Santa Monica City Council is set to cut the city’s budget by up to 25% as coronavirus decimates the hospitality and retail sectors that generate most of its tax revenue.
City Council will discuss the budget Tuesday afternoon after meeting two weeks ago to restore $6.4 million in funding to programs that city staff had proposed eliminating. Under the proposed budget, all city departments except the Santa Monica Police Department and Santa Monica Fire Department would see significant funding cuts, which city staff say are needed to avoid a $224 million budget deficit over the next two years.
Read More: https://www.smdp.com/santa-monica-city-council-to-discuss-cutting-annual-budget-by-192-million/192763