News Release

City of Irvine
Public Information Office

1 Civic Center Plaza
Irvine, CA 92606



Public Information Office

Long-term Financial Planning and Transparency

This month, the City Council will consider a significant change to how Irvine prepares and approves its budget. The City’s first-ever two-year budget, developed in the context of a comprehensive five-year financial plan, will be before the City Council at its November 27 meeting. A first review will be before the Finance Commission at its November 5 meeting; the Commission also is expected to provide input to planned Community Budget Workshop locations scheduled for early in 2019. Click here for the November 5 Staff Report.

City Council approval of a two-year budget cycle would build on the recent Irvine Sunshine Ordinance, which promotes transparency by giving the public an agenda notice of 12 days – four times the minimum amount of time required by California law.

Two-year budgets and five-year financial planning bring more accountability to government spending. This reform, if adopted, would strengthen the City’s already renowned record in providing top quality services to more than 275,000 constituents while maintaining a strong financial position.