BUDGET
IN
BRIEF
Fiscal Year 2024-2025
Norwalk City
Council
Margarita L. Rios
Mayor
Tony Ayala
Vice Mayor
Jennifer Perez
Councilmember
Rick Ramirez
Councilmember
Ana Valencia
Councilmember
Strategic Plan
2023-2025
Goal 3
Create and Sustain a
Resilient and Economically
Prosperous City
Goal 4
Support Sustainability and
Climate Resilience
throughout the
Community
Goal 1
Provide High Quality
Customer Service to the
Community
Goal 2
Work in Partnership
with our Community to
Achieve Safe and Livable
Neighborhoods
N
Norwalk At a Glance
Population
101,172
Median Age:
34 Average Household
Size:
3.87 Median Income:
$83,217
Number of City
Parks:
14 Acres of Open
Space:
98.5 Number of Businesses:
3,670
Public Facilities
9 City Organizational
Chart
Citizens of Norwalk
City Council
Commissions
Successor Agency to
RDA
City Attorney
City Manager
Deputy City Manager
(2)
Administration
Communications &
Public Affairs
Finance
Human Resources
City Clerk
Public Safety
Community
Development
Public Services
Social Services
Transportation
Recreation & Park Services
City Manager’s
Message
To our Norwalk Community,
It is my pleasure to unveil the Fiscal Year 2024-2025 Budget. Here at the City of Norwalk we take great pride in responsibly utilizing public funds to deliver exceptional services and resources to our residents and community members.
Our staff is dedicated to communicating the City’s budget in a transparent and simple manner, which is why we created the “Budget in Brief.” This concise document simplifies the City of Norwalk's budget information, making it easily understandable for all.
Key highlights include:
o Revenues
o General Fund Proposed Expenditures
o Capital Improvement Projects (CIPs)
The Fiscal Year 2024 -2025 Budget includes an investment of over $75.7 million from the General Fund towards programs, services, and resources that further the City Council’s 2023-2025 Strategic Plan goals. The City will continue to move forward with transparency, accountability and improvements to provide a balanced and fiscally solvent budget.
Sincerely,
Jesus Gomez
City Manager
For a more detailed view of the City’s Budget, please visit the City’s website at:
https://www.norwalk.org/city-hall/departments/finance/budget
Annual Budget
Process
JANUARY
BUDGET
PLANNING
The Finance Department
begins preparations for
mid-year adjustments
and upcoming fiscal
year budget.
FEBRUARY
YY
BUDGET PREP
&
MID-YEAR
UPDATE
Mid-Year adjustments
are presented to the City
Council for approval and
departments begin to
prepare.
MARCH
BUDGET
KICK-OFF &
STRATEGIC
PLAN
The City Council
identifies priorities for
the City’s Strategic Plan.
Finance consolidates all
department requests and
determines Personnel
costs.
APRIL
DEPARTMENTAL
MEETINGS
Departments meet and
present their budget
requests to the City’s
Budget Team for
consideration. Prior to
presenting to the City
Council, Budget Tea m
balances the proposed
budget.
MAY &
JUNE
STUDY
SESSIONS &
BUDGET
ADOPTION
The City Council reviews
the proposed budget for
input and questions
from the public .
Following the review, the
final budget is then
approved for adoption
and implemented on
July 1st.
FY 24-25 Budget
Highlights
Recreation
o Various Youth Programs (Youth
Sports and Teen Alliance)
o 13 seasonal special events
Public Safety
o Sheriff’s contract
o Homeless Outreach (HOPE) Team
o School Resource Deputy
o Transportation Center patrols
Social Services
o Senior Nutrition Program
o Mentoring Program for Young
Women & Men
o Emergency Food & Shelter
Program
Community
Development
o Business Attraction Retention &
Expansion Program (B.A.R.E.)
o Economic Development Initiatives
Public Services
o 3 new Capital Improvement Projects
o Maintenance Programs for City’s Water,
Sewer and Stormwater systems
Transit
o 50th Anniversary Event
o Regulatory Plan Updates
o Purchase of 3 electric buses
o Bus Stop Improvements
Revenue Type Total*
General Fund
$75,722,656
Enterprise
Funds
(Water, Sewer Transit)
$41,469,288
Other Funds
(Grants, Restricted
Funds)
$111,511,398
TOTAL $228,703,342
FY 24-25 Revenues
City-Wide
Where the Money Comes From
33%
18%
49%
*Total includes estimated revenues and transfers in
Revenue Source Amount
Property Values
Derived Revenue $26,519,000
Sales & Use Tax $26,088,000
Utility User Tax $5,726,000
Transient
Occupancy Tax $ 1,678,300
Franchise Fee $ 3,962,200
Other General
Revenues
(Includes ARPA)
$6,479,200
Departmental
Revenues $5,269,956
TOTAL $75,722,656
General Fund
Breakdown of General Fund Sources
35%
34%
8%
2%
5%
9% 7%
Function FY 24 Budget
General
Government $15,527,968
Debt Service $1,476,394
Public Safety $26,316,203
Public Services $16,190,827
Social Services $4,202,161
Community
Development $5,071,497
Recreation &
Park Services $6,940,518
TOTAL $75,725,569
FY 24-25 General Fund
Operating Budget
Where the Money Goes
20%
2%
35%
22%
6%
7%
9%
Expenditure Type FY 24 Budget
Personnel Cost 36,314,222
L.A. County
Sheriff’s Contract 18,431,430
Debt Service 1,476,394
Contract
Services 10,497,113
Utilities 4,018,800
Other
Operating Costs 4,982,610
TOTAL $75,720,569
FY 24-25 General Fund
Budget Breakdown
How We Use the Money
48%
24%
2%
14%
5%
7%
FY 24-25 Capital
Improvement Projects
Project Category # of Projects Amount
Street Projects 21 $36,385,131
Traffic
Improvements 14 $16,115,916
Park Improvements 13 $15,960,170
Water Projects 6 $10,215,399
Sewer Projects 6 $2,177,536
Storm Water &
Environmental 2 $20,254,513
Facilities & Misc.
Improvements 17 $33,607,169
TOTAL 79 $134,715,834