City of Irvine - Fiscal Year 2023-25 Adopted Budget

REVENUE & EXPENDITURE ASSUMPTIONS

CONTRACT SERVICES

The City of Irvine contracts with vendors to provide services to the City, such as specialized consulting, legal, financial, landscape and facility maintenance, and program support services provided on a contract basis. The Budget reflects an in-depth review of contracts by staff and adjustments for contractual agreements. Increases to contract costs are primarily due to State mandated prevailing and/or minimum wage increases and the inclusion of additional City infrastructure (streets, trees, community centers, signalized intersections, bike trails, etc.) into the City’s inventory.

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FY 2023-25 Adopted Budget

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