City Financials/Budget 

Biennial City Operating Budget

Budget in Brief – The FY 2025-27 Budget in Brief has been prepared to provide an overview of the City's biennial adopted budget information in a user-friendly and manageable format for the public to read, which builds on the City's commitment to fiscal stewardship and transparency.

View the Budget in Brief

Adopted Budget – Brea City Council approved a budget for fiscal year 2025-26 and 2026-27 following staff presentations and public hearings at their meeting held on June 17, 2025 City Council Meeting. Click here to view the meeting presentation.

The following budgets were presented:

  • FY 2025-27 General Fund Operating Budget
  • Successor Agency to the Brea Redevelopment Agency Operating Budget
  • Brea Public Financing Authority Budget
  • Seven-Year Capital Improvement Program (CIP) Budget

View the Adopted FY 2025-27 Operating Budget

CIP Budget

Various funding sources are used to meet public works needs. These are carefully planned and closely monitored through Brea’s Proposed 7-Year Comprehensive CIP Budget.

Annual Comprehensive Financial Report (ACFR)

The city produces the ACFR on an annual basis. This report contains Brea’s audited financial statements and a statistical section, as well as management’s discussion and analysis of the fiscal year reported. The ACFR contains more information than standard audited financial statements. The report is subject to review by the city’s auditors to insure that it is prepared in accordance with generally accepted accounting principles and that the amounts and disclosures are fairly presented in all material respects. The City Council annually receives and files the ACFR.

The city participates in the annual financial statement award program sponsored by the Government Finance Officers Association. Brea has won many awards for its presentation of the ACFR.

Annual CFD Financial Reports

Brea has six CFDs. Annually, special taxes are levied and collected to pay for the annual costs associated with these CFDs. There are two bonded CFDs in which the special taxes are used to make payments related to bonds that were issued for the benefit of the CFD. There are four non-bonded (public) services CFDs in which special taxes are used to pay the annual public safety and maintenance costs associated with the CFDs.

Per Government Code Sections 50075.3 (Report on Special Taxes) and 53411 (Report on Bonded Proceeds), view the Annual Financial Reports for Community Facilities District for fiscal year 2023-24.

Comprehensive User Fee Study

Periodically the City conducts a Comprehensive User Fee Study, to identify costs associated with providing non tax-supported services (user fees and charges) based upon an identified Cost Allocation Plan (CAP). The purpose of the study is to ensure the City identifies all costs associated with activities, including overheads, to determine the true costs of providing various City services including development related costs.  

A User Fee is a charge for service provided by a governmental agency to the public. Several laws such as Propositions 4, 13, 26 and 218 set parameters related to when user fees can be established and administered by local government. The City's user fees are typically reviewed and updated biennially as part of the budget adoption process. Additionally, the City User Fees schedule may be amended throughout the year to account for changes in service or programming. Changes to the City's User Fees are done through adoption at a City Council meeting during a public hearing.

On Tuesday, December 16, 2025, at 7:00 p.m., the City of Brea will be hosting a public hearing at a regularly scheduled City Council meeting, or soon thereafter, to hear testimonials. All interested persons are invited to attend said hearing to express opinions on the matter. Further information may be obtained by accessing the City Council Agenda.

Comprehensive User Fee Study – prepared by Willdan Financial Services