FY 2025/2026 Budget - Financing Authority2025/26
Adopted Budget
City of La Quinta
Financing
Authority
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2023/24
Actuals
2024/25
Current
2025/26
Proposed
2025/26
Adopted
310 - LQ FINANCE AUTHORITY DEBT SERVICE
0000 - Undesignated
907 1,500 1,000 1,000310-0000-42111 Rental Income
0000 - Undesignated Totals:907 1,500 1,000 1,000
310 - LQ FINANCE AUTHORITY DEBT SERVICE Totals:907 1,500 1,000 1,000
907 1,500 1,000 1,000
907 1,500 1,000 1,000
907 1,500 1,000 1,000
CITY OF LA QUINTA FINANCE AUTHORITY REVENUE FY 2025/26 ADOPTED BUDGET
310 Fund is used to account for the debt service that will be used for the principal and interest payments of the Financing
Authority’s outstanding debt and any related reporting requirements. The 1996 Civic Center Bond was paid off in October
2018, resulting in savings to the General Fund. An annual State Controller’s Report and audit are required.
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2023/24
Actuals
2024/25
Current
2025/26
Proposed
2025/26
Adopted
310 - LQ FINANCE AUTHORITY DEBT SERVICE
0000 - Undesignated
60 - Contract Services
907 1,500 1,000 1,000310-0000-60181 Contract Services Fees
60 - Contract Services Totals:907 1,500 1,000 1,000
0000 - Undesignated Totals:907 1,500 1,000 1,000
310 - LQ FINANCE AUTHORITY DEBT SERVICE Totals:907 1,500 1,000 1,000
907 1,500 1,000 1,000
907 1,500 1,000 1,000
907 1,500 1,000 1,000
907 1,500 1,000 1,000
CITY OF LA QUINTA FINANCE AUTHORITY EXPENSES FY 2025/26 ADOPTED BUDGET
Contract Services Fees: Annual State Controller's report and audit requirement
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