On November 27, 1984, the City Council adopted Resolution No. 84-182, approving the concept of a two-year budget cycle for the City of Santa Barbara. Pursuant to this resolution, the City Council approves a two-year financial plan at the beginning of each two-year cycle; and consistent with City Charter requirements, the City Council adopts an operating and capital budget each year.
As such, the adopted two-year financial plan includes the operating and capital budget for the first year of the two-year plan. The adopted operating and capital budget for the second year of the plan is adopted separately the following year and is referred to as the mid-cycle budget.
The City Council adopted the Fiscal Year 2003 Mid-Cycle Operating and Capital Budget on June 25, 2002. The adopted budget document is available for viewing and printing from the link below.
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