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Cerritos Faces $10.6 Million Deficit as City Warns Financial Model Is Unsustainable

By Brian Hews Publisher | Follow X June 19, 2026 Proposed budget includes $153 million in spending, $143 million in revenue and significant capital improvement costs. CERRITOS — The Cerritos City Council will hold a June 22 public hearing to consider the Fiscal Year 2026-27 budget, facing a projected $10.6 million total budget deficit and an increasingly uncertain financial outlook. For decades, Cerritos enjoyed a reputation as one of Southern C…
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loscerritosnews.net broke the news on Friday, June 19, 2026.
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