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 operating and capital budget for the second year of the plan is adopted the following year, as part of the Mid-Cycle Budget Review, and is referred to as the mid-cycle budget.
The City Council adopted the Fiscal Year 2012 Budget on June 21, 2011. The budget document is currently being finalized for print and online posting. It will be available on the City's website by July 31, 2011.
View a Summary of Revenues and Expenditures for Fiscal Year 2012.