IE Business Daily Business news for the Inland Empire.
Moreno Valley Mayor Yxstian Gutierrez delivered the annual state of the city address Wednesday, declaring the city is as strong as it’s been since it incorporated in 1984.
In his first address as the city’s directly elected mayor, Gutierrez noted that approximately 14,000 jobs have been created in Moreno Valley during the past four years, and that the city’s revenue continues to grow, according to a statement.
He also declared that the city’s budget has been balanced for six straight years and that Moreno Valley was recently ranked among the most fiscally stable cities in the nation by The Fiscal Times, an online news site that reports primarily on budget issues, healthcare, taxes and the national debt.“
“We are focusing on economic development,” Gutierrez was quoted as saying. “We’re modernizing infrastructure. We’re enhancing public safety. We’re expanding library services. We are engaging residents and businesses to enhance quality of life. And we are investing in the key to our bright future – our young people.”
This year’s event, which was presented in partnership with the Moreno Valley Chamber of Commerce, included videos from Moreno Valley residents and business owners who have benefited from city’s services, according to the statement.
