Shutdown Reserve News Today

Council readies to adopt community priorities for budget planning Mar. 12, 2021 at 6:00 am Santa Monica City Council is set to gather this Saturday for a rare weekend meeting where it’s expected to adopt the community priorities that will guide its coming budget process, and the community is invited to participate. The meeting will begin at 1:30 p.m. and will pertain to the development of Santa Monica’s Fiscal Years 2021-2023 Biennial Budget, which provides an important opportunity for city...

City projects economic woes to last several years Jan. 22, 2021 at 6:00 am The City of Santa Monica continues to lose money due to the ongoing pandemic and officials predict the economy won’t recover until 2025. Council will hear a mid-year budget report at its Tuesday meeting with additional details on continued efforts to keep the city afloat including reprioritizing spending and anticipated help from the new Biden administration. At the start of the pandemic, the city made a series of adju...