By City Manager Ken Striplin
As we move through the budget process for Fiscal Year 2025/26, our focus remains clear—fiscal responsibility, long-term stability and protecting the quality of life our residents have come to expect. While we remain committed to excellence in service delivery and forward-looking planning, the economic landscape we face is increasingly unpredictable. Inflationary pressures, shifting consumer trends and global financial instability are all top of mind as we evaluate new spending commitments.
In response, our approach this fiscal year is guided by the same conservative budget principles that have defined Santa Clarita’s financial strategy since our incorporation in 1987. That philosophy—one rooted in prudent forecasting, disciplined spending and a refusal to overextend—has helped us weather economic downturns in the past, and it will continue to serve us well in the face of today’s challenges.
While we are proud of the robust services and infrastructure investments we’ve been able to provide year after year, we are mindful that sustainability is key. This conservative approach has allowed us to consistently deliver on-time, balanced budgets for nearly four decades. It’s also why we continue to maintain healthy emergency reserves and hold the highest AAA credit rating from S&P Global Ratings—a mark of trust that reflects our unwavering commitment to sound fiscal management.
As we develop the FY 2025/26 budget, we are carefully evaluating every program and project, ensuring we protect core services like public safety, maintain our parks, roads and infrastructure, and deliver on the promises laid out in our Santa Clarita 2025 Strategic Plan. At the same time, we are ensuring that we don’t compromise our financial health for short-term gains.
We’re excited about the multiple projects currently underway that will enhance the quality of life for residents across our Valley. Among these are the much-anticipated Rink Sports Pavilion at the George A. Caravalho Sports Complex and the transfer of William S. Hart Park from Los Angeles County to the City—a move that will ensure localized care of this historic space. We’re also completing key upgrades at David March Park and Old Orchard Park, as well as bringing the new River of Lights experience to Central Park.
Looking ahead, the next few years will bring even more enhancements to our community. This includes the construction of new roads, the addition of several new parks—such as a state-of-the-art bike park in Haskell Canyon—and the launch of City programs designed to meet the evolving needs of our residents. Through it all, our organization remains committed to delivering exceptional service.
We’re proud to be moving these initiatives forward while maintaining a balanced budget and a healthy 20-percent reserve fund. This continued progress is only possible because of our conservative and responsible approach to managing public funds.
For more information on the City’s budget process and the next budget presentation, visit SantaClarita.gov.
Ken Striplin is the City Manager for the City of Santa Clarita and can be reached at kstriplin@santaclarita.gov.
