With City revenues "marginally better than anticipated," the City Council on Tuesday closed out the 2019-20 Fiscal Year budget by using $12 million less in reserves than expected.

Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2020/October-2020/10_28_2020_Funding_Gap_Narrows_as_Council_Closes_Year_End_Budget.html