Proposed Equity Adjustments Raise Questions Amid Budgetary Concerns

According to the Santa Monica City salary schedule, the Assistant City Manager currently, as of July 31, 2023, makes $256,632.00 annually, which means that the Assistant City Manager would be getting an equity adjustment of $92,304 each year going forward, which is roughly a 36% increase. 

The Deputy City Manager currently makes $183,228.00 annually, and the equity adjustment for this position is $90,348 each year going forward. This would be a 49% increase annually. 

Read More: https://smmirror.com/2024/02/during-lean-times-for-the-city-certain-staff-members-slated-to-get-hefty-raises/