Page 4 - Moreno Valley 2025 Citizens Guide to the Budget
P. 4

The City of Moreno Valley


                                     BALANCES BUDGET




                                      Despite State and Local Pressures





























        Moreno Valley has approved a two-year balanced budget i   Through  diligent  financial  management,  the  City  will
        May of 2 2 . Despite continued takeaways of local funds by  continue  to  focus  on  financial  stability  and  community
        the State and increased costs for services provided by  quality  of  life,  despite  state  and  federal  policies  that
        Riverside County, the budget is fully balanced. It represents  potentially  affect  the  funding  Moreno  Valley  and  other
        ongoing investments in the City’s future while maintaining  California cities receive.
        the   award-winning   sound   fiscal   stewardship   and
        conservative  legal  safeguards,  which  have  marked  Moreno  While  the  continued  State  takeaways  and  cost  increases
        Valley as one of the most fiscally fit cities in the Nation.  imposed by the County can limit the City’s ongoing ability to
                                                               sustain services and programs, the current budget effectively
        The  adopted  General  Fund  budget  for  2025/26  totals  preserves services that are high priorities for Moreno Valley
         204.2 million and the overall budget exceeds $        residents.
        million. The spending plan includes $55.8 million in capital
        improvements to ensure the repair and replacement of aging
        local infrastructure within our current financial capabilities.

        This budget is based on the principles of Momentum MoVal,
        a strategic plan developed by the City Council to ensure that
        community  priorities  are  reflected  in  planning  decisions.
        The City will continue active outreach to assess community
        priorities into the future. While Moreno Valley’s fiscal
        position remains strong, the City is keeping a watchful
        eye on areas of concern such as the potential for slower
        economic growth and increased costs for public safety
        services provided by Riverside County. As  the  City  continues
        to add residents, infrastructure, and services, needs will
        also grow as new facilities and roadways are constructed to
        meet community needs.
        To view our budget and other financial documents,
        visit: www.moval.org/budget
        Upon request, this news release will be made available in appropriate alternative formats to persons with disabilities, in compliance with the Americans with Disabilities Act of 1990. Any person with a disability who requires a modification or accommodation
        in order to participate in this meeting should direct such requests to the ADA Coordinator at 951.413.3350 or adacoordinator@moval.org at least 72 hours before the meeting. The 72-hour notification will enable the City to make reasonable arrangements to
        ensure accessibility to this meeting.
        Citizens’ Guide | 4
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