Proposed 2021-22 & 2022-23 Budget Document (PDF)

FY 2021-22 & 2022-23 Proposed Budget Overview

The proposed budget for fiscal years 2021-22 and 2022-23 reflects the strength of the local economy emerging from the COVID-19 pandemic with a positive economic outlook given the extent of fiscal stimulus funding and level of pent-up consumer demand. The budgets for the two fiscal years are balanced with significant community investments made possible by projected General Fund revenues.

Budget Synopsis - The budget document offers a comprehensive plan and approach for the delivery of municipal services. It is the legal authority for the commitment of financial resources for providing municipal services within Grover Beach. The Grover Beach City Council will have a public hearing on the proposed Fiscal Year 2021-22 & 2022-23 Budget on June 14, 2021. 

Overall, the proposed General Fund budget for FY 2021-22 will be balanced with revenues of $18.8 million and expenditures of $18.7 million for a surplus of approximately $137,000. The projected budget for FY 2022-23 is also balanced with revenues of $18.8 million and expenditures of $18.3 million for a surplus of approximately $487,000. The two-year budget is anticipated to produce ending reserves of approximately 32% of operating expenditures in FY 2021-22 and 36% in FY 2022-23 compared with the Council’s reserve goal of 25% to provide sufficient reserves for emergencies or unforeseen events. Anticipated budget surpluses in future years are projected to add to these reserves over time.

Table of Contents (PDF)

Adopted 2020-21 Budget Document (PDF)

FY 2020-21 Budget Overview

The adopted budget for fiscal year 2020-21 reflects the significant financial changes from the COVID-19 pandemic in contrast to the General Fund financial forecast presented to the Council on February 18, 2020. The earlier forecast indicated a solid financial position for the City with strong revenue growth leading to modest budget surpluses and reserves of approximately 35% of expenditures for the foreseeable future.

Budget Synopsis - The budget document offers a comprehensive plan and approach for the delivery of municipal services. It is the legal authority for the commitment of financial resources for providing municipal services within Grover Beach. The Grover Beach City Council adopted the Fiscal Year 2021 Budget on June 22, 2020. (Amendments to the budget are adopted as needed by the City Council.)

The Operating Budget for Fiscal Year 2020-21 (July 1, 2020 to June 30, 2021) totals $38,837,074 including transfers. The budget includes $12,663,389 in the General Fund, $5,269,830 in Enterprise Funds, $4,394,655 in Special Revenue Funds, and $8,509,200 in Capital Improvements.

Table of Contents (PDF)

Adopted 2019-20 Budget Document (PDF)
(A printed copy of the budget document is available during regular business hours at the customer service counter at City Hall.)

Budget Synopsis - The budget document offers a comprehensive plan and approach for the delivery of municipal services. It is the legal authority for the commitment of financial resources for providing municipal services within Grover Beach. The Grover Beach City Council adopted the Fiscal Year 2020 Budget on June 17, 2019. (Amendments to the budget are adopted as needed by the City Council.)

The Operating Budget for Fiscal Year 20 (July 1, 2019 to June 30, 2020) totals $28,562,797 including transfers. The budget includes $12,348,624 in the General Fund, $4,440,560 in Enterprise Funds, $1,514,174 in Special Revenue Funds, and $10,259,439 in Capital Improvements.

Table of Contents (PDF)

Adopted 2019-20 Budget Document (PDF)
Budget Synopsis - The budget document offers a comprehensive plan and approach for the delivery of municipal services. It is the legal authority for the commitment of financial resources for providing municipal services within Grover Beach. The Grover Beach City Council adopted the FY 19 Budget on June 19, 2018. (Amendments to the budget are adopted as needed by the City Council.)
The Operating Budget for FY 19 (July 1, 2018 - June 30, 2019) totals $35,469,196 including transfers. The budget includes $11,410,250 in the General Fund, $6,310,572 in Enterprise Funds, $1,682,095 in Special Revenue Funds, and $16,066,279 in Capital Improvements.