2020-21 Annual Report

Financial & Operational Reports, Budget, and Policy

All Financial and Operational reports are available below. Reports are in PDF format and require Adobe Acrobat Reader.

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BURBANK WATER AND POWER  ADOPTED FISCAL YEAR 2024/25 BUDGET CITY COUNCIL ADOPTION HELD ON JUNE 4, 2024

Burbank Water and Power (BWP) proposed its first-ever bi-annual budget for Fiscal Years 2023-24 and 2024-25 in May 2023 to the Burbank City Council. This proposed budget included BWP’s annual operating and capital budget for the Fiscal Year starting July 1, 2023, and ending June 30, 2024, and two years (Fiscal Years 2023-24 and 2024-25) of recommended rate increases for the electric and water funds. The City Council adopted the annual operating and capital budget for Fiscal Year 2023-24 on June 13, 2023; and Fiscal Years 2023-24 and 2024-25, electric fund rate increases of 8.5% and 8.0%, respectively, and water fund rate increases of 9% for both fiscal years on June 6, 2023.

At the direction of the Burbank City Council, BWP proposed its annual operating and capital budget for Fiscal Year 2024-25. Budget Presentation and related documents are provided annually to the Utility Board for recommendation to the Burbank City Council. The Burbank City Council adopted the BWP Board-recommended FY 2024-25 BWP Budget on June 4, 2024. The website links below will launch BWP’s presentation and supporting documents of its adopted annual operating and capital budget for the Fiscal Year starting July 1, 2024, and ending June 30, 2025.

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