City of Monrovia
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On November 5, 2019, residents of Monrovia voted to approve Measure K, the Keep Monrovia Revenues Local Sales Tax Measure. Measure K ensures new sales tax revenues stay in Monrovia and are reinvested into our community. The new sales tax went into effect on April 1, 2020.
Measure K Funds at Work
Measure K funds are put towards projects that align with the Monrovia City Council's goals of Financial Management, Infrastructure, Customer Service and Relationships.
Below is a listing of Measure K Revenues, Expenditures, and Fund Balances.
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MEASURE K REVENUES, EXPENDITURES, AND FUND BALANCES |
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|---|---|---|---|
| Fiscal Year | Revenues* | Expenditures | Fund Balance |
| FY 2019-20 Actuals | $890,851 | $0 | $890,851 |
| FY 2020-21 Actuals | $6,153,709 | $1,319,918 | $5,724,642 |
| FY 2021-22 Actuals | $6,384,327 | $1,105,811 | $11,003,158 |
| FY 2022-23 Actuals | $6,899,694 | $1,001,670 | $16,901,182 |
| FY 2023-24 Budget | $6,902,226 | $0 | $23,803,408 |
| FY 2024-25 Budget | $6,986,527 | $0 | $30,789,935 |
*Includes interest earnings
So far, the Monrovia City Council has only approved the following expenditures.
| Approved Projects Funded by Measure K | |||
|---|---|---|---|
| One Time Projects: $159,666 | Increasing Financial Reserves: $3,200,000 | Batting Cages: $20,000 | ADA Transition Plan: $105,250 |
| Total: $3,484,916 | |||
Measure K Community Outreach
Residents, along with in-town business owners, were encouraged to share their spending suggestions for the new sales tax revenue received from Measure K. On February 1, 2022, the spending suggestions were presented to the Monrovia City Council.
Measure K Financial Policy
On February 7, 2023, the City Council reviewed and adopted the Measure K Financial Policy. The City Council did make a change to the Preamble and added Policy VII to ensure the Council would review its spending plan at least twice annually.
2021 Measure K Presentation @ Community Meetings
In an effort to update the community with information related to Measure K, the City presented at the following community meetings:
| October 12, 7 p.m. | Community Services Commission |
| October 13, 7:30 p.m. | Planning Commission |
| October 19, 9:30 a.m. | MOTAB |
| October 19, 4 p.m. | Chamber of Commerce – Executive Board |
| October 21, 12 p.m. | Monrovia Kiwanis Club |
| October 25, 7 p.m. | Community Media of the Foothills |
| October 27, 12 p.m. | Chamber of Commerce – Board of Directors |
| October 27, 7:30 p.m. | Historic Preservation Commission |
| October 28, 7 p.m. | Library Board |
| November 1, 7:30 a.m. | Monrovia Coordinating Council |
| November 3, 12 p.m. | Monrovia Reads |
| November 4, 8 a.m. | Monrovia Providers Group |
| November 9, 12 p.m. | Rotary Club of Monrovia |
| November 13, 1 p.m. | Community Meeting @ Station Square Park |
| November 15, 6:30 p.m. | Monrovia Public Library Foundation |
| November 20, 11 a.m. | MAP-edu Community Meeting |
| December 4, 1 p.m. | Community Meeting @ Library Park |
| December 11, 1 p.m. | Community Meeting @ Station Square Park |