Burbank’s Budget Reflects Slack in Redevelopment
The Burbank City Council has approved a $239.8-million city budget for the coming fiscal year.
The budget appropriates 4.2% less money than last year’s, mainly because of scaled-down redevelopment activity, according to Sandi Henricks, the city’s budget administrator.
The budget includes $36 million for the redevelopment department, down from $59.1 million last year when officials anticipated large expenses for the Towncenter shopping mall. That project fell through, however, and much of the money was not spent.
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