Mission Statement The Budget and Finance Department provides financial management services with integrity and accountability while improving service levels, managing costs, and leveraging information across City departments.
News On June 14, 2016, the Glendale City Council approved a fiscal year 2016-17 budget of $693 million and it shows a positive outlook for the city. Glendale is benefiting from increased sales tax revenues, the effects of implementing a new set of fiscal policies for spending and the impact of improved bond ratings this year, including acknowledgement from Moody’s Investors Service for “prudent” budget management. “Every good budget has to start with having a good budget philosophy and the residents of Glendale can feel confident that this budget shows we are on track with our goal of having a $50 million unrestricted general fund balance by Fiscal Year 2019-20,” said City Manager Kevin Phelps. The city has gone from a financial crisis three years ago to financial stability, turning a projected $30 million annual deficit in the general fund into a $ 1 million surplus.
The new Glendale city budget includes:
No property tax increase
Significant investment in street and road infrastructure improvements
Additional full-time positions for police and fire departments, which will enhance response times and service levels
Additional resources for faster project approval, which will increase jobs and business opportunities
The 2016-17 balanced budget outlines an operating budget of $391.0 million, a capital improvement budget of $194.4 million, a debt service budget of $73.8 million and a contingency appropriation of $33.8 million. The total revenue budget is $537.7 million and a total transfer budget of $ 120.2 million. Glendale’s budget is prepared each fiscal year, which begins July 1 and ends June 30. To see the budget in detail, click here.
Accounting provides accurate and timely financial information and analysis to all internal and external customers.
Tax and License provides customer service which ensures compliance in the privilege (sales) tax and licensing areas.
Interested in Doing Business with Glendale? Have you ever considered doing business with the city of Glendale? It takes a wide variety of products and services to keep our city running. There are universal needs that any organization requires plus needs specific and unique to individual city departments. The city provides general information and guidance for businesses in determining opportunities for doing business with the city. Click here to learn more>>
Budgets and Comprehensive Annual Financial Reports (CAFR)
The debt management plan of the city is an analysis of the City’s overall debt structure. This is a plan that is updated on an annual basis and provides City Council and Management with valuable information for planning purposes. Click here to download the Debt Management Plan (pdf).