Budget
Annual Budget for Fiscal Year 2024
On June 22, 2023, the Long Beach Board of Utilities Commissioners adopted the Fiscal Year 2024 Budget and Rates and Capital Improvement Program, which covers the 12 months from October 2023 through September 2024 for water, natural gas and sewer operations.
The Board hosted four public meetings to discuss the budget on May 17, May 25, June 8 and June 22. You can view the presentations and audio/video from the budget workshops below.
The adopted budget includes a 9 percent increase to water rates. A public hearing on the proposed rate increase was held on Tuesday, Aug. 29, 2023, at 7 p.m. at the Long Beach Utilities headquarters, 1800 E. Wardlow Road.
In September, the budget went to the Long Beach City Council for formal review and adoption.
Click to view board meeting and agenda information
Fiscal Year 2024 Budget Summary(PDF, 1MB)
Fiscal Year 2024 Budget Process
Fiscal Year 2023 Budget Process
Fiscal Year 2022 Budget Process
Archived Annual Budget Summaries
Budget Summary Fiscal Year 2023(PDF, 6MB)
Budget Summary Final Year 2022(PDF, 524KB)
Budget Summary Final Year 2021(PDF, 1MB)
Budget Summary Fiscal Year 2020(PDF, 9MB)
Budget Summary Fiscal Year 2019(PDF, 355KB)
Budget Summary Fiscal Year 2018(PDF, 288KB)
Budget Summary Fiscal Year 2017(PDF, 158KB)
Budget Summary Fiscal Year 2016(PDF, 158KB)
Budget Summary Fiscal Year 2015(PDF, 165KB)
Budget Summary Fiscal Year 2014(PDF, 148KB)