FY 2014-15 Final Annual Budget
At its meeting on June 17, 2014, the Chico City Council adopted the Fiscal Year 2014-15 Final Annual Budget and the Capital Improvement Program for Fiscal Years 2013-14 through 2023-24. Throughout the ensuing fiscal year, this budget may be adjusted with approved Supplemental Appropriations (adds funding) and/or Budget Modifications (moves existing funding between accounts).
Capital Improvement Program Budget
The Capital Improvement Program (CIP) is a 10-year expenditure plan for the purchase or construction of capital improvements or equipment, and City programs. The CIP contains two summary-level reports: Capital Summary Sorted by Project and Capital Summary sorted by Fund, as well as individual detail pages for each Capital Project. These pages include a project description, a summary of expenditures, and the funding source(s). The CIP is updated each year as part of the Annual Budget process.
Successor Agency Budget
Effective February 1, 2012, the former Chico Redevelopment Agency was dissolved, per Assembly Bill 1X26. The Chico Successor Agency was formed to wind down the affairs of the former Redevelopment Agency.