In January 2026, the City of Sierra Madre received the final report of the Ad Hoc Revenue Committee, a resident-led advisory group convened to review the City’s financial position, revenue sources, and expenditure patterns.

The Committee’s work spanned approximately one year and included public meetings and committee-only meetings to review City financial data in coordination with City staff.

Report Overview

Based on forecasts prepared by the City and UFI Financial Solutions and reviewed by the Committee, the report states that the City is financially solvent and able to maintain current service levels without a new tax, barring any unforeseen catastrophic event requiring significant expenditures.

The report also notes that current revenue projections do not support accelerated capital improvements or expanded services without identifying additional funding sources.

Key Recommendations

The report outlines the following recommendations to support long-term financial planning, including:

• Continuing conservative fiscal management practices
• Implementing the Fire Department’s proposed Basic Life Support (BLS) Program
• Modernizing financial software and budgeting processes
• Improving transparency around service levels and long-term fiscal planning

How the Report Will Be Used

The report will inform future budget discussions, financial planning, and policy considerations. City leadership will review the findings and recommendations as part of ongoing efforts to maintain fiscal stability and transparency.

Download the Report
• Ad Hoc Revenue Committee Final Report (PDF)