The Pasadena City Council unanimously approved a balanced Fiscal Year 2015 Annual Budget June 16, 2014, 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.
All public hearings on the budget were broadcast live 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 streamed 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.
Look for more in-depth coverage of the City’s finances in a future issue of Pasadena in Focus.