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HomeMy WebLinkAboutMeasure G - Perlim Q4 2025MEASURE G - QUARTERLY REPORT 16,465,001 20,571,291 21,747,218FY 2024-25 Planned Costs FY 2024-25 YTD Actuals FY 2024-25 Projections General Project Overview Five Year - Estimated Revenue The City of Palm Desert has made significant progress in implementing its Five-year Spending Plan for Measure G, approved by voters in November 2024. The City remains committed to enhancing public safety, infrastructure, and community services through the strategic allocation of Measure G funds. 4,000,000 P R O J E C T E D R E V E N U E F Y 2 0 2 4 -2 5 - Y E A R 1 Prelim Q4, 2025 Measure G is a one-cent sales tax approved by Palm Desert voters in November 2024 to provide ongoing funding for essential city services through the City’s General Fund. The tax went into effect on April 1, 2025, and is expected to generate revenue that will support vital community priorities such as public safety, infrastructure improvements, street and facility maintenance, and other locally funded services. Sales tax revenue is collected by the State of California and distributed to cities on a quarterly basis. Importantly, 100% of the funds generated by Measure G will go directly to the City of Palm Desert to be reinvested in the community. To ensure transparency and accountability, this report on Measure G revenue will be presented to the City’s Finance Committee each quarter for review. 1 MEASURE G - QUARTERLY REPORT $4,000,000 P R O J E C T E D R E V E N U E F Y 2 0 2 4 -2 5 - Y E A R 1 Notes Initiatives that show FY 2024-25 YTD Actuals, with no Measure G funds allocated, are being funded with other available city resources at this time. Perlim Q4, 2025 2 In Progress 77.8% Completed 11.1% As Needed 11.1% Initiative Status