,761 20,000 0
483 500 500 377 500 0
38,167 45,200 45,200 34,481 48,300 3,100
5,881 5,850 5,850 4,693 7,150 1,300
95,183 122,700 122,700 80,129 125,700 3,000
1,240 0 0 1,026 0 0
4,027 0 0 3,186 0 0
298 0 0 246 0 0
2,530 3,100 3,100 2,651 3,300 200
26,200 26,200 26,200 13,100 26,600 400
6,482 6,900 6,900 5,817 7,400 500
624,006 726,050 726,050 544,112 765,750 39,700
196,836 250,000 250,000 152,210 225,000 (25,000)
6,860 9,500 9,500 6,889 9,500 0
7,846 12,000 12,000 6,721 10,000 (2,000)
10,528 8,000 8,000 5,726 10,000 2,000
222,069 279,500 279,500 171,547 254,500 (25,000)
102 2,000 2,000 71 2,000 0
396 0 0 46 500 500
1,139 1,200 1,200 2,486 2,500 1,300
30,505 50,000 50,000 33,114 50,000 0
9,967 10,000 10,000 2,929 10,000 0
0 500 500 0 0 (500)
96,678 180,000 180,000 29,075 180,000 0
1,890 2,000 2,000 1,589 2,000 0
82,475 120,000 120,000 46,755 110,000 (10,000)
907 0 0 0 0 0
224,060 365,700 365,700 116,065 357,000 (8,700)
5,313 13,000 13,000 6,695 13,000 0
251,593 180,000 180,000 184,550 225,000 45,000
30,690 0 0 16,857 25,000 25,000
10,977 10,000 10,000 7,153 10,000 0
298,573 203,000 203,000 215,255 273,000 70,000
65,000 65,000 65,000 32,500 67,000 2,000
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
41 103
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
158,800 158,800 158,800 79,400 159,100 300 0%101-3008-98110 Information Tech Charges
77,700 77,700 77,700 38,850 82,700 5,000 6%101-3008-98140 Facility & Fleet Maintenance
69 - Internal Service Charges Totals:301,500 301,500 301,500 150,750 308,800 7,300 2%
3008 - Public Buildings Totals:1,670,209 1,875,750 1,875,750 1,197,730 1,959,050 83,300 4%
158,800 158,800 158,800 79,400 159,100 300
77,700 77,700 77,700 38,850 82,700 5,000
301,500 301,500 301,500 150,750 308,800 7,300
1,670,209 1,875,750 1,875,750 1,197,730 1,959,050 83,300
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
42 104
Department : 3008 - Public Buildings
Permanent Full Time 511,300.00101-3008-50101
50% - Maintenance & Operations Deputy Director (50% Parks Maintenance)
100% - Maintenance & Operations Superintendent
100% - Maintenance & Operations Coordinator
100% - Maintenance & Operations Technician
100% - Sr. Maintenance & Operations Worker
100% - Maintenance & Operations Worker
Janitorial 225,000.00101-3008-60115
Janitorial services for all public buildings including parks
Travel & Training 2,000.00101-3008-60320
HVAC and other related training
HVAC 180,000.00101-3008-60667
For all public buildings including City Hall, Fritz Burns Pool, La
Quinta Park, Maintenance Yard, Public Works Office, Sports
Complex, and Wellness Center.
Maintenance/Services 110,000.00101-3008-60691
Public building repairs and maintenance
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
43 105
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
7001 - Public Works Administration
50 - Salaries and Benefits
415,961 433,497 433,497 288,669 446,000 12,503 3%101-7001-50101 Permanent Full Time
483 500 500 377 500 0 0%101-7001-50150 Other Compensation
42,658 45,000 45,000 32,232 48,500 3,500 8%101-7001-50200 PERS-City Portion
4,921 5,200 5,200 3,129 5,200 0 0%101-7001-50215 Other Fringe Benefits
68,568 96,000 96,000 41,955 84,800 (11,200)-12%101-7001-50221 Medical Insurance
870 0 0 539 0 0 0%101-7001-50222 Vision Insurance
2,906 0 0 1,296 0 0 0%101-7001-50223 Dental Insurance
246 0 0 164 0 0 0%101-7001-50224 Life Insurance
2,436 2,800 2,800 1,866 2,900 100 4%101-7001-50225 Long Term Disability
19,100 19,100 19,100 9,550 19,400 300 2%101-7001-50230 Workers Comp Insurance
6,075 6,400 6,400 4,220 6,500 100 2%101-7001-50240 Social Security-Medicare
50 - Salaries and Benefits Totals:564,223 608,497 608,497 383,997 613,800 5,303 1%
60 - Contract Services
0 100,000 100,000 0 50,000 (50,000)-50%101-7001-60104 Consultants
60 - Contract Services Totals:0 100,000 100,000 0 50,000 (50,000)-50%
62 - Maintenance & Operations
3,466 5,000 5,000 3,220 5,000 0 0%101-7001-60320 Travel & Training
0 1,800 1,800 0 1,800 0 0%101-7001-60351 Membership Dues
2,269 4,000 4,000 517 4,000 0 0%101-7001-60400 Office Supplies
617 1,000 1,000 332 1,000 0 0%101-7001-60420 Operating Supplies
62 - Maintenance & Operations Totals:6,352 11,800 11,800 4,069 11,800 0 0%
69 - Internal Service Charges
115,500 115,500 115,500 57,750 115,900 400 0%101-7001-98110 Information Tech Charges
69 - Internal Service Charges Totals:115,500 115,500 115,500 57,750 115,900 400 0%
7001 - Public Works Administration Totals:686,074 835,797 835,797 445,817 791,500 (44,297)-5%
415,961 433,497 433,497 288,669 446,000 12,503
483 500 500 377 500 0
42,658 45,000 45,000 32,232 48,500 3,500
4,921 5,200 5,200 3,129 5,200 0
68,568 96,000 96,000 41,955 84,800 (11,200)
870 0 0 539 0 0
2,906 0 0 1,296 0 0
246 0 0 164 0 0
2,436 2,800 2,800 1,866 2,900 100
19,100 19,100 19,100 9,550 19,400 300
6,075 6,400 6,400 4,220 6,500 100
564,223 608,497 608,497 383,997 613,800 5,303
0 100,000 100,000 0 50,000 (50,000)
0 100,000 100,000 0 50,000 (50,000)
3,466 5,000 5,000 3,220 5,000 0
0 1,800 1,800 0 1,800 0
2,269 4,000 4,000 517 4,000 0
617 1,000 1,000 332 1,000 0
6,352 11,800 11,800 4,069 11,800 0
115,500 115,500 115,500 57,750 115,900 400
115,500 115,500 115,500 57,750 115,900 400
686,074 835,797 835,797 445,817 791,500 (44,297)
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
44 106
Department : 7001 - Public Works Administration
Permanent Full Time 446,000.00101-7001-50101
100% - Public Works Director/City Engineer
100% - Management Analyst
100% - Administrative Technician
100% - Administrative Assistant
Consultants 50,000.00101-7001-60104
Professional services and on-call electrical services
Travel & Training 5,000.00101-7001-60320
Certification trainings
Membership Dues 1,800.00101-7001-60351
American Public Works Association (APWA)
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
45 107
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
133,546 136,283 136,283 115,258 143,600 7,317 5%
18,777 18,800 18,800 16,286 20,400 1,600 9%
1,307 1,300 1,300 1,043 1,300 0 0%
7,242 27,500 27,500 5,658 3,000 (24,500)-89%
185 0 0 153 0 0 0%
1,252 0 0 999 0 0 0%
66 0 0 55 0 0 0%
836 900 900 791 1,000 100 11%
4,800 4,800 4,800 2,400 5,100 300 6%
1,980 2,100 2,100 1,705 2,100 0 0%
7002 - Public Works Development Services
50 - Salaries and Benefits
101-7002-50101 Permanent Full Time
101-7002-50200 PERS-City Portion
101-7002-50215 Other Fringe Benefits
101-7002-50221 Medical Insurance
101-7002-50222 Vision Insurance
101-7002-50223 Dental Insurance
101-7002-50224 Life Insurance
101-7002-50225 Long Term Disability
101-7002-50230 Workers Comp Insurance
101-7002-50240 Social Security-Medicare
50 - Salaries and Benefits Totals:169,992 191,683 191,683 144,348 176,500 (15,183)-8%
60 - Contract Services
62,086 100,000 100,000 18,196 110,000 10,000 10%101-7002-60103 Professional Services
3,500 5,000 5,000 3,500 5,000 0 0%101-7002-60104 Consultants
104,720 150,000 150,000 35,460 150,000 0 0%101-7002-60183 Map/Plan Checking
60 - Contract Services Totals:170,306 255,000 255,000 57,156 265,000 10,000 4%
62 - Maintenance & Operations
68 1,500 1,500 883 1,500 0 0%101-7002-60320 Travel & Training
0 500 500 0 500 0 0%101-7002-60351 Membership Dues
1,126 500 500 104 500 0 0%101-7002-60420 Operating Supplies
743 3,000 3,000 517 3,000 0 0%101-7002-60450 Advertising
62 - Maintenance & Operations Totals:1,936 5,500 5,500 1,504 5,500 0 0%
69 - Internal Service Charges
28,900 28,900 28,900 14,450 29,100 200 1%101-7002-98110 Information Tech Charges
58,300 58,300 58,300 29,150 62,000 3,700 6%101-7002-98140 Facility & Fleet Maintenance
69 - Internal Service Charges Totals:87,200 87,200 87,200 43,600 91,100 3,900 4%
7002 - Public Works Development Services Totals:429,434 539,383 539,383 246,608 538,100 (1,283)0%
133,546 136,283 136,283 115,258 143,600 7,317
18,777 18,800 18,800 16,286 20,400 1,600
1,307 1,300 1,300 1,043 1,300 0
7,242 27,500 27,500 5,658 3,000 (24,500)
185 0 0 153 0 0
1,252 0 0 999 0 0
66 0 0 55 0 0
836 900 900 791 1,000 100
4,800 4,800 4,800 2,400 5,100 300
1,980 2,100 2,100 1,705 2,100 0
169,992 191,683 191,683 144,348 176,500 (15,183)
62,086 100,000 100,000 18,196 110,000 10,000
3,500 5,000 5,000 3,500 5,000 0
104,720 150,000 150,000 35,460 150,000 0
170,306 255,000 255,000 57,156 265,000 10,000
68 1,500 1,500 883 1,500 0
0 500 500 0 500 0
1,126 500 500 104 500 0
743 3,000 3,000 517 3,000 0
1,936 5,500 5,500 1,504 5,500 0
28,900 28,900 28,900 14,450 29,100 200
58,300 58,300 58,300 29,150 62,000 3,700
87,200 87,200 87,200 43,600 91,100 3,900
429,434 539,383 539,383 246,608 538,100 (1,283)
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
46 108
Department : 7002 - Public Works Development Services
Permanent Full Time 143,600.00101-7002-50101
100% - Associate Engineer
Professional Services 110,000.00101-7002-60103
Stormwater Commercial/Restaurant State Mandate
National Pollution Discharge Elimination Systems
Consultants 5,000.00101-7002-60104
Project consulting services
Map/Plan Checking 150,000.00101-7002-60183
On-call map checking and engineering civil plan check services
Travel & Training 1,500.00101-7002-60320
For various training events including: Desert Valley Builders
Association meetings, American Public Works Association,
professional engineering review courses, and water quality/
flood seminars
Membership Dues 500.00101-7002-60351
Board of Civil Engineers license
Other professional organizations
Advertising 3,000.00101-7002-60450
Public hearing notices
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
47 109
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
7003 - Streets- Traffic
50 - Salaries and Benefits
87,452 141,300 141,300 67,766 221,400 80,100 57%101-7003-50101 Permanent Full Time
348 0 0 1,855 0 0 0%101-7003-50105 Salaries - Overtime
14,657 15,000 15,000 11,318 20,000 5,000 33%101-7003-50106 Standby
22,207 15,000 15,000 20,791 20,000 5,000 33%101-7003-50107 Standby Overtime
5,131 11,100 11,100 5,297 17,700 6,600 59%101-7003-50200 PERS-City Portion
1,200 2,600 2,600 750 3,900 1,300 50%101-7003-50215 Other Fringe Benefits
15,387 54,600 54,600 18,920 81,800 27,200 50%101-7003-50221 Medical Insurance
101 0 0 136 0 0 0%101-7003-50222 Vision Insurance
608 0 0 826 0 0 0%101-7003-50223 Dental Insurance
64 0 0 76 0 0 0%101-7003-50224 Life Insurance
412 900 900 637 1,400 500 56%101-7003-50225 Long Term Disability
14,300 14,300 14,300 7,150 14,700 400 3%101-7003-50230 Workers Comp Insurance
1,808 2,100 2,100 1,475 3,300 1,200 57%101-7003-50240 Social Security-Medicare
50 - Salaries and Benefits Totals:163,676 256,900 256,900 136,996 384,200 127,300 50%
60 - Contract Services
107,074 600,000 750,000 241,547 0 (750,000)-100%101-7003-60103 Professional Services
0 10,000 10,000 12,423 10,000 0 0%101-7003-60120 Street Cleaning/Accidents
60 - Contract Services Totals:107,074 610,000 760,000 253,970 10,000 (750,000)-99%
62 - Maintenance & Operations
3,257 15,000 15,000 7,873 15,000 0 0%101-7003-60320 Travel & Training
450 550 550 363 550 0 0%101-7003-60351 Membership Dues
37 500 500 56 500 0 0%101-7003-60400 Office Supplies
15,847 20,000 20,000 29,621 30,000 10,000 50%101-7003-60420 Operating Supplies
33,989 42,000 42,000 15,731 15,000 (27,000)-64%101-7003-60432 Tools/Equipment
62 - Maintenance & Operations Totals:53,580 78,050 78,050 53,644 61,050 (17,000)-22%
64 - Other Expenses
0 5,000 5,000 1,515 5,000 0 0%101-7003-60510 Signal Knockdowns, Contingency
64 - Other Expenses Totals:0 5,000 5,000 1,515 5,000 0 0%
65 - Repair & Maintenance
0 0 0 45,000 750,000 750,000 0%101-7003-60691 Maintenance/Services
65 - Repair & Maintenance Totals:0 0 0 45,000 750,000 750,000 0%
66 - Utilities
845 0 0 0 0 0 0%101-7003-61101 Electricity - Utilities
66 - Utilities Totals:845 0 0 0 0 0 0%
68 - Capital Expenses
0 0 0 0 30,000 30,000 0%101-7003-80100 Machinery & Equipment
68 - Capital Expenses Totals:0 0 0 0 30,000 30,000 0%
87,452 141,300 141,300 67,766 221,400 80,100
348 0 0 1,855 0 0
14,657 15,000 15,000 11,318 20,000 5,000
22,207 15,000 15,000 20,791 20,000 5,000
5,131 11,100 11,100 5,297 17,700 6,600
1,200 2,600 2,600 750 3,900 1,300
15,387 54,600 54,600 18,920 81,800 27,200
101 0 0 136 0 0
608 0 0 826 0 0
64 0 0 76 0 0
412 900 900 637 1,400 500
14,300 14,300 14,300 7,150 14,700 400
1,808 2,100 2,100 1,475 3,300 1,200
163,676 256,900 256,900 136,996 384,200 127,300
107,074 600,000 750,000 241,547 0 (750,000)
0 10,000 10,000 12,423 10,000 0
107,074 610,000 760,000 253,970 10,000 (750,000)
3,257 15,000 15,000 7,873 15,000 0
450 550 550 363 550 0
37 500 500 56 500 0
15,847 20,000 20,000 29,621 30,000 10,000
33,989 42,000 42,000 15,731 15,000 (27,000)
53,580 78,050 78,050 53,644 61,050 (17,000)
0 5,000 5,000 1,515 5,000 0
0 5,000 5,000 1,515 5,000 0
0 0 0 45,000 750,000 750,000
0 0 0 45,000 750,000 750,000
845 0 0 0 0 0
845 0 0 0 0 0
0 0 0 0 30,000 30,000
0 0 0 0 30,000 30,000
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
48 110
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
69 - Internal Service Charges
86,600 86,600 86,600 43,300 86,900 300 0%101-7003-98110 Information Tech Charges
69 - Internal Service Charges Totals:86,600 86,600 86,600 43,300 86,900 300 0%
7003 - Streets- Traffic Totals:411,774 1,036,550 1,186,550 534,424 1,327,150 140,600 12%
86,600 86,600 86,600 43,300 86,900 300
86,600 86,600 86,600 43,300 86,900 300
411,774 1,036,550 1,186,550 534,424 1,327,150 140,600
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
49 111
Department : 7003 - Streets- Traffic
Permanent Full Time 221,400.00101-7003-50101
100% - Maintenance & Operations Superintendent
100% - Traffic Signal Technician (2)
Travel & Training 15,000.00101-7003-60320
On-site hearing tests
American Traffic Safety Services Association (ATSSA)
certification
International Municipal Signal Association (IMSA) certification
Class B commercial and equipment operator certification
Membership Dues 550.00101-7003-60351
CA Park and Recreations
American Traffic Safety Services Association (ATSSA)
Signal Knockdowns, Contingen 5,000.00101-7003-60510
For traffic signal repairs due to accidents
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
50 112
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
7006 - Engineering Services
50 - Salaries and Benefits
247,724 254,200 254,200 220,781 269,600 15,400 6%101-7006-50101 Permanent Full Time
0 500 500 0 500 0 0%101-7006-50105 Salaries - Overtime
0 5,000 5,000 9,198 5,000 0 0%101-7006-50106 Standby
0 1,000 1,000 0 1,000 0 0%101-7006-50107 Standby Overtime
0 500 500 0 0 (500)-100%101-7006-50150 Other Compensation
18,651 20,000 20,000 16,958 21,500 1,500 8%101-7006-50200 PERS-City Portion
3,771 3,900 3,900 3,129 3,900 0 0%101-7006-50215 Other Fringe Benefits
52,303 81,800 81,800 44,191 81,800 0 0%101-7006-50221 Medical Insurance
465 0 0 385 0 0 0%101-7006-50222 Vision Insurance
2,722 0 0 2,172 0 0 0%101-7006-50223 Dental Insurance
199 0 0 164 0 0 0%101-7006-50224 Life Insurance
1,530 1,600 1,600 1,537 1,700 100 6%101-7006-50225 Long Term Disability
14,300 14,300 14,300 7,150 14,700 400 3%101-7006-50230 Workers Comp Insurance
3,592 3,500 3,500 3,335 4,000 500 14%101-7006-50240 Social Security-Medicare
50 - Salaries and Benefits Totals:345,257 386,300 386,300 309,000 403,700 17,400 5%
60 - Contract Services
0 20,000 20,000 7,500 20,000 0 0%101-7006-60103 Professional Services
5,312 60,000 60,000 17,885 60,000 0 0%101-7006-60104 Consultants
153,419 200,000 200,000 114,335 180,000 (20,000)-10%101-7006-60144 Contract Traffic Engineer
0 20,000 20,000 4,643 20,000 0 0%101-7006-60145 Traffic Counts/Studies
33,894 250,000 250,000 26,786 100,000 (150,000)-60%101-7006-60146 PM 10 - Dust Control
60 - Contract Services Totals:192,626 550,000 550,000 171,150 380,000 (170,000)-31%
62 - Maintenance & Operations
3,921 5,000 5,000 5,294 7,000 2,000 40%101-7006-60320 Travel & Training
1,738 2,000 2,000 1,941 2,500 500 25%101-7006-60351 Membership Dues
719 500 500 0 500 0 0%101-7006-60352 Subscriptions & Publications
273 1,000 1,000 0 1,000 0 0%101-7006-60420 Operating Supplies
1,634 1,000 1,000 935 1,000 0 0%101-7006-60427 Safety Gear
1,716 2,000 2,000 701 2,000 0 0%101-7006-60690 Uniforms
62 - Maintenance & Operations Totals:10,001 11,500 11,500 8,870 14,000 2,500 22%
64 - Other Expenses
152,366 200,000 200,000 99,067 200,000 0 0%101-7006-60480 Contributions to Other Agencies
64 - Other Expenses Totals:152,366 200,000 200,000 99,067 200,000 0 0%
69 - Internal Service Charges
86,600 86,600 86,600 43,300 86,900 300 0%101-7006-98110 Information Tech Charges
69 - Internal Service Charges Totals:86,600 86,600 86,600 43,300 86,900 300 0%
7006 - Engineering Services Totals:786,850 1,234,400 1,234,400 631,386 1,084,600 (149,800)-12%
247,724 254,200 254,200 220,781 269,600 15,400
0 500 500 0 500 0
0 5,000 5,000 9,198 5,000 0
0 1,000 1,000 0 1,000 0
0 500 500 0 0 (500)
18,651 20,000 20,000 16,958 21,500 1,500
3,771 3,900 3,900 3,129 3,900 0
52,303 81,800 81,800 44,191 81,800 0
465 0 0 385 0 0
2,722 0 0 2,172 0 0
199 0 0 164 0 0
1,530 1,600 1,600 1,537 1,700 100
14,300 14,300 14,300 7,150 14,700 400
3,592 3,500 3,500 3,335 4,000 500
345,257 386,300 386,300 309,000 403,700 17,400
0 20,000 20,000 7,500 20,000 0
5,312 60,000 60,000 17,885 60,000 0
153,419 200,000 200,000 114,335 180,000 (20,000)
0 20,000 20,000 4,643 20,000 0
33,894 250,000 250,000 26,786 100,000 (150,000)
192,626 550,000 550,000 171,150 380,000 (170,000)
3,921 5,000 5,000 5,294 7,000 2,000
1,738 2,000 2,000 1,941 2,500 500
719 500 500 0 500 0
273 1,000 1,000 0 1,000 0
1,634 1,000 1,000 935 1,000 0
1,716 2,000 2,000 701 2,000 0
10,001 11,500 11,500 8,870 14,000 2,500
152,366 200,000 200,000 99,067 200,000 0
152,366 200,000 200,000 99,067 200,000 0
86,600 86,600 86,600 43,300 86,900 300
86,600 86,600 86,600 43,300 86,900 300
786,850 1,234,400 1,234,400 631,386 1,084,600 (149,800)
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
51 113
Department : 7006 - Engineering Services
Permanent Full Time 269,600.00101-7006-50101
100% - Assistant Construction Manager
100% - Construction Inspector (2)
Professional Services 20,000.00101-7006-60103
Regional scour analysis
Consultants 60,000.00101-7006-60104
Project design services
PM 10 - Dust Control 100,000.00101-7006-60146
Vacant city land dust control - near SilverRock, Highway 111
next to the Marriott Hotel, and other city owned land
Travel & Training 7,000.00101-7006-60320
Coachella Valley American Public Works Association (APWA)
meetings
California Local Technical Assistance Program (LTAP) training
Geographic Information Systems (GIS) certification
National Pollutant Discharge Elimination System (NPDES)
certification
Certified Inspector training
Membership Dues 2,500.00101-7006-60351
American Public Works Association (APWA)
Institute of Transportation Engineers (ITE)
American Society of Civil Engineers (ASCE)
Subscriptions & Publications 500.00101-7006-60352
Subdivision map act books
Contributions to Other Agencie 200,000.00101-7006-60480
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
Reimbursement agreement with the Coachella Valley
Association of Governments (CVAG) for the Avenue 48 Arts and
Music Line Project design 52 114
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
ion
266,087 326,500 326,500 235,291 346,400 19,900 6%
7,568 8,400 8,400 5,132 8,400 0 0%
483 500 500 377 500 0 0%
25,034 30,100 30,100 22,284 32,300 2,200 7%
2,614 3,900 3,900 2,136 3,900 0 0%
42,531 81,800 81,800 37,340 81,800 0 0%
520 0 0 393 0 0 0%
1,328 0 0 1,477 0 0 0%
133 0 0 112 0 0 0%
1,592 2,100 2,100 1,489 2,200 100 5%
14,300 14,300 14,300 7,150 14,700 400 3%
3,968 4,800 4,800 3,486 5,100 300 6%
469 0 0 318 0 0 0%
6001 - Design & Development Administration
50 - Salaries and Benefits
101-6001-50101 Permanent Full Time
101-6001-50110 Commissions & Boards
101-6001-50150 Other Compensation
101-6001-50200 PERS-City Portion
101-6001-50215 Other Fringe Benefits
101-6001-50221 Medical Insurance
101-6001-50222 Vision Insurance
101-6001-50223 Dental Insurance
101-6001-50224 Life Insurance
101-6001-50225 Long Term Disability
101-6001-50230 Workers Comp Insurance
101-6001-50240 Social Security-Medicare
101-6001-50241 Social Security-FICA
50 - Salaries and Benefits Totals:366,628 472,400 472,400 316,985 495,300 22,900 5%
60 - Contract Services
0 10,000 10,000 0 0 (10,000)-100%101-6001-60104 Consultants
150,354 150,000 150,000 75,979 25,000 (125,000)-83%101-6001-60122 Credit Card Fees
60 - Contract Services Totals:150,354 160,000 160,000 75,979 25,000 (135,000)-84%
62 - Maintenance & Operations
5,057 5,000 5,000 1,400 5,000 0 0%101-6001-60320 Travel & Training
500 600 600 285 600 0 0%101-6001-60351 Membership Dues
582 700 700 147 700 0 0%101-6001-60352 Subscriptions & Publications
1,282 2,000 2,000 996 2,000 0 0%101-6001-60400 Office Supplies
296 400 400 0 400 0 0%101-6001-60410 Printing
1,048 1,000 1,000 251 1,000 0 0%101-6001-60420 Operating Supplies
0 1,000 1,000 0 1,000 0 0%101-6001-60450 Advertising
62 - Maintenance & Operations Totals:8,764 10,700 10,700 3,080 10,700 0 0%
69 - Internal Service Charges
86,600 86,600 86,600 43,300 86,900 300 0%101-6001-98110 Information Tech Charges
97,100 97,100 97,100 48,550 103,300 6,200 6%101-6001-98140 Facility & Fleet Maintenance
69 - Internal Service Charges Totals:183,700 183,700 183,700 91,850 190,200 6,500 4%
6001 - Design & Development Administration Totals:709,446 826,800 826,800 487,894 721,200 (105,600)-13%
266,087 326,500 326,500 235,291 346,400 19,900
7,568 8,400 8,400 5,132 8,400 0
483 500 500 377 500 0
25,034 30,100 30,100 22,284 32,300 2,200
2,614 3,900 3,900 2,136 3,900 0
42,531 81,800 81,800 37,340 81,800 0
520 0 0 393 0 0
1,328 0 0 1,477 0 0
133 0 0 112 0 0
1,592 2,100 2,100 1,489 2,200 100
14,300 14,300 14,300 7,150 14,700 400
3,968 4,800 4,800 3,486 5,100 300
469 0 0 318 0 0
366,628 472,400 472,400 316,985 495,300 22,900
0 10,000 10,000 0 0 (10,000)
150,354 150,000 150,000 75,979 25,000 (125,000)
150,354 160,000 160,000 75,979 25,000 (135,000)
5,057 5,000 5,000 1,400 5,000 0
500 600 600 285 600 0
582 700 700 147 700 0
1,282 2,000 2,000 996 2,000 0
296 400 400 0 400 0
1,048 1,000 1,000 251 1,000 0
0 1,000 1,000 0 1,000 0
8,764 10,700 10,700 3,080 10,700 0
86,600 86,600 86,600 43,300 86,900 300
97,100 97,100 97,100 48,550 103,300 6,200
183,700 183,700 183,700 91,850 190,200 6,500
709,446 826,800 826,800 487,894 721,200 (105,600)
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
53 115
Department : 6001 - Design & Development Administration
Permanent Full Time 346,400.00101-6001-50101
100% - Design & Development Director
100% - Administrative Technician
100% - Administrative Assistant
Travel & Training 5,000.00101-6001-60320
Staff professional development
American Planning Association (APA) Conference
Membership Dues 600.00101-6001-60351
American Public Works Association (APWA)
Subscriptions & Publications 700.00101-6001-60352
The Desert Sun
Printing 400.00101-6001-60410
Materials for community events
Advertising 1,000.00101-6001-60450
Public noticing requirements
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
54 116
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
6002 - Planning
50 - Salaries and Benefits
292,489 417,600 417,600 339,674 441,700 24,100 6%101-6002-50101 Permanent Full Time
24,010 35,200 35,200 28,440 37,500 2,300 7%101-6002-50200 PERS-City Portion
3,471 5,200 5,200 4,029 5,200 0 0%101-6002-50215 Other Fringe Benefits
62,407 109,100 109,100 78,171 109,100 0 0%101-6002-50221 Medical Insurance
538 0 0 701 0 0 0%101-6002-50222 Vision Insurance
2,240 0 0 3,405 0 0 0%101-6002-50223 Dental Insurance
183 0 0 211 0 0 0%101-6002-50224 Life Insurance
1,833 2,700 2,700 2,315 2,800 100 4%101-6002-50225 Long Term Disability
14,300 14,300 14,300 7,150 14,700 400 3%101-6002-50230 Workers Comp Insurance
4,241 6,100 6,100 4,925 6,500 400 7%101-6002-50240 Social Security-Medicare
50 - Salaries and Benefits Totals:405,712 590,200 590,200 469,020 617,500 27,300 5%
60 - Contract Services
49,563 150,000 150,000 22,848 760,000 610,000 407%101-6002-60103 Professional Services
60 - Contract Services Totals:49,563 150,000 150,000 22,848 760,000 610,000 407%
62 - Maintenance & Operations
7,460 14,000 14,000 6,175 16,400 2,400 17%101-6002-60320 Travel & Training
250 500 500 700 13,000 12,500 2,500%101-6002-60351 Membership Dues
0 600 600 589 600 0 0%101-6002-60352 Subscriptions & Publications
10,461 15,000 15,000 10,808 15,000 0 0%101-6002-60450 Advertising
62 - Maintenance & Operations Totals:18,171 30,100 30,100 18,271 45,000 14,900 50%
69 - Internal Service Charges
86,600 86,600 86,600 43,300 86,900 300 0%101-6002-98110 Information Tech Charges
69 - Internal Service Charges Totals:86,600 86,600 86,600 43,300 86,900 300 0%
6002 - Planning Totals:560,046 856,900 856,900 553,440 1,509,400 652,500 76%
292,489 417,600 417,600 339,674 441,700 24,100
24,010 35,200 35,200 28,440 37,500 2,300
3,471 5,200 5,200 4,029 5,200 0
62,407 109,100 109,100 78,171 109,100 0
538 0 0 701 0 0
2,240 0 0 3,405 0 0
183 0 0 211 0 0
1,833 2,700 2,700 2,315 2,800 100
14,300 14,300 14,300 7,150 14,700 400
4,241 6,100 6,100 4,925 6,500 400
405,712 590,200 590,200 469,020 617,500 27,300
49,563 150,000 150,000 22,848 760,000 610,000
49,563 150,000 150,000 22,848 760,000 610,000
7,460 14,000 14,000 6,175 16,400 2,400
250 500 500 700 13,000 12,500
0 600 600 589 600 0
10,461 15,000 15,000 10,808 15,000 0
18,171 30,100 30,100 18,271 45,000 14,900
86,600 86,600 86,600 43,300 86,900 300
86,600 86,600 86,600 43,300 86,900 300
560,046 856,900 856,900 553,440 1,509,400 652,500
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
55 117
Department : 6002 - Planning
Permanent Full Time 441,700.00101-6002-50101
100% - Planning Manager
100% - Senior Planner
100% - Associate Planner
100% - Assistant Planner
Professional Services 760,000.00101-6002-60103
Professional planning
Environmental services
Specific plan amendments
GIS consulting services
Historical Survey
Travel & Training 16,400.00101-6002-60320
Staff professional development
Planning Commissioners Academy- League of Cities
American Planning Association (APA) Conference
Membership Dues 13,000.00101-6002-60351
American Planning Association (APA)
Subscriptions & Publications 600.00101-6002-60352
International Cost Engineering Council - CEQA books
Subdivision Map Act
Planning and zoning laws
Advertising 15,000.00101-6002-60450
Planning hearing notices
Public notification requirements for city and development
projects - Desert Sun
Outreach workshops
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
56 118
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
6003 - Building
50 - Salaries and Benefits
545,308 575,700 575,700 478,047 595,200 19,500 3%101-6003-50101 Permanent Full Time
21,429 20,000 20,000 23,397 20,000 0 0%101-6003-50105 Salaries - Overtime
1,931 2,000 2,000 1,509 2,000 0 0%101-6003-50150 Other Compensation
49,212 54,000 54,000 43,857 56,000 2,000 4%101-6003-50200 PERS-City Portion
6,485 7,800 7,800 5,215 7,800 0 0%101-6003-50215 Other Fringe Benefits
142,444 163,600 163,600 123,727 163,600 0 0%101-6003-50221 Medical Insurance
1,436 0 0 1,276 0 0 0%101-6003-50222 Vision Insurance
6,321 0 0 6,041 0 0 0%101-6003-50223 Dental Insurance
398 0 0 328 0 0 0%101-6003-50224 Life Insurance
3,379 3,700 3,700 3,347 3,800 100 3%101-6003-50225 Long Term Disability
28,600 28,600 28,600 14,300 28,900 300 1%101-6003-50230 Workers Comp Insurance
8,225 8,400 8,400 7,277 8,700 300 4%101-6003-50240 Social Security-Medicare
50 - Salaries and Benefits Totals:815,171 863,800 863,800 708,321 886,000 22,200 3%
60 - Contract Services
411,429 350,000 350,000 137,414 300,000 (50,000)-14%101-6003-60118 Plan Checks
60 - Contract Services Totals:411,429 350,000 350,000 137,414 300,000 (50,000)-14%
62 - Maintenance & Operations
3,702 4,000 4,000 3,560 6,500 2,500 63%101-6003-60320 Travel & Training
245 1,000 1,000 0 1,000 0 0%101-6003-60351 Membership Dues
506 1,500 1,500 0 4,700 3,200 213%101-6003-60352 Subscriptions & Publications
150 600 600 0 600 0 0%101-6003-60420 Operating Supplies
104 1,000 1,000 94 1,000 0 0%101-6003-60425 Supplies - Field
517 2,000 2,000 2,191 2,000 0 0%101-6003-60690 Uniforms
62 - Maintenance & Operations Totals:5,225 10,100 10,100 5,846 15,800 5,700 56%
69 - Internal Service Charges
173,200 173,200 173,200 86,600 173,900 700 0%101-6003-98110 Information Tech Charges
116,500 116,500 116,500 58,250 124,000 7,500 6%101-6003-98140 Facility & Fleet Maintenance
69 - Internal Service Charges Totals:289,700 289,700 289,700 144,850 297,900 8,200 3%
6003 - Building Totals:1,521,525 1,513,600 1,513,600 996,430 1,499,700 (13,900)-1%
545,308 575,700 575,700 478,047 595,200 19,500
21,429 20,000 20,000 23,397 20,000 0
1,931 2,000 2,000 1,509 2,000 0
49,212 54,000 54,000 43,857 56,000 2,000
6,485 7,800 7,800 5,215 7,800 0
142,444 163,600 163,600 123,727 163,600 0
1,436 0 0 1,276 0 0
6,321 0 0 6,041 0 0
398 0 0 328 0 0
3,379 3,700 3,700 3,347 3,800 100
28,600 28,600 28,600 14,300 28,900 300
8,225 8,400 8,400 7,277 8,700 300
815,171 863,800 863,800 708,321 886,000 22,200
411,429 350,000 350,000 137,414 300,000 (50,000)
411,429 350,000 350,000 137,414 300,000 (50,000)
3,702 4,000 4,000 3,560 6,500 2,500
245 1,000 1,000 0 1,000 0
506 1,500 1,500 0 4,700 3,200
150 600 600 0 600 0
104 1,000 1,000 94 1,000 0
517 2,000 2,000 2,191 2,000 0
5,225 10,100 10,100 5,846 15,800 5,700
173,200 173,200 173,200 86,600 173,900 700
116,500 116,500 116,500 58,250 124,000 7,500
289,700 289,700 289,700 144,850 297,900 8,200
1,521,525 1,513,600 1,513,600 996,430 1,499,700 (13,900)
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
57 119
Department : 6003 - Building
Permanent Full Time 595,200.00101-6003-50101
100% - Building Official
100% - Deputy Building Official
100% - Plans Examiner
100% - Senior Building Inspector (2)
100% - Building Inspector
Plan Checks 300,000.00101-6003-60118
Consulting services as needed to support plan check review
services
Travel & Training 6,500.00101-6003-60320
CA Building Officials (CALBO)
International Code Council certifications
Membership Dues 1,000.00101-6003-60351
CA Building Officials (CALBO)
International Association of Plumbing and Mechanical Officials
(IAPMO)
Subscriptions & Publications 4,700.00101-6003-60352
Updated California Building Code books and other professional
subscriptions
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
58 120
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
6006 - The Hub
50 - Salaries and Benefits
580,091 728,325 728,325 564,906 688,000 (40,325)-6%101-6006-50101 Permanent Full Time
57,981 89,200 89,200 0 0 (89,200)-100%101-6006-50102 Salaries - Part Time
37 0 0 0 0 0 0%101-6006-50105 Salaries - Overtime
58,185 67,200 67,200 52,899 65,400 (1,800)-3%101-6006-50200 PERS-City Portion
9,456 11,700 11,700 8,644 10,400 (1,300)-11%101-6006-50215 Other Fringe Benefits
168,688 245,400 245,400 163,162 218,200 (27,200)-11%101-6006-50221 Medical Insurance
1,587 0 0 1,507 0 0 0%101-6006-50222 Vision Insurance
8,479 0 0 7,315 0 0 0%101-6006-50223 Dental Insurance
493 0 0 463 0 0 0%101-6006-50224 Life Insurance
3,574 4,600 4,600 3,851 4,400 (200)-4%101-6006-50225 Long Term Disability
42,900 42,900 42,900 21,450 43,100 200 0%101-6006-50230 Workers Comp Insurance
9,253 10,600 10,600 8,191 10,000 (600)-6%101-6006-50240 Social Security-Medicare
50 - Salaries and Benefits Totals:940,723 1,199,925 1,199,925 832,387 1,039,500 (160,425)-13%
60 - Contract Services
40,373 25,000 25,000 0 15,000 (10,000)-40%101-6006-60125 Temporary Agency Services
60 - Contract Services Totals:40,373 25,000 25,000 0 15,000 (10,000)-40%
62 - Maintenance & Operations
2,727 10,000 10,000 1,496 10,000 0 0%101-6006-60320 Travel & Training
150 150 150 0 150 0 0%101-6006-60351 Membership Dues
2,611 5,000 5,000 1,388 5,000 0 0%101-6006-60420 Operating Supplies
62 - Maintenance & Operations Totals:5,488 15,150 15,150 2,883 15,150 0 0%
69 - Internal Service Charges
259,800 259,800 259,800 129,900 260,100 300 0%101-6006-98110 Information Tech Charges
69 - Internal Service Charges Totals:259,800 259,800 259,800 129,900 260,100 300 0%
6006 - The Hub Totals:1,246,383 1,499,875 1,499,875 965,170 1,329,750 (170,125)-11%
580,091 728,325 728,325 564,906 688,000 (40,325)
57,981 89,200 89,200 0 0 (89,200)
37 0 0 0 0 0
58,185 67,200 67,200 52,899 65,400 (1,800)
9,456 11,700 11,700 8,644 10,400 (1,300)
168,688 245,400 245,400 163,162 218,200 (27,200)
1,587 0 0 1,507 0 0
8,479 0 0 7,315 0 0
493 0 0 463 0 0
3,574 4,600 4,600 3,851 4,400 (200)
42,900 42,900 42,900 21,450 43,100 200
9,253 10,600 10,600 8,191 10,000 (600)
940,723 1,199,925 1,199,925 832,387 1,039,500 (160,425)
40,373 25,000 25,000 0 15,000 (10,000)
40,373 25,000 25,000 0 15,000 (10,000)
2,727 10,000 10,000 1,496 10,000 0
150 150 150 0 150 0
2,611 5,000 5,000 1,388 5,000 0
5,488 15,150 15,150 2,883 15,150 0
259,800 259,800 259,800 129,900 260,100 300
259,800 259,800 259,800 129,900 260,100 300
1,246,383 1,499,875 1,499,875 965,170 1,329,750 (170,125)
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
59 121
Department : 6006 - The Hub
Permanent Full Time 688,000.00101-6006-50101
100% - Hub Manager
100% - Sr. Permit Technician
100% - Data Reporting Specialist
100% - Permit Technician (4)
100% - Administrative Assistant
Travel & Training 10,000.00101-6006-60320
Tyler Annual Conference
California Municipal Revenue & Tax Annual Conference
Structured Query Language (SQL) training
Fred Pryor- Technical & management training
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
60 122
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
1006 - Finance
50 - Salaries and Benefits
913,431 1,037,600 1,037,600 721,555 1,122,400 84,800 8%101-1006-50101 Permanent Full Time
2,419 0 0 466 0 0 0%101-1006-50105 Salaries - Overtime
1,950 3,700 3,700 1,875 3,700 0 0%101-1006-50110 Commissions & Boards
87,886 101,400 101,400 74,674 114,100 12,700 13%101-1006-50200 PERS-City Portion
12 0 0 308 0 0 0%101-1006-50201 PERS-Employee Portion
(1)0 0 (1)0 0 0%101-1006-50210 PERS-Survivor Benefits
11,625 12,900 12,900 8,240 14,200 1,300 10%101-1006-50215 Other Fringe Benefits
198,146 270,000 270,000 168,064 324,500 54,500 20%101-1006-50221 Medical Insurance
1,983 0 0 1,644 0 0 0%101-1006-50222 Vision Insurance
8,418 0 0 6,924 0 0 0%101-1006-50223 Dental Insurance
588 0 0 432 0 0 0%101-1006-50224 Life Insurance
5,588 6,600 6,600 4,802 7,100 500 8%101-1006-50225 Long Term Disability
47,200 47,200 47,200 23,600 47,500 300 1%101-1006-50230 Workers Comp Insurance
13,308 15,100 15,100 10,959 17,200 2,100 14%101-1006-50240 Social Security-Medicare
121 0 0 116 0 0 0%101-1006-50241 Social Security-FICA
0 0 0 31,910 56,600 56,600 0%101-1006-50251 Temporary
50 - Salaries and Benefits Totals:1,292,675 1,494,500 1,494,500 1,055,568 1,707,300 212,800 14%
60 - Contract Services
13,969 30,000 30,000 7,541 25,000 (5,000)-17%101-1006-60102 Administration
32,826 70,000 70,000 40,375 70,000 0 0%101-1006-60103 Professional Services
50,498 70,000 70,000 30,347 50,000 (20,000)-29%101-1006-60104 Consultants
80,880 110,000 110,000 73,240 110,000 0 0%101-1006-60106 Auditors
(292)1,500 1,500 1,060 1,500 0 0%101-1006-60122 Credit Card Fees
60 - Contract Services Totals:177,881 281,500 281,500 152,564 256,500 (25,000)-9%
62 - Maintenance & Operations
474 1,500 1,500 0 1,500 0 0%101-1006-60137 Community Engagement
13,875 25,000 25,000 10,155 25,000 0 0%101-1006-60320 Travel & Training
3,634 4,000 4,000 3,239 4,000 0 0%101-1006-60351 Membership Dues
1,784 2,200 2,200 2,050 2,200 0 0%101-1006-60352 Subscriptions & Publications
3,754 3,000 3,000 2,951 4,000 1,000 33%101-1006-60400 Office Supplies
3,392 5,000 5,000 1,562 5,000 0 0%101-1006-60410 Printing
321 1,000 1,000 552 1,000 0 0%101-1006-60450 Advertising
62 - Maintenance & Operations Totals:27,233 41,700 41,700 20,509 42,700 1,000 2%
69 - Internal Service Charges
285,800 285,800 285,800 142,900 286,000 200 0%101-1006-98110 Information Tech Charges
69 - Internal Service Charges Totals:285,800 285,800 285,800 142,900 286,000 200 0%
1006 - Finance Totals:1,783,589 2,103,500 2,103,500 1,371,541 2,292,500 189,000 9%
913,431 1,037,600 1,037,600 721,555 1,122,400 84,800
2,419 0 0 466 0 0
1,950 3,700 3,700 1,875 3,700 0
87,886 101,400 101,400 74,674 114,100 12,700
12 0 0 308 0 0
(1)0 0 (1)0 0
11,625 12,900 12,900 8,240 14,200 1,300
198,146 270,000 270,000 168,064 324,500 54,500
1,983 0 0 1,644 0 0
8,418 0 0 6,924 0 0
588 0 0 432 0 0
5,588 6,600 6,600 4,802 7,100 500
47,200 47,200 47,200 23,600 47,500 300
13,308 15,100 15,100 10,959 17,200 2,100
121 0 0 116 0 0
0 0 0 31,910 56,600 56,600
1,292,675 1,494,500 1,494,500 1,055,568 1,707,300 212,800
13,969 30,000 30,000 7,541 25,000 (5,000)
32,826 70,000 70,000 40,375 70,000 0
50,498 70,000 70,000 30,347 50,000 (20,000)
80,880 110,000 110,000 73,240 110,000 0
(292)1,500 1,500 1,060 1,500 0
177,881 281,500 281,500 152,564 256,500 (25,000)
474 1,500 1,500 0 1,500 0
13,875 25,000 25,000 10,155 25,000 0
3,634 4,000 4,000 3,239 4,000 0
1,784 2,200 2,200 2,050 2,200 0
3,754 3,000 3,000 2,951 4,000 1,000
3,392 5,000 5,000 1,562 5,000 0
321 1,000 1,000 552 1,000 0
27,233 41,700 41,700 20,509 42,700 1,000
285,800 285,800 285,800 142,900 286,000 200
285,800 285,800 285,800 142,900 286,000 200
1,783,589 2,103,500 2,103,500 1,371,541 2,292,500 189,000
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
61 123
Department : 1006 - Finance
Permanent Full Time 1,122,400.00101-1006-50101
90% - Finance Director (10% Housing Fund)
100% - Finance Manager
100% - Principal Management Analyst
100% - Sr. Accountant
100% - Accountant
100% - Jr. Accountant
100% - Sr. Finance Technician
100% - Finance Technician (2)
100% - Administrative Technician
Administration 25,000.00101-1006-60102
Bank service fees
Fiscal custodian fees
Professional Services 70,000.00101-1006-60103
Financial Advisory Commission Subcommittee Support
Professional accounting support
Armored Car Services
Annual Budget-at-a-Glance
Third party audits & policy verifications
State Controller's Report – Citywide
Pension Plan Review Consulting Services
OPEB annual third-party valuation, retiree health
Consultants 50,000.00101-1006-60104
Property tax revenue analysis
Sales tax revenue analysis
Community Engagement 1,500.00101-1006-60137
Community workshop and budget outreach
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
62 124
California Society of Municipal Finance Officers (CSMFO) Annual
Conference
California Municipal Treasurers Association (CMTA) Conference
League of California Cities Conference
Tyler ERP 10 training - Financial software
Annual GASB update training
Various half-day classes: CSMFO, GFOA, CAPPO
Membership Dues 4,000.00101-1006-60351
CA Municipal Finance Officers Association (CSMFO)
CA Municipal Treasurer Association (CMTA)
Government Finance Officers Association (GFOA)
CA Assoc. of Public Procurement Officials (CAPPO)
UCLA Economic Forecast
Subscriptions & Publications 2,200.00101-1006-60352
Annual Comprehensive Financial Report (ACFR) statistical data
reports
Printing 5,000.00101-1006-60410
Accounts Payable and Payroll checks
Budget and financial reports - covers and tabs
Financial Advisory Commission reports
Advertising 1,000.00101-1006-60450
Newspaper advertisements for surplus sales and Request for
Proposals
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
Travel & Training 25,000.00101-1006-60320
63 125
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
1007 - Central Services
50 - Salaries and Benefits
209,930 150,000 150,000 137,099 150,000 0 0%101-1007-50109 Vacation & Sick Leave Buy Back
0 1,000,000 1,000,000 0 500,000 (500,000)-50%101-1007-50115 Contingency for Stafffing
955,108 200,000 200,000 125,514 350,000 150,000 75%101-1007-50117 PERS - Unfunded Pension Liability
3,044 0 0 1,988 0 0 0%101-1007-50240 Social Security-Medicare
27,249 35,000 35,000 23,139 35,000 0 0%101-1007-50243 Employer Contrib Retiree Med PERS
462 25,000 25,000 7,331 25,000 0 0%101-1007-50244 State Unemployment Insurance
50 - Salaries and Benefits Totals:1,195,793 1,410,000 1,410,000 295,071 1,060,000 (350,000)-25%
62 - Maintenance & Operations
120 200 200 130 200 0 0%101-1007-60351 Membership Dues
0 1,000 1,000 1,722 2,000 1,000 100%101-1007-60401 Operating Supplies
4,464 5,000 5,000 2,307 5,000 0 0%101-1007-60402 Forms, Copier Paper
12,716 10,500 10,500 10,399 12,000 1,500 14%101-1007-60403 Citywide Supplies
0 1,000 1,000 0 1,000 0 0%101-1007-60405 Miscellaneous Supplies
18,879 25,000 25,000 16,774 20,000 (5,000)-20%101-1007-60470 Postage
49,995 100,000 450,000 0 100,000 (350,000)-78%101-1007-60536 TOT Resort Rebate Program
11,886 13,000 13,000 11,421 13,000 0 0%101-1007-60661 Postage Machine
62 - Maintenance & Operations Totals:98,060 155,700 505,700 42,753 153,200 (352,500)-70%
68 - Capital Expenses
2,880 20,000 20,000 0 20,000 0 0%101-1007-74010 Land Acquisition
68 - Capital Expenses Totals:2,880 20,000 20,000 0 20,000 0 0%
69 - Internal Service Charges
556,000 556,000 556,000 278,000 563,000 7,000 1%101-1007-91842 Liability Insurance & Claims
28,500 28,500 28,500 14,250 29,000 500 2%101-1007-91843 Property & Crime Insurance
70,000 70,000 70,000 35,000 74,000 4,000 6%101-1007-91844 Earthquake Insurance
144,400 144,400 144,400 72,200 144,900 500 0%101-1007-98110 Information Tech Charges
77,000 77,000 77,000 38,500 82,000 5,000 6%101-1007-98140 Facility & Fleet Maintenance
69 - Internal Service Charges Totals:875,900 875,900 875,900 437,950 892,900 17,000 2%
99 - Transfers Out
15,768,244 21,474,000 43,365,520 3,742,359 24,609,000 (18,756,520)-43%101-1007-99900 Transfers Out
99 - Transfers Out Totals:15,768,244 21,474,000 43,365,520 3,742,359 24,609,000 (18,756,520)
-43%
1007 - Central Services Totals:17,940,877 23,935,600 46,177,120 4,518,134 26,735,100 (19,442,020)
-42%
209,930 150,000 150,000 137,099 150,000 0
0 1,000,000 1,000,000 0 500,000 (500,000)
955,108 200,000 200,000 125,514 350,000 150,000
3,044 0 0 1,988 0 0
27,249 35,000 35,000 23,139 35,000 0
462 25,000 25,000 7,331 25,000 0
1,195,793 1,410,000 1,410,000 295,071 1,060,000 (350,000)
120 200 200 130 200 0
0 1,000 1,000 1,722 2,000 1,000
4,464 5,000 5,000 2,307 5,000 0
12,716 10,500 10,500 10,399 12,000 1,500
0 1,000 1,000 0 1,000 0
18,879 25,000 25,000 16,774 20,000 (5,000)
49,995 100,000 450,000 0 100,000 (350,000)
11,886 13,000 13,000 11,421 13,000 0
98,060 155,700 505,700 42,753 153,200 (352,500)
2,880 20,000 20,000 0 20,000 0
2,880 20,000 20,000 0 20,000 0
556,000 556,000 556,000 278,000 563,000 7,000
28,500 28,500 28,500 14,250 29,000 500
70,000 70,000 70,000 35,000 74,000 4,000
144,400 144,400 144,400 72,200 144,900 500
77,000 77,000 77,000 38,500 82,000 5,000
875,900 875,900 875,900 437,950 892,900 17,000
15,768,244 21,474,000 43,365,520 3,742,359 24,609,000 (18,756,520)
15,768,244 21,474,000 43,365,520 3,742,359 24,609,000 (18,756,520)
17,940,877 23,935,600 46,177,120 4,518,134 26,735,100 (19,442,020)
CITY OF LA QUINTA GENERAL FUND EXPENSES FY 2025/26 PROPOSED BUDGET
64 126
Department : 1007 - Central Services
Contingency for Stafffing 500,000.00101-1007-50115
Workforce flexibility
Work within Class and Compensation structure
Manage CalPERS increases
Ensure job rates reflect market rates
PERS - Unfunded Pension Liabi 350,000.00101-1007-50117
Annual minimum CalPERS requirement to long-term pension
liability. Based on valuation reports - inflation assumed at
2.3% with discount rate of 6.8%. Contribution per pension tier
is as follows:
Tier 1 - Classic $340,000
Tier 2 - $2,500
PEPRA Tier - $7,500
Membership Dues 200.00
101-1007-60351
Costco membership
TOT Resort Rebate Program 100,000.00101-1007-60536
To promote new tourism activities within the City and encourage
citywide participation and innovation proposals; rebate for hotels
collecting resort fees up to $50,000 per proposal
Land Acquisition 20,000.00101-1007-74010
Engineering maps, property survey & title search services
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
65 127
CIP GF - Cultural Campus 1,550,000
CIP GF - LLD Median Improvements 500,000
CIP GF - Miles Ave Pavement Rehabilitation 1,600,000
CIP GF - Sidewalk & ADA Ramp Improvements 75,000
CIP GF - Washington Street Pavement Rehabilitatio 100,000
Gas Tax Fund - Supplement Operations 500,000
Law Enforcement Fund - Deceased LQ Officers 2,000
LLD Fund - Supplement Maint. Operations 2,500,000
Measure G - Citywide PMP Street Improvements 2,000,000
Measure G - Cultural Campus 1,200,000
Measure G - Hwy 111 Corridor Implementation 1,000,000
Measure G - Maintenance & Operations Yard 9,800,000
Measure G - Miles Ave Pavement Rehabilitation 1,000,000
PARS Supplemental Pension Plan 5,000
SilverRock Resort 500,000
CITY OF LA QUINTA GENERAL FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
Transfers Out 24,609,000.00101-1007-99900
Amount
50,000
250,000
477,000
1,000,000
Art in Public Places - Maintenance/Installation
CIP GF - Bear Creek Trailhead Restroom
CIP GF - Citywide Drainage Improvements
CIP GF - Citywide PMP Street Improvements
CIP GF - Citywide Striping Refresh 500,000
66 128
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
501 - FACILITY & FLEET REPLACEMENT
0000 - Undesignated
60 - Contract Services
1,587 0 0 0 0 0 0%501-0000-60213 Interest Expense
60 - Contract Services Totals:1,587 0 0 0 0 0 0%
62 - Maintenance & Operations
813 0 0 0 0 0 0%501-0000-60448 Vehicle Registrations
119,877 155,000 155,000 81,375 100,000 (55,000)-35%501-0000-60674 Fuel & Oil
18,639 50,000 180,000 12,516 100,000 (80,000)-44%501-0000-60675 Parts, Accessories, and Upfits
91,368 100,000 100,000 64,220 100,000 0 0%501-0000-60676 Vehicle Repair & Maintenance
170 0 0 131 0 0 0%501-0000-60678 Street Sweeper
16,434 10,000 10,000 18,774 20,000 10,000 100%501-0000-60679 Motorcycle Repair & Maintenance
62 - Maintenance & Operations Totals:247,300 315,000 445,000 177,017 320,000 (125,000)-28%
63 - Insurance
14,080 13,750 13,750 7,040 13,950 200 1%501-0000-91843 Property & Crime Insurance
63 - Insurance Totals:14,080 13,750 13,750 7,040 13,950 200 1%
68 - Capital Expenses
10,006 25,000 25,000 20,140 65,000 40,000 160%501-0000-71020 Furniture
2,613 30,000 30,000 0 5,000 (25,000)-83%501-0000-71030 Vehicles, Rentals & Leases
15,414 75,000 75,000 (90)75,000 0 0%501-0000-71031 Vehicles, Purchased
2,982 40,000 40,000 33,974 46,000 6,000 15%501-0000-71032 Building Leases
103,440 700,000 875,000 636,104 600,000 (275,000)-31%501-0000-71103 City Bldg Repl/Repair
2,002 0 0 0 0 0 0%501-0000-71110 Depreciation Expense
91,035 50,000 50,000 0 80,000 30,000 60%501-0000-71111 Deprec Exp - Mach & Equip
14,209 25,000 25,000 0 50,000 25,000 100%501-0000-71112 Depreciation Expense - Buildings & Improvements
358,773 100,000 100,000 0 350,000 250,000 250%501-0000-71113 Depreciation Expense - Vehicles
22,844 5,000 5,000 0 15,000 10,000 200%501-0000-71114 Depreciation Expense - Motorcycle
527 0 0 0 550 550 0%501-0000-71121 Depreciation Expense - Public Safety
32,809 0 0 0 25,000 25,000 0%501-0000-71124 Depreciation Expense - Public Works
2,809 200,000 700,000 578,671 50,000 (650,000)-93%501-0000-80100 Machinery & Equipment
68 - Capital Expenses Totals:659,465 1,250,000 1,925,000 1,268,800 1,361,550 (563,450)-29%
99 - Transfers Out
350 50,000 281,614 0 50,000 (231,614)-82%501-0000-99900 Transfers Out
99 - Transfers Out Totals:350 50,000 281,614 0 50,000 (231,614)-82%
0000 - Undesignated Totals:922,782 1,628,750 2,665,364 1,452,856 1,745,500 (919,864)-35%
501 - FACILITY & FLEET REPLACEMENT Totals:922,782 1,628,750 2,665,364 1,452,856 1,745,500 (919,864)-35%
1,587 0 0 0 0 0
1,587 0 0 0 0 0
813 0 0 0 0 0
119,877 155,000 155,000 81,375 100,000 (55,000)
18,639 50,000 180,000 12,516 100,000 (80,000)
91,368 100,000 100,000 64,220 100,000 0
170 0 0 131 0 0
16,434 10,000 10,000 18,774 20,000 10,000
247,300 315,000 445,000 177,017 320,000 (125,000)
14,080 13,750 13,750 7,040 13,950 200
14,080 13,750 13,750 7,040 13,950 200
10,006 25,000 25,000 20,140 65,000 40,000
2,613 30,000 30,000 0 5,000 (25,000)
15,414 75,000 75,000 (90)75,000 0
2,982 40,000 40,000 33,974 46,000 6,000
103,440 700,000 875,000 636,104 600,000 (275,000)
2,002 0 0 0 0 0
91,035 50,000 50,000 0 80,000 30,000
14,209 25,000 25,000 0 50,000 25,000
358,773 100,000 100,000 0 350,000 250,000
22,844 5,000 5,000 0 15,000 10,000
527 0 0 0 550 550
32,809 0 0 0 25,000 25,000
2,809 200,000 700,000 578,671 50,000 (650,000)
659,465 1,250,000 1,925,000 1,268,800 1,361,550 (563,450)
350 50,000 281,614 0 50,000 (231,614)
350 50,000 281,614 0 50,000 (231,614)
922,782 1,628,750 2,665,364 1,452,856 1,745,500 (919,864)
922,782 1,628,750 2,665,364 1,452,856 1,745,500 (919,864)
CITY OF LA QUINTA INTERNAL SERVICE FUND EXPENSES FY 2025/26 PROPOSED BUDGET
67 129
Fund: 501 - FACILITY & FLEET REPLACEMENT
Vehicles, Rentals & Leases 5,000.00501-0000-71030
City vehicles are leased through Enterprise
City Bldg Repl/Repair 600,000.00501-0000-71103
Building repairs to include interior/exterior painting
Machinery & Equipment 50,000.00501-0000-80100
Decrease due to major equipment purchased in 2024/25; miscellaneous
machinery/equipment anticipated in upcoming fiscal year
CITY OF LA QUINTA INTERNAL SERVICE FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
68 130
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
502 - INFORMATION TECHNOLOGY
0000 - Undesignated
50 - Salaries and Benefits
37,114 37,200 37,200 34,889 41,900 4,700 13%502-0000-50101 Permanent Full Time
2,773 2,900 2,900 2,651 3,400 500 17%502-0000-50200 PERS-City Portion
523 520 520 417 520 0 0%502-0000-50215 Other Fringe Benefits
5,501 9,600 9,600 4,511 11,000 1,400 15%502-0000-50221 Medical Insurance
21 0 0 28 0 0 0%502-0000-50222 Vision Insurance
172 0 0 179 0 0 0%502-0000-50223 Dental Insurance
27 0 0 22 0 0 0%502-0000-50224 Life Insurance
227 300 300 230 300 0 0%502-0000-50225 Long Term Disability
538 600 600 506 700 100 17%502-0000-50240 Social Security-Medicare
50 - Salaries and Benefits Totals:46,896 51,120 51,120 43,433 57,820 6,700 13%
60 - Contract Services
530,751 480,000 480,000 465,105 1,550,000 1,070,000 223%502-0000-60104 Consultants
42,294 65,000 65,000 0 9,000 (56,000)-86%502-0000-60108 Technical
14,124 0 0 0 0 0 0%502-0000-60213 SBITA Interest Expense
31,761 33,125 33,125 20,990 33,000 (125)0%502-0000-60300 Maintenance Agreements
561,226 900,000 900,000 679,043 900,000 0 0%502-0000-60301 Software Licenses
60 - Contract Services Totals:1,180,156 1,478,125 1,478,125 1,165,137 2,492,000 1,013,875
69%
62 - Maintenance & Operations
2,947 500 500 0 1,500 1,000 200%502-0000-60320 Travel & Training
390 0 0 120 0 0 0%502-0000-60351 Membership Dues
11,612 5,000 5,000 6,084 8,000 3,000 60%502-0000-60420 Operating Supplies
11,913 80,000 80,000 11,387 80,000 0 0%502-0000-60662 Copiers
62 - Maintenance & Operations Totals:26,862 85,500 85,500 17,591 89,500 4,000 5%
66 - Utilities
45,566 35,000 35,000 30,016 35,000 0 0%502-0000-61300 Telephone - Utilities
56,128 60,000 60,000 39,887 60,000 0 0%502-0000-61301 Cell/Mobile Phones
89,932 85,000 85,000 81,829 90,000 5,000 6%502-0000-61400 Cable/Internet - Utilities
66 - Utilities Totals:191,626 180,000 180,000 151,732 185,000 5,000 3%
68 - Capital Expenses
0 13,000 13,000 0 13,000 0 0%502-0000-71047 City Clerk, Software Enhancements
(36,060)500,000 500,000 21,676 250,000 (250,000)-50%502-0000-71049 Software Implementation/Enhancements
0 5,000 5,000 0 5,000 0 0%502-0000-71110 Depreciation Expense
54,568 60,000 60,000 0 60,000 0 0%502-0000-71111 Deprec Exp - Mach & Equip
403,737 70,000 70,000 0 70,000 0 0%502-0000-71115 Depreciation Expense - Software
1,267 0 0 0 0 0 0%502-0000-71122 Depreciation Expense - Community Services
243,154 495,200 645,200 343,788 500,000 (145,200)-23%502-0000-80100 Machinery & Equipment
102,060 280,000 280,000 14,840 280,000 0 0%502-0000-80103 Computers
68 - Capital Expenses Totals:768,726 1,423,200 1,573,200 380,304 1,178,000 (395,200)-25%
0000 - Undesignated Totals:2,214,266 3,217,945 3,367,945 1,758,196 4,002,320 634,375 19%
502 - INFORMATION TECHNOLOGY Totals:2,214,266 3,217,945 3,367,945 1,758,196 4,002,320 634,375 19%
37,114 37,200 37,200 34,889 41,900 4,700
2,773 2,900 2,900 2,651 3,400 500
523 520 520 417 520 0
5,501 9,600 9,600 4,511 11,000 1,400
21 0 0 28 0 0
172 0 0 179 0 0
27 0 0 22 0 0
227 300 300 230 300 0
538 600 600 506 700 100
46,896 51,120 51,120 43,433 57,820 6,700
530,751 480,000 480,000 465,105 1,550,000 1,070,000
42,294 65,000 65,000 0 9,000 (56,000)
14,124 0 0 0 0 0
31,761 33,125 33,125 20,990 33,000 (125)
561,226 900,000 900,000 679,043 900,000 0
1,180,156 1,478,125 1,478,125 1,165,137 2,492,000 1,013,875
2,947 500 500 0 1,500 1,000
390 0 0 120 0 0
11,612 5,000 5,000 6,084 8,000 3,000
11,913 80,000 80,000 11,387 80,000 0
26,862 85,500 85,500 17,591 89,500 4,000
45,566 35,000 35,000 30,016 35,000 0
56,128 60,000 60,000 39,887 60,000 0
89,932 85,000 85,000 81,829 90,000 5,000
191,626 180,000 180,000 151,732 185,000 5,000
0 13,000 13,000 0 13,000 0
(36,060)500,000 500,000 21,676 250,000 (250,000)
0 5,000 5,000 0 5,000 0
54,568 60,000 60,000 0 60,000 0
403,737 70,000 70,000 0 70,000 0
1,267 0 0 0 0 0
243,154 495,200 645,200 343,788 500,000 (145,200)
102,060 280,000 280,000 14,840 280,000 0
768,726 1,423,200 1,573,200 380,304 1,178,000 (395,200)
2,214,266 3,217,945 3,367,945 1,758,196 4,002,320 634,375
2,214,266 3,217,945 3,367,945 1,758,196 4,002,320 634,375
CITY OF LA QUINTA INTERNAL SERVICE FUND EXPENSES FY 2025/26 PROPOSED BUDGET
69 131
Fund: 502 - INFORMATION TECHNOLOGY
Full Time 41,900.00502-0000-50101 Permanent
40% - Sr. Management Analyst (60% Housing Fund)
Consultants 1,550,000.00502-0000-60104
Contracted information technology services and other
related major infrastructure projects
Technical 9,000.00502-0000-60108
Cable services, wireless access points, modems, and virtual servers
Travel & Training 1,500.00502-0000-60320
Fraud prevention, firewall, encryption, coding, and other IT-related
trainings
Operating Supplies 8,000.00502-0000-60420
Small equipment such as keyboards, computer mouses, cables, conference
room TV's, speakers, docking stations, etc.
Machinery & Equipment 500,000.00502-0000-80100
Aging inventory upgrades per 5-year plan Study
CITY OF LA QUINTA INTERNAL SERVICE FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
70 132
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
503 - PARK EQUIP & FACILITY FUND
0000 - Undesignated
68 - Capital Expenses
5,473 0 0 5,473 15,000 15,000 0%503-0000-71020 Furniture
411,726 2,000,000 2,700,000 692,601 920,000 (1,780,000)-66%503-0000-71060 Parks
1,203 0 0 0 0 0 0%503-0000-71110 Depreciation Expense
604,710 0 0 0 0 0 0%503-0000-71122 Depreciation Expense - Community Services
68 - Capital Expenses Totals:1,023,112 2,000,000 2,700,000 698,074 935,000 (1,765,000)
-65%
0000 - Undesignated Totals:1,023,112 2,000,000 2,700,000 698,074 935,000 (1,765,000)
-65%
503 - PARK EQUIP & FACILITY FUND Totals:1,023,112 2,000,000 2,700,000 698,074 935,000 (1,765,000)
-65%
5,473 0 0 5,473 15,000 15,000
411,726 2,000,000 2,700,000 692,601 920,000 (1,780,000)
1,203 0 0 0 0 0
604,710 0 0 0 0 0
1,023,112 2,000,000 2,700,000 698,074 935,000 (1,765,000)
1,023,112 2,000,000 2,700,000 698,074 935,000 (1,765,000)
1,023,112 2,000,000 2,700,000 698,074 935,000 (1,765,000)
CITY OF LA QUINTA INTERNAL SERVICE FUND EXPENSES FY 2025/26 PROPOSED BUDGET
71 133
920,000.00
Fund: 503 - PARK EQUIP & FACILITY FUND
503-0000-71060 Parks
Citywide park enhancements to include:
Shade structures, drinking fountains, fitness equipment replacement,
playground structures and other amenities
CITY OF LA QUINTA INTERNAL SERVICE FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
72 134
2023/24
Actuals
2024/25
Original Budget
2024/25
Current Budget
2024/25
YTD Activity*
2025/26
Proposed Budget
25/26 vs.
Current 24/25
% Change
in Budget
504 - INSURANCE FUND
1010 - Insurance
60 - Contract Services
1,336 5,000 5,000 0 5,000 0 0%504-1010-60320 Travel & Training
0 1,000 1,000 0 1,000 0 0%504-1010-60351 Membership Dues
60 - Contract Services Totals:1,336 6,000 6,000 0 6,000 0 0%
62 - Maintenance & Operations
11,229 12,500 12,500 10,457 12,500 0 0%504-1010-60420 Operating Supplies
62 - Maintenance & Operations Totals:11,229 12,500 12,500 10,457 12,500 0 0%
63 - Insurance
395,165 380,000 380,000 379,413 470,000 90,000 24%504-1010-60441 Liability Insurance
0 2,500 2,500 0 2,500 0 0%504-1010-60442 Claims
187,527 187,000 187,000 186,956 197,000 10,000 5%504-1010-60443 Property Insurance
1,800 2,000 2,000 1,800 2,100 100 5%504-1010-60446 Crime Insurance
242,000 242,000 242,000 242,000 242,000 0 0%504-1010-60447 Earthquake Insurance
269,483 226,000 226,000 225,876 303,000 77,000 34%504-1010-60452 Workers Comp Premium
63 - Insurance Totals:1,095,975 1,039,500 1,039,500 1,036,045 1,216,600 177,100 17%
1010 - Insurance Totals:1,108,540 1,058,000 1,058,000 1,046,502 1,235,100 177,100 17%
504 - INSURANCE FUND Totals:1,108,540 1,058,000 1,058,000 1,046,502 1,235,100 177,100 17%
1,336 5,000 5,000 0 5,000 0
0 1,000 1,000 0 1,000 0
1,336 6,000 6,000 0 6,000 0
11,229 12,500 12,500 10,457 12,500 0
11,229 12,500 12,500 10,457 12,500 0
395,165 380,000 380,000 379,413 470,000 90,000
0 2,500 2,500 0 2,500 0
187,527 187,000 187,000 186,956 197,000 10,000
1,800 2,000 2,000 1,800 2,100 100
242,000 242,000 242,000 242,000 242,000 0
269,483 226,000 226,000 225,876 303,000 77,000
1,095,975 1,039,500 1,039,500 1,036,045 1,216,600 177,100
1,108,540 1,058,000 1,058,000 1,046,502 1,235,100 177,100
1,108,540 1,058,000 1,058,000 1,046,502 1,235,100 177,100
CITY OF LA QUINTA INTERNAL SERVICE FUND EXPENSES FY 2025/26 PROPOSED BUDGET
73 135
5,000.00
Fund: 504 - INSURANCE FUND
504-1010-60320 Travel & Training
California Joint Powers Insurance Authority (CJPIA)
Public Agency Risk Management Association (PARMA)
Membership Dues 1,000.00504-1010-60351
504-1010-60420
Public Agency Risk Management Association (PARMA) members
Operating Supplies 12,500.00
Ergonomic assessments and first aid kit supplies/maintenance
CITY OF LA QUINTA INTERNAL SERVICE FUND EXPENSE NOTES FY 2025/26 PROPOSED BUDGET
74 136
City of La Quinta
FINANCIAL ADVISORY COMMISSION MEETING
DEPARTMENT REPORT
TO: Members of the Financial Advisory Commission
FROM: Claudia Martinez, Finance Director
DATE: May 7, 2025
SUBJECT: FINANCE DEPARTMENT CURRENT AND FUTURE INITIATIVES
In addition to items presented as staff reports, the Finance Department would like to
provide updates on the following matters.
AUDIT & FINANCIAL REPORTING
Citywide Comprehensive Audit for fiscal year (FY) 2023/24 - In final review by audit
team with an anticipated completion date of 5/9/2025; will be presented to the
Commission at June 4th meeting
COMMITTEE UPDATES
Financial Projections Task Force (Commissioners Anderson, Batavick, and
Dorsey)
o Conducted meeting on October 28, 2024
o Additional meetings to be held in May
FY 2025/26 General Fund Operating Budget Committee (Commissioners Lee,
Mast, and Way)
o City staff and management are currently developing the FY 2025/26 budget.
Initial requests have been received and are incorporated into the draft
budget as presented. After this meeting, the committee will meet to cover
revenue projections, expenditure requests, and proposed uses of Measure
G sales tax revenue.
o Finance Director to coordinate meeting timeline with committee members
Financial Statement and Audit training - Staff is currently researching options with
the new auditing firm
CITY COMMISSIONER SEATS
The City is looking for interested citizens to fill vacancies on the following City
Commissions:
DEPARTMENTAL REPORT ITEM NO. 1
137
For an application and more information please contact the City Clerk’s office at
760-777-7092 or visit: https://www.laquintaca.gov/commissions.
CITY UPDATES
Hwy 111 Corridor Specific Plan - prior City Council and Planning Commission joint
meeting held on:
o September 26, 2023
o To date, expenditures related to the project are detailed in the Project
Activity Report (Attachment 1), in the amount of $1,146,449.58. Revenue
allocations of Measure G do not yet include the most recent quarter entry.
The City is currently exploring the following:
o Feasibility of undergrounding utilities in various areas of the City; prior City
Council study sessions held on:
September 19, 2023 and December 19, 2023
o Imperial Irrigation District (IID) power distribution substations in La Quinta,
cost-share options for upgrades; prior City Council study sessions held on
January 16, 2024. City Manager’s Office is in negotiations with IID and all
impacted stakeholders to find an equitable solution. Agreement with IID
would be required before equipment can be ordered; pending design
approval from IID, and final estimated costs before the City’s potential cost-
sharing is defined, which would be presented to Council for approval.
o Council business session held on:
March 18, 2025 – Approval of the proposed Coachella Valley Power
Agency (CVPA) Joint Powers Agreement (JPA) to establish an
independent public agency for Riverside County and the Coachella
Valley to give stakeholders the authority they have sought to address
electrical infrastructure needs and services.
Staff encourages the FAC members to view the meetings as time permits.
Tropical Storm Hilary – Federal Disaster Assistance
138
o The City is currently working with FEMA on the reimbursement process for
a total of 9 projects:
Citywide Debris Removal
Citywide Storm Preparation and Road Closures
Pioneer Park- shade structure
Adams Park- retention basin
X Park- retention basin
Eisenhower retention basin
SilverRock Park- retention basin & slope repair
SilverRock Park – lake vault
SilverRock Way and Avenue 62- sinkholes
It is important to note the items mentioned in this update are in addition to the daily
functions of the Finance Department, which include, but are not limited to, staff report
writing/review, payroll, accounts payable, accounts receivable, revenue processing,
journal entries, capital accounting, project accounting, purchasing, investing,
cash/treasury management, bank reconciliations, budgeting, research and analysis, staff
training and development, and general financial support for all City departments.
Attachment: 1. Project Activity Report
139
Page 1 of 55/2/2025 12:02:10 PM
Project Activity Report
City of La Quinta By Project Number
Report Dates: 07/01/2019 - 05/02/2025
201905 Highway 111 Corridor Area Plan ImplementaƟ Fund 401 Construction in Process St Improvements Active
Project Number Project Name Group Type Status
Revenues
Account NameAccount Key Category Total Activity
-1,024,817.33201905MGMeasure G Funding Measure G - Measure G Funding
ActivityDescriptionPost DateGL Account Number GL Account Name Vendor Name Item Number
-1,980.00MG 201905 HWY 111 CORRIDOR PLANTransfers In 03/31/2020401-0000-49500
-5,006.25MG 201905 HIGHWAY 111 CORRIDOR AREA PLANTransfers In 06/30/2020401-0000-49500
-6,986.25FY 19/20 Total:
-11,715.00MG 201905 HIGHWAY 111 CORRIDOR AREA PLANTransfers In 09/30/2020401-0000-49500
-41,035.00MG 201905 HIGHWAY 111 CORRIDOR AREA PLANTransfers In 12/31/2020401-0000-49500
-7,955.00MG 201905 HIGHWAY 111 CORRIDOR AREA PLANTransfers In 03/31/2021401-0000-49500
-230,049.59MG HIGHWAY 111 CORRIDOR AREA PLANTransfers In 06/30/2021401-0000-49500
-290,754.59FY 20/21 Total:
-2,995.00MG 201905 HIGHWAY 111 CORRIDOR PLANTransfers In 09/30/2021401-0000-49500
-30,468.25MG 201905 HWY CORRIDOR AREA PLANTransfers In 12/31/2021401-0000-49500
-3,020.00MG 201905 HWY CORRIDOR AREA PLANTransfers In 03/31/2022401-0000-49500
-130,479.46MG 201905 HWY CORRIDOR AREA PLANTransfers In 06/30/2022401-0000-49500
-166,962.71FY 21/22 Total:
-14,775.00MG 201905 HWY CORRIDOR AREA PLANTransfers In 09/30/2022401-0000-49500
-4,537.50MG 201905 HIGHWAY 111 CORRIDOR AREATransfers In 12/31/2022401-0000-49500
-145,350.50MG 201905 HIGHWAY 111 CORRIDOR AREATransfers In 03/31/2023401-0000-49500
-120,554.00MG 201905 HIGHWAY 111 CORRIDOR AREATransfers In 06/30/2023401-0000-49500
-285,217.00FY 22/23 Total:
-49,950.15MG 201905 HIGHWAY 111 CORRIDOR AREATransfers In 09/30/2023401-0000-49500
-1,662.50MG 201905 HIGHWAY 111 CORRIDOR AREATransfers In 12/31/2023401-0000-49500
-58,634.71MG 201905 HIGHWAY 111 CORRIDOR AREATransfers In 03/31/2024401-0000-49500
-237,691.79CORR SB1 FUNDING FOR 201905 PROJECTTransfers In 06/30/2024401-0000-49500
-347,939.15FY 23/24 Total:
73,042.37CORR MG 201905/202225 HIGHWAY 111 CORRIDOR ATransfers In 09/30/2024401-0000-49500
73,042.37FY 24/25 Total:
0.00201905SB1SB1 Maintenance Funding SB1 Maint Fund - SB1 Maintenance Funding
ActivityDescriptionPost DateGL Account Number GL Account Name Vendor Name Item Number
237,691.79CORR SB1 FUNDING FOR 201905 PROJECTTransfers In 06/30/2024401-0000-49500
-102,565.49SB1 201905 HIGHWAY 111 CORRIDOR AREATransfers In 06/30/2024401-0000-49500
ATTACHMENT 1
140
Report Dates: 07/01/2019 - 05/02/2025Project Activity Report
Page 2 of 55/2/2025 12:02:10 PM
ActivityDescriptionPost DateGL Account Number GL Account Name Vendor Name Item Number
-57,573.80SB1 201905 HIGHWAY 111 CORRIDOR AREATransfers In 06/30/2024401-0000-49500
-77,552.50SB1 201905/202223 HIGHWAY 111 CORRIDOR AREATransfers In 06/30/2024401-0000-49500
0.00FY 23/24 Total:
Total Revenues: -1,024,817.33
Expenses
Account NameAccount Key Category Total Activity
1,060,790.83201905DDesign Expense Design - Design Expense
ActivityDescriptionPost DateGL Account Number GL Account Name Vendor Name Item Number
8,290.002019-05 HWY 111 CORRIDOR PROJECT (PLAN&ENG)Design 12/18/2020401-0000-60185 151505GHD INC.
25,600.002019-05 HWY 111 CORRIDOR PROJECT (PLAN&ENG)Design 12/18/2020401-0000-60185 153361GHD INC.
78,461.2502/2021 - HWY 111 PLANNING/ ENGINEERING SVCSDesign04/16/2021401-0000-60185 158460GHD INC.
32,923.7512/2020 - HWY 111 PLANNING/ ENGINEERING SVCSDesign04/16/2021401-0000-60185 155454GHD INC.
75,409.8404/2021 - HWY 111 PLANNING/ENGINEERING SVCSDesign06/11/2021401-0000-60185 161990GHD INC.
34,827.2505/2021 - HWY 111 PLANNING/ENGINEERING SVCSDesign06/25/2021401-0000-60185 163575GHD INC.
255,512.09FY 20/21 Total:
19,315.7506/2021 - HWY 111 PLANNING/ENGINEERING SVCSDesign10/08/2021401-0000-60185 165668GHD INC.
8,620.0007/2021 - HWY 111 PLANNING/ENGINEERING SVCSDesign10/29/2021401-0000-60185 380-0000621GHD INC.
207.4303/24/22 - HWY 111 SITE TOUR LUNCHDesign04/22/2022401-0000-60185 MAR'226925BMBANK OF THE WEST (PLEASE SEE
460.0003/24/22 - HWY 111 SITE TOUR TRANSPORTATIONDesign04/22/2022401-0000-60185 MAR'226925BMBANK OF THE WEST (PLEASE SEE
41,235.8303/2022 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign06/30/2022401-0000-60185 380-0012735GHD INC.
84,123.7006/2022 HWY 111 CORRIDOR PLANNING/ENGINERRIDesign06/30/2022401-0000-60185 380-0016011GHD INC.
153,962.71FY 21/22 Total:
12,962.5007/2022 - HWY 111 CORRIDOR PLANNING/ENGINERRIDesign09/02/2022401-0000-60185 380-0017688GHD INC.
49,617.5009/2022 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign03/03/2023401-0000-60185 380-0020901GHD INC.
51,571.2510/2022 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign03/03/2023401-0000-60185 380-0023845GHD INC.
18,251.2511/2022 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign03/03/2023401-0000-60185 380-0024095GHD INC.
9,171.2512/2022 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign03/03/2023401-0000-60185 380-0025445GHD INC.
12,726.7501/2023 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign03/17/2023401-0000-60185 380-0027217GHD INC.
18,667.5802/2023 - HWY 111 CORRIDOR PLANNING/ENGINEERIDesign06/30/2023401-0000-60185 380-0028778GHD INC.
9,366.2503/2023 - HWY 111 CORRIDOR PLANNING/ENGINEERIDesign06/30/2023401-0000-60185 380-0030405GHD INC.
22,207.5104/2023 - HWY 111 CORRIDOR PLANNING/ENGINEERIDesign06/30/2023401-0000-60185 380-0031910GHD INC.
22,721.9505/2023 - HWY 111 CORRIDOR PLANNING/ENGINEERIDesign06/30/2023401-0000-60185 380-0033492GHD INC.
42,803.2106/2023 - HWY 111 CORRIDOR PLANNING/ENGINERRIDesign06/30/2023401-0000-60185 380-0035378GHD INC.
270,067.00FY 22/23 Total:
49,312.6507/2023 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign09/08/2023401-0000-60185 380-0036834GHD INC.
54,534.7110/2023 - HWY 111 CORRIDOR PLANNING/ENGINEERIDesign01/26/2024401-0000-60185 380-0041445GHD INC.
32,062.3601/2024 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign05/24/2024401-0000-60185 380-0047294GHD INC.
53,767.9303/2024 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign05/24/2024401-0000-60185 380-0048891GHD INC.
13,082.7004/2024 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign06/30/2024401-0000-60185 380-0051494GHD INC.
141
Report Dates: 07/01/2019 - 05/02/2025Project Activity Report
Page 3 of 55/2/2025 12:02:10 PM
ActivityDescriptionPost DateGL Account Number GL Account Name Vendor Name Item Number
877.5005/01-06/30/24 - ONCALL PLANNING SERVICESDesign06/30/2024401-0000-60185 TN1198158TERRA NOVA PLANNING & RESE
20,296.30ACCRUE 05/2024 HWY 111 CORRIDOR PLANNINGDesign06/30/2024401-0000-60185
37,277.50ACCRUE 06/2024 HWY 111 CORRIDOR PLANNINGDesign06/30/2024401-0000-60185
261,211.65FY 23/24 Total:
20,296.3005/2024 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign09/20/2024401-0000-60185 380-0054142REVGHD INC.
37,277.5006/2024 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign09/20/2024401-0000-60185 380-0054348GHD INC.
3,540.13HWY 111 CONSTRUCTION SIGNAGEDesign09/20/2024401-0000-60185 98554BEST SIGNS INC
-20,296.30ACCRUE 05/2024 HWY 111 CORRIDOR PLANNINGDesign09/30/2024401-0000-60185
-37,277.50ACCRUE 06/2024 HWY 111 CORRIDOR PLANNINGDesign09/30/2024401-0000-60185
22,993.5008/2024 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign11/08/2024401-0000-60185 380-0057493GHD INC.
9,563.7509/2024 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign02/07/2025401-0000-60185 380-0063398GHD INC.
83,940.0012/2024 HWY 111 CORRIDOR PLANNING/ENGINEERINDesign02/07/2025401-0000-60185 380-0063431GHD INC.
120,037.38FY 24/25 Total:
85,658.75201905PProfessional Expense Professional - Professional Expense
ActivityDescriptionPost DateGL Account Number GL Account Name Vendor Name Item Number
1,980.0002/2020 HIGHWAY 111 CORRIDORProfessional Services 03/20/2020401-0000-60103 8 JOB 2019-08NAI CONSULTING INC
825.0003/2020 HIGHWAY 111 CORRIDORProfessional Services 04/24/2020401-0000-60103 9 JOB 2019-08NAI CONSULTING INC
330.0005/2020 HIGHWAY 111 CORRIDORProfessional Services 06/12/2020401-0000-60103 11 JOB 2019-08NAI CONSULTING INC
3,851.2506/2020 HIGHWAY 111 CORRIDORProfessional Services 06/30/2020401-0000-60103 12 JOB 2019-08NAI CONSULTING INC
6,986.25FY 19/20 Total:
9,240.0007/2020 HIGHWAY 111 CORRIDORProfessional Services 09/04/2020401-0000-60103 13 JOB 2019-08NAI CONSULTING INC
2,475.0008/2020 HIGHWAY 111 CORRIDORProfessional Services 09/25/2020401-0000-60103 14 JOB 2019-08NAI CONSULTING INC
2,182.5009/2020 HIGHWAY 111 CORRIDORProfessional Services 10/09/2020401-0000-60103 15 JOB 2019-08NAI CONSULTING INC
4,962.5010/2020 HIGHWAY 111 CORRIDORProfessional Services 12/04/2020401-0000-60103 16 JOB 2019-08NAI CONSULTING INC
2,657.50HIGHWAY 111 CORRIDORProfessional Services 01/15/2021401-0000-60103 17 JOB 2019-08NAI CONSULTING INC
720.00HIGHWAY 111 CORRIDORProfessional Services 01/22/2021401-0000-60103 18 JOB 2019-08NAI CONSULTING INC
980.00HIGHWAY 111 CORRIDORProfessional Services 03/05/2021401-0000-60103 19 JOB 2019-08NAI CONSULTING INC
3,597.50HIGHWAY 111 CORRIDORProfessional Services 03/19/2021401-0000-60103 2019-08.20NAI CONSULTING INC
2,072.50HIGHWAY 111 CORRIDORProfessional Services 04/23/2021401-0000-60103 2019-08.21NAI CONSULTING INC
1,657.50HIGHWAY 111 CORRIDORProfessional Services 05/28/2021401-0000-60103 2019-08.22NAI CONSULTING INC
1,850.00HIGHWAY 111 CORRIDORProfessional Services 06/18/2021401-0000-60103 2019-08.23NAI CONSULTING INC
2,847.50HIGHWAY 111 CORRIDORProfessional Services 06/30/2021401-0000-60103 2019-08.24NAI CONSULTING INC
35,242.50FY 20/21 Total:
630.0007/2021 HIGHWAY 111 CORRIDORProfessional Services 09/17/2021401-0000-60103 2019-08.25NAI CONSULTING INC
2,365.0008/2021 HIGHWAY 111 CORRIDORProfessional Services 09/17/2021401-0000-60103 2019-08.26NAI CONSULTING INC
790.0009/2021 HIGHWAY 111 CORRIDORProfessional Services 11/05/2021401-0000-60103 2019-08.27NAI CONSULTING INC
1,742.5010/2021 HIGHWAY 111 CORRIDORProfessional Services 12/03/2021401-0000-60103 2019-08.28NAI CONSULTING INC
620.0011/2021 - HIGHWAY 111 CORRIDORProfessional Services 01/14/2022401-0000-60103 2019-08.29NAI CONSULTING INC
930.0012/2021 HIGHWAY 111 CORRIDORProfessional Services 01/14/2022401-0000-60103 2019-08.30NAI CONSULTING INC
192.5001/2022 HIGHWAY 111 CORRIDORProfessional Services 02/25/2022401-0000-60103 2019-08.31NAI CONSULTING INC
142
Report Dates: 07/01/2019 - 05/02/2025Project Activity Report
Page 4 of 55/2/2025 12:02:10 PM
ActivityDescriptionPost DateGL Account Number GL Account Name Vendor Name Item Number
1,277.5002/2022 HIGHWAY 111 CORRIDORProfessional Services 03/18/2022401-0000-60103 2019-08.32NAI CONSULTING INC
1,860.0003/2022 - HIGHWAY 111 CORRIDORProfessional Services 04/15/2022401-0000-60103 2019-08.33NAI CONSULTING INC
967.5005/2022 HIGHWAY 111 CORRIDORProfessional Services 06/30/2022401-0000-60103 2019-08.35NAI CONSULTING INC
1,625.0006/2022 HIGHWAY 111 CORRIDORProfessional Services 06/30/2022401-0000-60103 2019-08.36NAI CONSULTING INC
13,000.00FY 21/22 Total:
1,812.5007/2022 2019-05 HIGHWAY 111 CORRIDORProfessional Services 08/26/2022401-0000-60103 2019-08.37NAI CONSULTING INC
1,700.0008/2022 HIGHWAY 111 CORRIDORProfessional Services 10/07/2022401-0000-60103 2019-08.38NAI CONSULTING INC
1,962.5009/2022 - 2019-05 HIGHWAY 111 CORRIDORProfessional Services 10/28/2022401-0000-60103 2019.08.39NAI CONSULTING INC
875.0012/2022 - 2019-05 HIGHWAY 111 CORRIDORProfessional Services 12/16/2022401-0000-60103 2019-08.41NAI CONSULTING INC
3,312.5012/2022 - 2019-05 HIGHWAY 111 CORRIDORProfessional Services 02/03/2023401-0000-60103 2019-08.42NAI CONSULTING INC
700.0001/2023 - 2019-05 HIGHWAY 111 CORRIDORProfessional Services 02/24/2023401-0000-60103 2019-08.43NAI CONSULTING INC
725.0003/2023 HIGHWAY 111 CORRIDORProfessional Services 05/05/2023401-0000-60103 2019-08.44NAI CONSULTING INC
2,137.5003/2023 HIGHWAY 111 CORRIDORProfessional Services 05/05/2023401-0000-60103 2019-08.45NAI CONSULTING INC
1,250.0005/2023 - 2019-05 HIGHWAY 111 CORRIDORProfessional Services 06/23/2023401-0000-60103 2019-08.47NAI CONSULTING INC
675.0006/2023 - 2019-05 HIGHWAY 111 CORRIDORProfessional Services 06/30/2023401-0000-60103 2019-08.48NAI CONSULTING INC
15,150.00FY 22/23 Total:
637.5007/2023 HIGHWAY 111 CORRIDORProfessional Services 08/25/2023401-0000-60103 2019-08.49NAI CONSULTING INC
437.5008/2023 - 2019-05 HIGHWAY 111 CORRIDORProfessional Services 10/13/2023401-0000-60103 2019-08.50NAI CONSULTING INC
700.0009/2023 HIGHWAY 111 CORRIDORProfessional Services 10/27/2023401-0000-60103 2019-08.51NAI CONSULTING INC
525.0010/2023 - 2019-05 HIGHWAY 111 CORRIDORProfessional Services 11/17/2023401-0000-60103 2019-08.52NAI CONSULTING INC
887.5011/2023 HIGHWAY 111 CORRIDORProfessional Services 01/19/2024401-0000-60103 2019-08.53NAI CONSULTING INC
875.0012/2023 HIGHWAY 111 CORRIDORProfessional Services 01/19/2024401-0000-60103 2019-08.54NAI CONSULTING INC
2,337.5001/2024 HIGHWAY 111 CORRIDORProfessional Services 02/23/2024401-0000-60103 2019-08.55NAI CONSULTING INC
500.0003/2024 HIGHWAY 111 CORRIDORProfessional Services 04/26/2024401-0000-60103 2019-08.57NAI CONSULTING INC
750.0004/2024 HIGHWAY 111 CORRIDORProfessional Services 05/31/2024401-0000-60103 2019-08.58NAI CONSULTING INC
537.5005/2024 HIGHWAY 111 CORRIDORProfessional Services 06/30/2024401-0000-60103 2019-08.59NAI CONSULTING INC
987.5006/2024 HIGHWAY 111 CORRIDORProfessional Services 06/30/2024401-0000-60103 2019-08.60NAI CONSULTING INC
9,175.00FY 23/24 Total:
970.0007/2024 - HIGHWAY 111 CORRIDORProfessional Services 09/06/2024401-0000-60103 2024-03.01NAI CONSULTING INC
475.0008/2024 - HIGHWAY 111 CORRIDORProfessional Services 10/04/2024401-0000-60103 2024-03.02R1NAI CONSULTING INC
1,407.5009/2024 HIGHWAY 111 CORRIDORProfessional Services 11/08/2024401-0000-60103 2024-03.03NAI CONSULTING INC
47.5010/2024 HIGHWAY 111 CORRIDORProfessional Services 12/06/2024401-0000-60103 2024-03.04NAI CONSULTING INC
242.5011/2024 HIGHWAY 111 CORRIDORProfessional Services 12/27/2024401-0000-60103 2024-03.05NAI CONSULTING INC
195.0012/2024 - PROFESSIONAL ENGINEERING SERVICESProfessional Services 02/07/2025401-0000-60103 2024-03.06NAI CONSULTING INC
1,260.0001/2025 HIGHWAY 111 CORRIDORProfessional Services 02/28/2025401-0000-60103 2024-03.07NAI CONSULTING INC
1,507.5002/2025 HIGHWAY 111 CORRIDORProfessional Services 03/21/2025401-0000-60103 2024-03.08NAI CONSULTING INC
6,105.00FY 24/25 Total:
Total Expenses: 1,146,449.58
121,632.25201905 Total:
143
Report Dates: 07/01/2019 - 05/02/2025Project Activity Report
Page 5 of 55/2/2025 12:02:10 PM
Summary
Project NameProject Number
Project Summary
Total Revenue Total Expense
Revenue Over/
(Under) Expenses
Highway 111 Corridor Area Plan Implementation2019051,024,817.33 1,146,449.58 -121,632.25
Project Totals:1,024,817.33 1,146,449.58 -121,632.25
Group Summary
Group Total Revenue Total Expense
Revenue Over/
(Under) Expenses
Fund 401 Construction in Process 1,024,817.33 1,146,449.58 -121,632.25
Group Totals:1,024,817.33 1,146,449.58 -121,632.25
Type Summary
Type Total Revenue Total Expense
Revenue Over/
(Under) Expenses
St Improvements 1,024,817.33 1,146,449.58 -121,632.25
Type Totals:1,024,817.33 1,146,449.58 -121,632.25
144
City of La Quinta
FINANCIAL ADVISORY COMMISSION MEETING
DEPARTMENT REPORT
TO: Members of the Financial Advisory Commission
FROM: Rosemary Hallick, Principal Management Analyst
DATE: May 7, 2025
SUBJECT: FOURTH QUARTER 2024 (OCTOBER-DECEMBER) SALES TAX
UPDATE
The attached report was prepared by consultants, HdL Companies, as an update of sales
tax receipts for fourth quarter sales from October to December 2024.
La Quinta’s overall adjusted sales tax receipts for major industry groups decreased
1.2% as compared to last year. As a comparison, Riverside County was down
1.1% and the state was down 1.1%. The decrease was spread between various
categories such as general consumer goods, building and construction, autos &
transportation and fuel & service stations. Details may be found in the quarterly
Sales Tax Update newsletter (Attachment 1) prepared by HdL.
The City’s sales-per-capita remains higher than both the county and state
averages.
General consumer goods (such as department stores) made up 38% of sales tax
revenue and 44% of Measure G revenue.
Autos and transportation made up 8% of sales tax revenue and 12% of Measure
G revenue.
The City continues to benefit from online purchasing in the form of the County pool
share, which was 15% of our sales tax revenue.
DEPARTMENTAL REPORT ITEM NO. 2
145
146
The City continuously monitors local development, economic conditions, impacts on
travel and trade, and legislative and judicial news for any potential changes to sales tax
collections.
Fiscal year-to-date sales tax collections are shown in the chart below. Combined, the City
has received $17.92 million in sales and transactions taxes so far this year, as compared
to $18.46 million in the same periods of Fiscal 2023/24, down about 2.92%.
Attachment: 1. HdL Q4 2024 Sales Tax Update
Quarter Payment
Bradley Burns
33060 Measure G 520 MG % of BB
% change
from LY
3 July 2024 Advance 852,312$ 1,103,397$ 129.46% 1.59%
3 August 2024 Advance 695,793$ 938,573$ 134.89% -3.39%
3 September 2024 -3rd Qtr Payment 549,986$ 972,015$ 176.73% -23.99%
3 Total 2024 2,098,091$ 3,013,985$ 143.65% -9.03%
4 October 2024 Advance 1,199,620$ 1,452,573$ 121.09% 8.63%
4 November 2024 Advance 972,725$ 1,227,920$ 126.24% -0.29%
4 December 2024 - 4th Qtr Payment 1,305,532$ 1,673,290$ 128.17% 0.94%
4 Total 2024 2,172,345$ 2,680,493$ 123.39% 3.06%
1 January 2025 Advance 1,214,437$ 1,496,785$ 123.25% -0.88%
1 February 2025 Advance 1,027,820$ 1,243,267$ 120.96% -9.54%
1 March 2025 - 1st Qtr Payment
1 Total 2025 -$ -$ #DIV/0! -100.00%
2
2
2
2 Total 2025 -$ -$ #DIV/0! -100.00%
Totals 7,818,224$ 10,107,820$ 129.29% -2.92%
Last Year, Same Periods 8,127,488$ 10,336,994$
Variance (309,264)$ (229,174)$
Total 2024/25 Budget 12,000,000$ 15,500,000$
147
www.hdlcompanies.com | 888.861.0220
Q4 2023*
Q4 2024*
Legend
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
SALES TAX BY MAJOR BUSINESS GROUP*Allocation aberrations have been adjusted to reflect sales activity
General
Consumer
Goods
Restaurants
and
Hotels
County
and State
Pools
Building
and
Construction
Autos
and
Transportation
Food
and
Drugs
Fuel and
Service
Stations
Business
and
Industry
TOP 25 PRODUCERSCITY OF LA QUINTA HIGHLIGHTS
Published by HdL Companies in Spring 2025
Best Buy
Circle K
Costco
Floor & Decor
Genesis/Hyundai of La Quinta
Hobby Lobby
Home Depot
Icon Golf Cars La Quinta
In N Out Burger
Kohls
La Quinta Chevrolet & Cadillac
La Quinta Resort & Club
Lowes
Marshalls
PGA WEST Private Clubhouse & Golf Courses
Ross
Target
TJ Maxx
Torre Nissan
Tower Mart
Trader Joe’s
Ulta Beauty
Verizon Wireless
Walmart Supercenter
WDC Kitchen & Bath La Quinta
SALES TAX UPDATE
CITY OF LA QUINTA
4Q 2024 (OCTOBER - DECEMBER)
La Quinta’s receipts from October
through December were 3.7% above the
fourth sales period in 2023. Excluding
reporting aberrations, actual sales were
down 1.2%.
Consumers are becoming more concerned
about the economy as talks of increased
tariffs may impact their purchasing
power. Businesses are concerned about
how much, and when, the Feds may begin
to reduce interest rates.
General consumer goods fell for the
fourth consecutive quarter as consumers
remain hesitant to purchase non-essential
items. Building-construction fell 7.8% as
homeowners continue holding on non-
critical projects. Autos-transportation
continues to be negatively impacted
by consumer concern, high pricing, and
financing costs.
Restaurants, the only bright spot for
the quarter, were feeling pressure from
higher menu pricing as consumers pull
back on visits, but new outlets helped to
push the sector into a 1.1% increase.
Measure G, the City’s voter-approved
transactions and use tax, brought in an
additional $4,359,833 in revenue.
Net of aberrations, taxable sales for all of
Riverside County declined 1.1% over the
comparable time period; the Southern
California region was down 1.2%.
TOTAL:
-1.1%
$4,359,833
Measure G
TOTAL:$ 3,424,646
-1.2%-1.1%-1.1%
COUNTY STATE
LA QUINTA
4Q2024
ATTACHMENT 1
148
TOP NON-CONFIDENTIAL BUSINESS TYPES
Q4 '24*
La QuintaBusiness Type Change Change Change
County HdL State
1.9%2.4%-1.7% 247.9 Casual Dining
2.0%5.5%5.0% 147.5 Leisure/Entertainment
-2.6%-4.3%-4.9% 128.7 Electronics/Appliance Stores
1.3%1.5%0.8% 102.5 Family Apparel
1.7%3.4%3.1% 100.0 Quick-Service Restaurants
-13.0%-13.5%-17.6% 99.1 Service Stations
-1.7%-1.9%-2.3% 87.3 Specialty Stores
-1.0%-1.8%-1.3% 83.6 Grocery Stores
-2.0%1.3%70.9% 74.3 Home Furnishings
-5.1%-3.6%2.2% 71.7 Fine Dining
*Allocation aberrations have been adjusted to reflect sales activity *In thousands of dollars
$0
$10,000
$20,000
$30,000
$40,000
La Quinta
12 241620
County California
SALES PER CAPITA*
*ADJUSTED FORECONOMIC DATA
SALES TAX UPDATECITY OF LA QUINTA4Q 2024
STATEWIDE RESULTS
California’s local one cent sales and
use tax receipts during the months of
October through December were 1.1%
lower than the same quarter one year ago
after adjusting for accounting anomalies.
The fourth quarter is notably the highest
sales tax generating period of the year
but exhibited diminished year-over-year
returns as consumers struggled with tariff
concerns and pulling back on discretionary
spending.
For the past eight quarters - two calendar
years - statewide results have declined;
led mostly by autos-transportation and
building-construction suppressed activity
due to the sustained high interest rate
environment. Specifically, this quarter,
as new and used car returns pulled back,
only leasing activity improved likely
representing buyers willingness to wait for
more advantageous economic conditions
before committing to long term obligations.
Furthermore, building-construction drops
spanned multiple categories including
building materials, plumbing/electrical
and contractors as property owners delay
repairs and improvements until they’re
more comfortable tapping available equity.
During this holiday shopping period, brick-
and-mortar general retailers slumped 2.4%,
further hindered by lower gas prices. Recent
closures by merchants selling variety/
low priced items and weaker returns from
department stores were most impactful.
As consumers appeared more interested in
value/discounted items vs higher priced/
luxury goods, overall statewide receipts
revealed growth from online retailers by
way of local returns through fulfillment
centers and allocations via each county’s
use tax pool demonstrating a desire to
spend, just more through different vendors
which shifted local tax distributions.
Fuel and service stations experienced a
drop of 14% largely due to the decreased
price of global crude oil. While this dynamic
hurt the sector results, it did allow for more
disposable income to be spent in other areas
and does not appear to be changing in the
near term.
Revenue from restaurants sustained a
modest gain of 1.3%, with only a waning
from fine dining establishments – consistent
with spending trends in other sectors. As
eateries try and balance higher menu prices
and demand, a ‘return to office’ call by
businesses could inspire future increased
foot traffic for many venues in metropolitan
centers.
The fourth quarter also marks the end of the
calendar year. As expected 2024 was 1.2%
lower than 2023 with most sectors taking
a hit. Only restaurants, business-industry
and allocations via the county use tax pools
improved.
With national tariff discussions happening
at the federal level, consumers start 2025
wondering if higher priced goods and
difficult decisions are on the horizon. Also,
the Federal Reserve Board hasn’t signified
any relief by way of lower interest rates
leaving only minimal growth expectations to
come. The theme of the current economic
outlook is uncertainty.
149
POWER POINTS
FINANCIAL
ADVISORY
COMMISSION
MEETING
MAY 7, 2025
May 7, 2025
1
Financial Advisory Commission
Meeting
May 7, 2025
1
2
May 7, 2025
2
Financial Advisory Commission Meeting
5/7/2025
Business Item No. 1
Approve the Fiscal Year 2025/26 Meeting Dates
Proposed Meeting Dates
Type Date
Regular meetingWednesday- September 3, 2025
Regular meetingWednesday- November 5, 2025
Proposed Special meetingWednesday- December 3, 2025
Regular meetingWednesday- February 11, 2026
Proposed Special meetingWednesday- April 8, 2026
Regular meetingWednesday- May 13, 2026
Proposed Special meetingWednesday- June 10, 2026
3
4
May 7, 2025
3
Financial Advisory Commission Meeting
5/7/2025
Study Session Item No. 1
Discuss The Fiscal Year 2025/25 Investment Policy
Proposed Edits
Section V Maximum Maturities: Added language from the state government
code regarding forward settlement dates.
§53601 “A security purchased in accordance with this section shall not have a forward settlement
date exceeding 45 days from the time of investment.”
Section VII: Minor edit to decouple the annual approval of the investment policy
from the annual granting of investment authority to the Treasurer.
When the Policy goes to City Council for adoption, the title of the staff report, shall indicate approval of the
Policy and designation of authority to the City Treasurer.
Section IX: Clarifications to the type of documentation the City might use to
verify the credentials of broker/dealers as compared to advisors or financial
institutions.
Financial statements, FINRA reporting, SOC-1 reporting, etc.
5
6
May 7, 2025
4
Proposed Edits, Continued
• Section X Permissible Deposits and Investments: Clarified
that while the policy generally allows for investments as
permitted by the state code, our policy may at times be more
restrictive than the code. Placed bank (non-negotiable) CDs
under the ‘Checking, Savings, Sweep Accounts’ category, as
negotiable CDs are a tradeable product on the secondary
market
• Section XVI Review of Investment Portfolio: Additional
language regarding how often staff monitors the portfolio,
along with available market information, for potential issues
with securities falling out of compliance with the policy
CMTA Certification
7
8
May 7, 2025
5
Financial Advisory Commission Meeting
05/07/2025
Study Session Item No. 2
Discuss the Fiscal Year 2025/26 Preliminary Proposed
Budget
BUDGET
OVERVIEW
Focus on General Fund and
Internal Service Funds
Revenues & Expenses
Changes from FY 24/25
Discuss assumptions and
major variances
Measure G Summary
9
10
May 7, 2025
6
General Fund Revenues
General Fund Revenues 2024/25
Original
2024/25
Current
2025/26
Proposed
Change
Current v.
Proposed
V
a
r
%
Change
Tax Revenues 63,270,000 63,270,000 62,110,000 (1,160,000) -2%
Licenses & Permits 2,386,500 2,386,500 2,329,700 (56,800) -2%
Intergovernmental 11,253,000 11,253,000 12,353,000 1,100,000 10%
Charges for Services 1,028,700 1,028,700 1,032,450 3,750 0%
Fines, Forefeitures & Abatements 341,000 341,000 347,500 6,500 2%
Use of Money & Property/Misc. 4,435,100 4,435,100 6,516,100 2,081,000 47%
Transfers In - 4,993,504 4,993,504 - 0%
Total Revenues 82,714,300 87,707,804 89,682,254 1,974,450 2%
Top 3 Revenue Sources:
Sales Tax revenue $25.6 million
Property Tax revenue $13.7 million
Transient Occupancy Tax (TOT) $13.5 million
General Fund Expenses
General Fund Expenditures 2024/25
Original
2024/25
Current
2025/26
Proposed
Change
Current v.
Proposed
City Council 346,400 346,400 348,100 1,700
City Manager Department 1,641,100 1,641,100 1,789,800 148,700
Marketing & Community Relations 1,932,600 1,932,600 1,910,740 (21,860)
City Attorney 800,000 800,000 1,100,000 300,000
Human Resources 745,900 745,900 807,100 61,200
City Clerk Department 1,406,570 1,406,570 1,378,970 (27,600)
Police 19,643,300 19,643,300 21,687,500 2,044,200
Fire 10,572,110 10,972,110 11,657,870 685,760
Community Services Administration 716,400 716,400 629,500 (86,900)
Wellness Center Operations 683,600 683,600 686,050 2,450
Recreational Programs & Events 1,956,000 1,956,000 2,042,450 86,450
Code Compliance/Animal Control 1,821,340 1,821,340 1,857,940 36,600
Public Safety Administration 269,890 269,890 373,714 103,824
Parks Maintenance 4,538,300 4,538,300 4,164,050 (374,250)
Public Buildings 1,875,750 1,875,750 1,959,050 83,300
Public Works Administration 835,797 835,797 791,500 (44,297)
Public Works Development Services 539,383 539,383 538,100 (1,283)
Streets Department- Traffic 1,036,550 1,186,550 1,327,150 140,600
Engineering Services 1,234,400 1,234,400 1,084,600 (149,800)
Design & Development Administration 826,800 826,800 721,200 (105,600)
Planning 856,900 856,900 1,509,400 652,500
Building 1,513,600 1,513,600 1,499,700 (13,900)
The Hub 1,499,875 1,499,875 1,329,750 (170,125)
Finance 2,103,500 2,103,500 2,292,500 189,000
Centralized Services 23,935,600 46,177,120 26,735,100 (19,442,020)
Total Expenditures 83,331,665 106,123,185 90,221,834 (15,901,351)
11
12
May 7, 2025
7
General Fund Expenditure
Assumptions
General Fund Variances
Change from PYDivision
Salary & Benefits, estimated 9.5% rate increase, public safety
camera system maintenance
$2,044,200Police
Salary & Benefits/rate increase, fire station bay door and
furniture replacement, and Emergency Operations Center
enhancements
$685,760Fire
Salary & Benefits, contract/on-call increases, FY 24/25 park
upgrades currently underway, carryover into FY 25/26
($374,250)Parks Maintenance
Salary & Benefits, master planning efforts for SOI$652,500Planning
Annual unfunded pension liability payment, capital improvement
carryovers for multi-year projects
($19,442,020)Centralized Services
13
14
May 7, 2025
8
Internal Service Funds
• Support the City’s internal operations
• Revenues derived from the General Fund based on
employee and equipment allocations
Fund
Current
FY 24/25
Proposed
FY 25/26 Variance
Equipment Replacement 2,665,364 1,745,500 (919,864)
Information Technology 3,367,945 4,002,320 634,375
Park Equipment 2,700,000 935,000 (1,765,000)
Insurance Fund 1,058,000 1,235,100 177,100
9,791,309 7,917,920 (1,873,389)
INTERNAL SERVICE FUNDS SUMMARY
General Fund Summary
Revenues 89,682,254$
Less Operating/CIP Expenses (90,221,834)
Preliminary Budget Surplus (539,580)
Use of Measure G Reserves 600,000
BUDGET SURPLUS 60,420$
GENERAL FUND
FY 2025/26 PROPOSED BUDGET SUMMARY
15
16
May 7, 2025
9
FY 2025/26
Budget Schedule
• May 20 – City Council, Study Session #1
• June 3 – City Council, Study Session #2
• June 4 – Financial Advisory Commission
• June 11 – Housing Commission
• June 17 – City Council, Adoption
For the latest budget information visit: www.laquintaca.gov/business/finance/budget
Discussion
& Questions
17
18
May 7, 2025
10
Financial Advisory Commission Meeting
5/7/2025
Departmental Report Item No. 2
Fourth Quarter 2024 (October-December)
Sales Tax Update
Summary
• Sales Taxes still trending slightly downward –
total receipts (on a cash basis) down 2.92% to
LY Year-To-Date
• The County and State also saw declines
• Overall consumers continue to be more cautious
in their spending and are leaning toward value
options
19
20
May 7, 2025
11
Major Industry Groups
Sales and MG History
%change MG % of BB Budget
Variance to
Budget
Percent of
Budget
Fiscal 16-17 1,462,650$ 78.62% 1,000,000 462,650 146.26%
Fiscal 17-18 9,967,657$ 110.88% 9,600,000 367,657 103.83%
Fiscal 18-19 10,958,118$ 9.94% 110.16% 10,145,000 813,118 108.01%
Fiscal 19-20 10,310,526$ -5.91% 116.83% 9,646,500 664,026 106.88%
Fiscal 20-21 12,594,389$ 22.15% 117.38% 10,617,200 1,977,189 118.62%
Fiscal 21-22 15,615,411$ 23.99% 124.04% 13,500,000 2,115,411 115.67%
Fiscal 22-23 16,088,087$ 3.03% 125.69% 15,500,000 588,087 103.79%
Fiscal 23-24 15,471,183$ -3.83% 127.12% 15,515,000 (43,817) 99.72%
Fiscal 24-25 10,107,820$ -34.67% 129.29% 15,000,000 (4,892,180) 67.39%
Fiscal 16-17 8,597,655$ 8,604,000 (6,345) 99.93%
Fiscal 17-18 8,989,328$ 4.56% 8,776,100 213,228 102.43%
Fiscal 18-19 9,947,125$ 10.65% 9,300,000 647,125 106.96%
Fiscal 19-20 8,825,489$ -11.28% 8,235,900 589,589 107.16%
Fiscal 20-21 10,729,160$ 21.57% 9,428,700 1,300,460 113.79%
Fiscal 21-22 12,589,104$ 17.34% 11,500,000 1,089,104 109.47%
Fiscal 22-23 12,799,992$ 1.68% 12,250,000 549,992 104.49%
Fiscal 23-24 12,170,477$ -4.92% 12,205,000 (34,523) 99.72%
Fiscal 24-25 7,818,224$ -35.76% 12,000,000 (4,181,776) 65.15%
YTD Measure G
YTD Sales Tax
FY 24-25 numbers are through February 2025
21
22
May 7, 2025
12
The Financial Advisory Commission
Special Meeting will be on
June 4, 2025
23
24