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City Council Approved Balanced FY 15 Annual Budget

City Council Approved Balanced FY 15 Annual Budget

 PASADENA FY 2015 OPERATING BUDGET ADOPTED BY CITY COUNCIL JUNE 16, 2014   

PASADENA, Calif.—The Pasadena City Council unanimously approved a balanced Fiscal Year 2015 Annual Budget Monday, June 16, 2014 during its regularly scheduled meeting, capping a series of public meetings and hearings held since mid-May on the City’s finances. 

Information about the FY 15 Recommended Budget is posted on the City’s website at www.cityofpasadena.net/Finance/2015-Recommended-Budget. 

The FY 15 Annual Budget of approximately $675.2 million includes about $209.5 million in the General Fund to help pay for police and fire services, parks and other public programs and services that support Pasadena’s outstanding quality of life and public safety. 

The newly approved budget represents a slight decrease from the adopted FY 14 Budget of $677.5 million.  For FY 15, about $72.3 million of the annual spending plan was authorized May 12 as part of the City’s Capital Improvement Program budget dedicated to improving and investing in the City’s key infrastructure, streets, public buildings and water and power projects. 

The FY 15 budget includes appropriations for 16 City departments with about 2,170 full- and part-time employees, the Mayor and City Council offices, the Successor Agency to the Pasadena Community Development Commission, as well as the City’s three operating companies—Rose Bowl Operating Company, Pasadena Center Operating Company and Pasadena Community Access Corporation. 

The Council and its Finance Committee began holding meetings and receiving public input May 12 on the FY 15 Annual Budget.  Public hearings were held at City Hall May 12, May 19, June 2 and June 9 and June 16 with special joint meetings of the Finance Committee and the City Council.  

All of the public hearings on the budget were broadcast live this year on KPAS, the City’s cable access TV station, seen on Channel 3 and Channel 182 for Charter subscribers and Channel 99 for AT&T U-verse subscribers.  The meetings were also streamed live on the City’s website, www.cityofpasadena.net/Media, and on KPAS at www.pasadenamedia.tv.  The videos are now archived on the City website for on-demand viewing. 

Stay connected to the City of Pasadena! Visit us online at www.cityofpasadena.net; follow us on Twitter @PasadenaGov, www.twitter.com/pasadenagov, and like us on Facebook at www.facebook.com/cityofpasadena. Or call the Citizen Service Center, 8 a.m. to 5 p.m., Monday through Friday, at (626) 744-7311. 

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FOR IMMEDIATE RELEASE: June 17, 2014  #052-14 

NEWS MEDIA CONTACT: William H. Boyer, Pasadena Public Information Officer, City Manager’s Office, (626) 744-4755, wboyer@cityofpasadena.net 

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Posted: 6/17/2014 12:00:00 PM