Santa Monica City Council unanimously approved the City’s FY 2020-21 proposed budget and biennial FY 2020-22 capital improvement program budget. The operating budget is $613.6 million and reflects an organizational restructuring, a reduction to the operational budget by nearly 25% in response to the impacts of the novel coronavirus (COVID-19) and includes measures to close a projected $224 million budget deficit through FY 2021-22.  

Read More: https://www.santamonica.gov/press/2020/06/24/santa-monica-council-adopts-fy-2020-21-operating-budget-and-fy-2020-22-capital-improvement-program-budget