Santa Monica’s upcoming budget picture moves from barely in the black to slighly in the red over the next five year, call it an ash grey to watermelon transition by fiscal year 2027/28.

The Citywide proposed Biennial Budget is $740.9 million in FY 2023-24 and $746.4 million in FY 2024-25 and council will hear an update on its fiscal projections at Tuesday’s meeting.

Read More: https://smdp.com/2023/05/22/proposed-budget-restores-almost-70-positions-to-city-hall/