Adopted Budget for Fiscal Year 2024 for the City of Santa Barbara
On June 13, 2023, the City of Santa Barbara adopted its operating and capital budget for Fiscal Years (FY) 2024, as required by the City Charter. The FY2024 budget is comprised of all City funds, including the General Fund, special revenue funds, and enterprise funds. Each fund accounts for distinct and uniquely funded operations. The FY2024 Adopted Budget of approximately $667 Million will fund community services and implement many capital improvement projects.
"Our City and its resilient residents have navigated through exceptionally demanding economic circumstances, including the impact of COVID, inflation, and the escalating costs of goods and services. Despite these challenges, through sound fiscal management and a range of hard choices, we have enacted a responsible budget that maintains service levels and makes needed investments for our community. The invaluable contribution of public input has been vital to this final budget, and we remain dedicated to actively seeking your input on ways to continue maintaining essential services in Santa Barbara," said Rebecca Bjork, City Administrator.
The adopted budget for FY2024 can be accessed on the online budget tool at www.SantaBarbaraCA.gov/budget-reports. The budget tool will be updated within the next few weeks to reflect the final actions taken by the City Council. The budget tool brings greater transparency of the City’s finances.