Financial & Operational Reports, Budget, and Policy

Annual Reports provide a comprehensive look at the health of the utility for the community and stakeholders. It includes audited financial statements and related documents that will detail how the utility has performed.

• Fiscal Year 2021-2022
• Fiscal Year 2020-2021
• Fiscal Year 2019-2020
• Fiscal Year 2018-2019
• Fiscal Year 2017-2018
• Fiscal Year 2016-2017
• Fiscal Year 2015-2016
• Fiscal Year 2014-2015
• Fiscal Year 2013-2014
• Fiscal Year 2012-2013
• Fiscal Year 2011-2012
• Fiscal Year 2010-2011
• Fiscal Year 2009-2010
• Fiscal Year 2008-2009
• Fiscal Year 2007-2008
• Fiscal Year 2006-2007
• Fiscal Year 2005-2006
• Fiscal Year 2004-2005
• Fiscal Year 2003-2004
• Fiscal Year 2002-2003
• Fiscal Year 2001-2002

Operations Reports

The Monthly Operations Report provides valuable insight into the challenges the utility is addressing and the opportunities it is trying to take advantage of on a much more timely and detailed basis than the Annual Report.

• Operations Report - December 2022
• Operations Report - November 2022
• Operations Report - October 2022
• Operations Report - September 2022
• Operations Report - August 2022
• Operations Report - July 2022
  
• Operations Report - June 2022
• Operations Report - April 2022
  

• Financial Reserves Policy - April 2023

At the direction of the Burbank City Council, BWP is proposing its first-time bi-annual budget for Fiscal Years 2023-24 and 2024-25. Budget Presentation and related documents are provided annually to the Utility Board for recommendation to the Burbank City Council.  The website links below will launch Burbank Water and Power’s presentation and supporting documents of its proposed bi-annual operating and capital budget for the Fiscal Years starting July 1, 2023, and ending June 30, 2024; and July 1, 2024, and ending June 30, 2025.

1. Proposed Utility Fiscal Year 2023-24 and 2024-25 Budgets Presentation to the BWP Board from BWP General Manager
2. Memorandum from BWP General Manager
3. Staffing Summary
4. Master Fleet Plan Budget Summary Letter
5. Master Fleet Plan in Summary FY 2023-24
6. Master Fleet Plan in Summary FY 2024-25
7. Master Fleet Plan in Detail
8. Electric Fund Forecast Assumptions
9. Electric Fund Proforma Income Statement - Five Year Forecast
10. Electric Fund Income Statement and Cash Balance
11. Electric Fund Proposed Five Year Capital Plan
12. Electric Fund Agreements & Contracts Listing
13. Water Fund Forecast Assumptions
14. Water Fund Consolidated Proforma Income Statement - Five Year Forecast
15. Water Fund Income Statement and Cash Balance
16. Water Fund Proposed Five Year Capital Plan
17. Water Fund Agreements & Contracts Listing
18. Electric Fund Expense Budget by Division
19. Water Fund Expense Budget
20. MPP Fund Proposed FY 2023-24 and 2024-25 Operating Agent Budget
21. MPP Fund Proposed FY 2023-24 and 2024-25 Expense Budget
22. MPP Fund Proposed Five Year Capital Plan
23. MPP Fund Agreements & Contracts Listing
24. Tieton Fund Proposed FY 2023-24 and 2024-25 Expense Budget
25. Tieton Fund Proposed Five Year Capital Plan
26. Tieton Fund Agreements & Contracts Listing
27. Street Lighting Fund Proposed FY 2023-24 and 2024-25 Budget
28. Street Lighting Fund Proposed FY 2023-24 and 2024-25 Expense Budget
29. Street Lighting Fund Proposed Five Year Capital Plan
30. Communications Fund Proposed FY 2023-24 and 2024-25 Budget
31. Communications Fund Proposed FY 2023-24 and 2024-25 Expense Budget
32. Communications Fund Proposed Five Year Capital Plan
33. Communications Fund Agreements & Contracts Listing
34. Electric Fund Capital Outlay Requests for FY 2023-24
35. Electric Fund Capital Outlay Requests for FY 2024-25
36. Water Fund Capital Outlay Requests for FY 2023-24
37. Water Fund Capital Outlay Requests for FY 2024-25
38. Communications Fund Capital Outlay Requests for FY 2023-24
39. Communications Fund Capital Outlay Requests for FY 2024-25

1. Staffing Summary
2. Master Fleet Plan Budget Summary Letter
3. Master Fleet Plan in Summary
4. Master Fleet Plan in Detail
5. Electric Fund Forecast Assumptions
6. Electric Fund Proforma Income Statement - Five Year Forecast
7. Electric Fund Income Statement and Cash Balance
8. Electric Fund Adopted Five Year Capital Plan
9. Electric Fund Agreements & Contracts Listing
10. Water Fund Forecast Assumptions
11. Water Fund Consolidated Proforma Income Statement - Five Year Forecast
12. Water Fund Income Statement and Cash Balance
13. Water Fund Adopted Five Year Capital Plan
14. Water Fund Agreements & Contracts Listing
15. Electric Fund Expense Budget by Division
16. Water Fund Expense Budget
17. MPP Fund Adopted FY 2022-23 Operating Agent Budget
18. MPP Fund Adopted FY 2022-23 Expense Budget
19. MPP Fund Adopted Five Year Capital Plan
20. MPP Fund Agreements & Contracts Listing
21. Tieton Fund Adopted FY 2022-23 Expense Budget
22. Tieton Fund Adopted Five Year Capital Plan
23. Tieton Fund Agreements & Contracts Listing
24. Street Lighting Fund Adopted FY 2022-23 Budget
25. Street Lighting Fund Adopted FY 2022-23 Expense Budget
26. Street Lighting Fund Adopted Five Year Capital Plan
27. Communications Fund Adopted FY 2022-23 Budget
28. Communications Fund Adopted FY 2022-23 Expense Budget
29. Communications Fund Adopted Five Year Capital Plan
30. Communications Fund Agreements & Contracts Listing
31. Electric Fund Capital Outlay Requests for FY 2022-23
32. Water Fund Capital Outlay Requests for FY 2022-23
33. Communications Fund Capital Outlay Requests for FY 2022-23

FY 2021-22 Adopted Budget

Budget Presentation and related documents are provided annually to the Utility Board for recommendation to the Burbank City Council.  The website links below will launch Burbank Water and Power’s presentation and supporting documents of its adopted operating and capital budget for the Fiscal Year starting July 1, 2021, and ending June 30, 2022.


Utility Fiscal Year 2021-22 Budget Presentation to the BWP Board

Memorandum from BWP General Manager

1. Staffing Summary
2. Master Fleet Plan Budget Summary Letter
3. Master Fleet Plan in Summary
4. Master Fleet Plan in Detail
5. Electric Fund Forecast Assumptions
6. Electric Fund Proforma Income Statement - Five Year Forecast
7. Electric Fund Income Statement and Cash Balance
8. Electric Fund Adopted Five Year Capital Plan
9. Electric Fund Agreements & Contracts Listing
10. Water Fund Forecast Assumptions
11. Water Fund Consolidated Proforma Income Statement - Five Year Forecast
12. Water Fund Income Statement and Cash Balance
13. Water Fund Adopted Five Year Capital Plan
14. Water Fund Agreements & Contracts Listing
15. Electric Fund Expense Budget by Division
16. Water Fund Expense Budget
17. MPP Fund Adopted FY 2021-22 Operating Agent Budget
18. MPP Fund Adopted FY 2021-22 Expense Budget
19. MPP Fund Adopted Five Year Capital Plan
20. MPP Fund Agreements & Contracts Listing
21. Tieton Fund Adopted FY 2021-22 Expense Budget
22. Tieton Fund Adopted Five Year Capital Plan
23. Tieton Fund Agreements & Contracts Listing
24. Street Lighting Fund Adopted FY 2021-22 Budget
25. Street Lighting Fund Adopted FY 2021-22 Expense Budget
26. Street Lighting Fund Adopted Five Year Capital Plan
27. Communications Fund Adopted FY 2021-22 Budget
28. Communications Fund Adopted FY 2021-22 Expense Budget
29. Communications Fund Adopted Five Year Capital Plan
30. Communications Fund Agreements & Contracts Listing
31. Electric Fund Capital Outlay Requests for FY 2021-22
32. Water Fund Capital Outlay Requests for FY 2021-22
33. MPP Fund Capital Outlay Requests for FY 2021-22
34. Tieton Fund Capital Outlay Requests for FY 2021-22
35. Communications Fund Capital Outlay Requests for FY 2021-22

FY 2020-21 Adopted Budget

Budget Presentation and related documents are provided annually to the Burbank City Council and the Utility Board.  The website links below will launch the Burbank Water and Power’s presentation and supporting documents of its adopted operating and capital budgets for the Fiscal Year starting July 1, 2020, and ending June 30, 2021.


Utility Fiscal Year 2020-21 Revised Proposed Budget Presentation to the BWP Board

Memorandum from BWP General Manager

1. Staffing Summary
2. Master Fleet Plan Budget Summary Letter
3. Master Fleet Plan in Summary
4. Master Fleet Plan in Detail
5. Electric Fund Forecast Assumptions
6. Electric Fund Proforma Income Statement - Five Year Forecast
7. Electric Fund Income Statement and Cash Balance
8. Electric Fund Adopted Five Year Capital Plan
9. Electric Fund Agreements & Contracts Listing
10. Water Fund Forecast Assumptions
11. Water Fund Consolidated Proforma Income Statement - Five Year Forecast
12. Water Fund Income Statement and Cash Balance
13. Water Fund Adopted Five Year Capital Plan
14. Water Fund Agreements & Contracts Listing
15. Electric Fund Expense Budget by Division
16. Water Fund Expense Budget
17. MPP Fund Adopted FY 2020-21 Operating Agent Budget
18. MPP Fund Adopted FY 2020-21 Expense Budget
19. MPP Fund Adopted Five Year Capital Plan
20. MPP Fund Agreements & Contracts Listing
21. Tieton Fund Adopted FY 2020-21 Expense Budget
22. Tieton Fund Adopted Five Year Capital Plan
23. Tieton Fund Agreements & Contracts Listing
24. Street Lighting Fund Adopted FY 2020-21 Budget
25. Street Lighting Fund Adopted FY 2020-21 Expense Budget
26. Street Lighting Fund Adopted Five Year Capital Plan
27. Communications Fund Adopted FY 2020-21 Budget
28. Communications Fund Adopted FY 2020-21 Expense Budget
29. Communications Fund Adopted Five Year Capital Plan
30. Communications Fund Agreements & Contracts Listing
31. Tieton Fund Capital Outlay Requests for FY 2020-21
32. Electric Fund Capital Outlay Requests for FY 2020-21
33. Water Fund Capital Outlay Requests for FY 2020-21

FY 2019-20 Adopted Budget

Budget Presentation and related documents are provided annually to the Burbank City Council and the Utility Board.  The website links below will launch the Burbank Water and Power’s presentation and supporting documents of its adopted operating and capital budgets for the Fiscal Year starting July 1, 2019 and ending June 30, 2020.

Utility Fiscal Year 2019-20 Proposed Budget Presentation to BWP Board

1. Staffing Summary
2. Master Fleet Plan Budget Summary Letter
3. Master Fleet Plan in Summary
4. Master Fleet Plan in Detail
5. Electric Fund Forecast Assumptions
6. Electric Fund Proforma Income Statement – Five Year Forecast
7. Electric Fund Income Statement and Cash Balance
8. Electric Fund Adopted Five Year Capital Plan
9. Electric Fund Agreements & Contracts Listing
10. Water Fund Forecast Assumptions
11. Water Fund Consolidated Proforma Income Statement – Five Year Forecast
12. Water Fund Income Statement and Cash Balance
13. Water Fund Adopted Five Year Capital Plan
14. Water Fund Agreements & Contracts Listing
15. Electric Fund Expense Budget by Division
16. Water Fund Expense Budget by Division
17. MPP Adopted FY 2019-20 Operating Agent Budget
18. MPP Adopted FY 2019-20 Expense Budget
19. MPP Adopted FY 2019-20 Five Year Capital Plan
20. MPP Agreements & Contracts Listing
21. Tieton Adopted FY 2019-20 Operating Agent Budget
22. Tieton Agreements & Contracts Listing
23. Street Lighting FY 2019-20 Adopted Budget
24. Street Lighting Expense Budget
25. Street Lighting Adopted Five Year Capital Plan
26. Communications Fund FY 2019-20 Adopted Budget
27. Communications Fund Expense Budget
28. Communications Fund Adopted Five-Year Capital Plan
29. Communications Fund Agreements & Contracts Listing
30. Communication Funds Outlay Requests for FY 2019-20
31. Electric Funds Outlay Requests for FY 2019-20
32. Water Funds Outlay Requests for FY 2019-20

FY 2018-19 Adopted Budget

Budget Presentations and related documents are provided annually to the City Council and public during the budget adoption process. The website links below will launch Burbank Water and Power’s presentation and supporting documents of its proposed operating and capital budgets for the Fiscal Year starting July 1, 2018 and ending June 30, 2019 (the Budget). The Budget was adopted by the Burbank City Council on May 22, 2018.  Of note for this adopted budget is the Burbank voters approval on June 5, 2018 of an amendment to the City of Burbank Charter, commonly known as Measure T, which allows the City of Burbank to transfer up to 7% of gross electric sales to the City of Burbank’s General Fund. This transfer is a continuation of past practice with no additional impact on electric rate payers and the Budget adopted on May 22, 2018 reflects this transfer.  

Utility Fiscal Year 2018-19 Proposed Budget Presentation to City Council

1. Budget Memorandum from General Manager, BWP
2. Staffing Summary
3. Master Fleet Plan Budget Summary Letter
4. Master Fleet Plan in Summary
5. Master Fleet Plan in Detail
6. Electric Fund Forecast Assumptions
7. Electric Fund Proforma Income Statement – Five Year Forecast
8. Electric Fund Income Statement and Cash Balance
9. Electric Fund Adopted Five Year Capital Plan
10. Electric Fund PSA Listing
11. Water Fund Forecast Assumptions
12. Water Fund Consolidated Proforma Income Statement – Five Year Forecast
13. Water Fund Income Statement and Cash Balance
14. Water Fund Adopted Five Year Capital Plan
15. Water Fund PSA Listing
16. Electric Fund Expense Budget by Division
17. Water Fund Expense Budget by Division
18. MPP Adopted FY 2018-19 Operating Agent Budget
19. MPP Adopted FY 2018-19 Expense Budget
20. MPP Adopted FY 2018-19 Five Year Capital Plan
21. MPP PSA Listing
22. Tieton Adopted FY 2018-19 Operating Agent Budget
23. Tieton PSA Listing
24. Street Lighting FY 2018-19 Adopted Budget
25. Street Lighting Expense Budget
26. Street Lighting Adopted Five Year Capital Plan
27. Communications Fund FY 2018-19 Adopted Budget
28. Communications Fund Expense Budget
29. Communications Fund Adopted Five-Year Capital Plan
30. Communications Fund PSA Listing
31. Communication Funds Outlay Requests for FY 2018-19
32. Electric Funds Outlay Requests for FY 2018-19
33. Water Funds Outlay Requests for FY 2018-19

FY 2017-18 Adopted Budget

Budget Presentations are provided annually to the City Council for the approval of the budget. The presentations outline the utility’s operating and capital budgets and plans for the coming fiscal year. The utility’s proposed operating and capital budgets for FY 2017-18 were adopted on June 6, 2017.

1. Budget Memorandum from General Manager, BWP
2. Staffing Summary
3. Master Fleet Plan Budget Summary Letter
4. Master Fleet Plan in Summary
5. Master Fleet Plan in Detail
6. Electric Fund Forecast Assumptions
7. Electric Fund Proforma Income Statement – Five Year Forecast
8. Electric Fund Income Statement and Cash Balance
9. Electric Fund Proposed Five Year Capital Plan
10. Electric Fund PSA Listing
11. Water Fund Forecast Assumptions
12. Water Fund Consolidated Proforma Income Statement – Five Year Forecast
13. Water Fund Income Statement and Cash Balance
14. Water Fund Proposed Five Year Capital Plan
15. Water Fund PSA Listing
16. Electric Fund Expense Budget by Division
17. Water Fund Expense Budget by Division
18. MPP Proposed FY 2017-18 Operating Agent Budget
19. MPP Proposed FY 2017-18 Expense Budget
20. MPP Proposed FY 2017-18 Five Year Capital Plan
21. MPP PSA Listing
22. Tieton Proposed FY 2017-18 Operating Agent Budget
23. Tieton PSA Listing
24. Street Lighting FY 2017-18 Adopted Budget
25. Street Lighting Expense Budget
26. Street Lighting Proposed Five Year Capital Plan
27. Communications Fund FY 2017-18 Adopted Budget
28. Communications Fund Expense Budget
29. Communications Fund Proposed Five-Year Capital Plan
30. Communications Fund PSA Listing
31. Capital Outlay Requests for FY 2017-18

• Fiscal Year 2016-2017 Approved Budget
• Fiscal Year 2015-2016 Approved Budget