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LADWP presents $9.29 billion preliminary budget emphasizing reliability, renewable expansion and IT upgrades
Summary
LADWP executives presented a preliminary $9.29 billion budget for FY 2025-26 to the budget committee, with major capital spending for power reliability, renewable integration, water main replacements and enterprise IT investments; the presentation included a planned $227.9 million city transfer.
Los Angeles Department of Water and Power executives presented the utility's preliminary fiscal year 2025-26 budget to the City Budget and Finance Committee on May 2, outlining roughly $9.29 billion in appropriations with major capital and operating investments across power and water systems.
Why this matters: LADWP runs the citys water and power systems and funds operations primarily through rates and enterprise revenues. The departments capital and operating plans influence city infrastructure reliability, resilience planning (including LA100 goals), rate-setting, and the city's fiscal position because LADWP makes a sizable annual transfer to the city.
Key figures and priorities: LADWP reported approximately $9.29 billion in preliminary appropriations and roughly 12,803 funded positions in its staffing plan. For power, the department identified $6.66 billion to support power-system…
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