Budgets & Financial Transparency


The City Council makes financial planning a strategic goal each year. The budget process for the city is a year-round activity. Revenues and expenditures are analyzed and tracked each month in preparation for developing the Municipal Budget, which the City Council adopts each June.

FY 22-23 Budget Documents

FY22-23 Proposed Budget Document(PDF, 24MB)

FY22-23 Proposed Budget Presentation(PDF, 1MB)

To view previous year budgets, click here.

Annual Comprehensive Financial Report (ACFR)

Each year, the city produces the annual ACFR. The report is intended to provide city officials and the general public with a complete and comprehensive view of the City’s financial activity, condition, and performance at the close of the fiscal year. The ACFR is reviewed by an independent auditor to ensure accuracy in reporting and that the report was prepared in accordance with generally accepted accounting principles.

The current and previous year’s ACFRs can be accessed here:

Financial Policy

Each year the city adopts an investment policy(PDF, 1MB) as required by California Government Code Section 53646. The adopted policy authorizes a conservative approach to city investments, both long term and short term, and authorizes only those investments provided for in the State Government Code.

Transparency

The city takes every opportunity to provide the public with budget and financial information. In addition, there are several services that provide online graphical representation of city finances. The California State Controller’s Office offers a free tool to track revenues, expenditures and other financial data for all California cities. You can also compare the City of South Gate to other cities in the state online. Also on the State Controller’s site is an area where you can view public employee salaries.