Action Apartments Association, Inc.

Facebook Twitter RSS

  • Home
  • Across The Bridge! SM a.r.t.

Across The Bridge! SM a.r.t.

04/24/2020 7:59 AM | Margaret Fulton (Administrator)

While our lives have slowed, the wheels of city government accelerate towards a cataclysmic collision with the 2020-2021 Santa Monica city budget on June 30, 2020. Our general revenue shows a steep decline during this time of international crisis. The vast majority of our sales and bed tax revenues are gone. The projected shortfall through the end of the budget year is $72 Million. The city’s chief finance officer predicts a $154 Million shortfall during the following fiscal year, which begins on July 1. Massive cuts are needed and will affect the services you receive from the City of Santa Monica.

Whether the budget cuts are temporary or permanent will depend upon soul searching by the city council, the interim city manager and department heads, the unions that represent municipal workers, and each of you.

Read More: https://smmirror.com/2020/04/across-the-bridge/


Copyright ©2025 ACTION Apartment Association, Inc.

Equal Opportunity Housing
Powered by Wild Apricot Membership Software