FINANCIAL
SERVICES
Fiscal Year 2025-26
Proposed Budget
Discussion Papers
May 20, 2025
1 General Fund 5-Year Forecast
(in millions)
2 Ending GF
Balance: $21.0 $17.7
$263.5
$273.3
$284.2
$296.2
$307.4
$262.4
$275.7
$286.2
$298.5
$307.6
$200
$220
$240
$260
$280
$300
$320
$340
2025-26 2026-27 2027-28 2028-29 2029-30
Revenue Expenses
Balance/
(Deficit): $1.0 ($2.4) ($2.0) ($2.4) ($0.2) 3 Discussion Paper Summary
1 Held in abeyance pending resolution of potential conflict of interest. 2 Item currently budgeted - no fiscal impact
3 Information only
No. Dept. Subject Recurring One-Time
1 CDD Citywide Outdoor Dining in Private Parking Lots $250,000 2 CDD Economic Impact Report on Increasing Minimum Wage and Establishing an Enforcement Unit $100,000
3 CDD Expanded Program for Renter Relocation Assistance for Special Households1 $550,000
4 CDD Funding Options for Soft-Story Seismic Retrofit $500,000 5 CDD Program for Rental Unit Data Collection1 $200,000 6 CDD Request for Funding for Homeless Programs and Services $507,091 $76,000 7 FD Consideration of Expanded Fire Department Staffing Models2 $1,600,000 8 IT City of Burbank Enterprise Resource Planning (ERP) Project2 $1,202,469 9 BWP Estimate for Implementation of a Green Business Certification Program in the City of Burbank $66,720 - $150,000
10 FN Federal Grants3
11 LB Job Connect Plus Program $87,500
Totals: up to $657,091 $4,565,969
General Fund 5-Year Forecast
Including Discussion Papers (in millions)
4 $263.5
$273.3
$284.2
$296.2
$307.4
$262.9
$276.2
$286.7
$299.0
$308.2
$200
$220
$240
$260
$280
$300
$320
$340
2025-26 2026-27 2027-28 2028-29 2029-30
Revenue Expenses
Balance/
(Deficit): $0.5 ($2.9) ($2.5) ($2.9) ($0.7) Ending GF
Balance: $18.6 $14.4
Budget Presentation Schedule
FY 2025-26
5 May 6: Citywide Overview, General Fund, Burbank Water and Power Funds, Public Works Enterprise Funds,
Non-General Funds
May 20: Capital Improvement Program (CIP),
Discussion Papers
June 3: Public Hearing and Adoption of Citywide
Budget and Fee Schedule
6 Questions?
Jennifer Becker
Financial Services Director
(818) 238-5500
[email protected]