At the June 17 Brea City Council meeting, the City Council held a Public Hearing regarding the City's budgets. At that meeting the Council approved the Fiscal Year (FY) 2019-20 five operating budgets, along with the Capital Improvement Program Budget. The approved FY 2019-20 City Operating Funds totals $101 million, including the General Fund Operating Budget.
General Fund Budget
The General Fund Budget is the financial plan for the City of Brea for the fiscal year, which began July 1, 2019. The revenues are budgeted at $55.5 million in revenues and $55.3 million in budgeted expenditures. The General Fund Budget is used to support such City services as police, fire and parks, as well as planning, community development and administrative support services. Brea currently maintains a reserve balance of 25% of its annual expenditures.
Capital Improvement Program (CIP)