US EditionCouncil Passes 2025-2027 City Budget
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Council Passes 2025-2027 City Budget
On June 10th, the Irvine City Council passed a balanced two-year operations budget to guide some $298 million in spending in 2025-26 (beginning July 1st) and $312 million in 2026-27. The Council also approved a reserve fund of $66 million, which is roughly 22% of the operations budget — well above the minimum recommended in state guidelines for cities. “If there is an economic downturn, as I and others expect, we’re ready for it,” said Mayor La…
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