While the recession dealt Burbank some economic blows, the 101-year-old city's financial health is stable — sales tax revenues are rising and new infrastructure projects are on the horizon, Burbank Mayor Dave Golonski said Wednesday during the annual State of the City address.
The event — hosted by the Burbank Chamber of Commerce at the Marriott Burbank Airport Hotel — as a very public send-off for outgoing City Manager Mike Flad, whose last day is Friday as he prepares to take the top post in South Gate.
Flad received a standing ovation for his two decades of service, into which Golonski said Flad “poured his heart and soul.”
Since the economic recession, Burbank's had to make budget cuts, but Golonski said the city's financial health is bouncing back.
He touted the Media City — home to Walt Disney Studios, Warner Bros., ABC and NBC studios, which together employ nearly 20,000 — as an efficient and easy place to do business. Burbank's has seen 100 new retailers, restaurants and offices open this past year, according to city officials.