Published : Monday, June 17, 2019 | 5:32 AM
Pasadena’s City Council is expected to adopt the City’s operating budget for fiscal year 2020 during Monday’s regular meeting, after multiple public hearings and adjustments made on the proposed budget over the past several weeks.
The budget, estimated at $872.5 million, represents the City’s financial plan for 2020 and “furthers the City’s mission to deliver exemplary municipal services responsive to the Pasadena community and consistent with the City’s history, culture, and unique character,” a staff by the Pasadena Department of Finance said.
In addition to the anticipated operating revenues and expenses, the recommended 2020 Budget includes appropriations for the 2020-2024 Capital Improvement Plan (CIP) and the City’s affiliated agencies, such as the Rose Bowl Operating Company, Pasadena Center Operating Company, and the Pasadena Community Access Corporation.
Apart from adopting the budget, the City Council is also expected to adopt a resolution determining the amount to be transferred from the City’s Light and Power Fund to the General Fund, which should be 10 percent of gross revenues from retail sales for fiscal year 2020.
Since April 29, the City’s Finance Committee and the full City Council have conducted six joint meetings to present, discuss and review the recommended operating and CIP budgets for the various City departments and affiliated agencies. The pubic posed many questions and requests for additional information during the budget hearings, and Finance Department staff provided written responses at the meeting on June 12.
During the public hearing process, the Department of Public Health adjusted its original submission and increased its recommended revenues by $368,919. It also recommended increasing the total Full-Time Equivalents (FTEs) in the Public Health Fund by 3.25 FTEs, including three new, limited-term positions, and an additional 0.25 FTE to make the Deputy Director of Public Health position whole at 1.0 FTE.
Regarding the amount to be transferred from the City’s Light and Power Fund to the General Fund, staff is recommending transfer of a combined amount equal to 10 percent of estimated gross revenues, equivalent to $17,388,144.
The public hearing on the operating budget and Capital Improvement Program budget will be around 7 p.m. Monday.
Meetings of the City Council are held at the City Council Chambers, Room S249 at City Hall.
Monday’s meeting opens to the public at 6:30 p.m.