Financial & Operational Reports, Budget, and Policy

Annual Reports

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

Financial Reserves Policy

• Financial Reserves Policy - April 2023

FY 2023-24 and 2024-25 Proposed Budgets

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