Burbank City Council Meeting - October 27, 2026

The Burbank City Council’s joint meeting with the successor agency and related authorities on October 27, 2026, began with employee service awards and recognition of the 2026 firefighter, police officer, and employee of the year. Public comment addressed housing, transit and the proposed Media District specific plan, airport-worker safety, and community issues. The city manager also announced that Measure C would ask voters to increase the hotel tax from 10% to 12%, potentially generating about $3 million annually for city services; no action on the measure was taken at this meeting.

The Council approved an update to the city’s investment policy, including formal transaction-size guidance, investment exclusions, ESG screening provisions, and updated liquidity requirements; the transcript does not preserve the complete vote tally. The Council also received a review of the $757 million investment portfolio. That report noted a $100,000 city investment in a Burbank-Glendale-Pasadena Airport Authority bond yielding 4.4%, part of a 2024 bond issuance financing the terminal relocation project, including a new terminal and public parking garage. This was discussed as a portfolio investment, not a city procurement or contract award; no procurement activity was identified.