Apr 22, 2026BoardMeeting
BoardCity of La Verne Finance Commission Finance Commission Meeting
The commission reviewed the 2026 Strategic Plan and the Fiscal Year 2026-27 budget development process, specifically focusing on Measure LV funding priorities. Discussions covered long-term financial sustainability, economic development opportunities, commercial property redevelopment, and strategies for attracting new businesses while maintaining quality of life. The commission provided an advisory recommendation to the City Council to support continued prioritization of Tier 1 Measure LV expenditures and suggested using Tier 2 funds for economic development purposes. Additionally, the commission discussed the formation of the La Verne Community Foundation and upcoming community engagement events.