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 HALL — The economic downturn could force higher parking citations and overdue library book fines in Santa Monica. Those are just some of the measures that city officials have incorporated ...

The city has an annual budget of $700 million and welcomed 4.5 million visitors, spending nearly $1 billion in 2023. Some other recent Bitcoin developments in Santa Monica include firefighters ...

The city of Santa Monica is laying off scores of workers as the pandemic strangles its revenue flow and its mayor warns that other municipalities face a similar crisis. SANTA MONICA, Calif. (KABC ...

SANTA MONICA - Santa Monica will need to tap into $60.5 million in reserves over the next five years to maintain current service levels as the city grapples with lingering economic impacts from ...

Once all the cuts are approved, Santa Monica city staff will release a proposed budget May 26th. A final version must be adopted June 23, ahead of the new fiscal year beginning July 1. BIG PICTURE ...

Santa Monica City Manager Rick Cole resigned Friday, citing divisions over drastic budget cuts as the novel coronavirus decimates the wealthy beach city’s tax revenue. With restaurants, bars and ...

The fiscal belt-tightening comes amid a "lingering economic Downturn," as the City faces "unprecedented legal liabilities" and labor negotiations with its 11 bargaining units, according to Interim ...

By embracing Bitcoin, Santa Monica hopes to replicate some of this success. The city has an annual budget of $700 million and welcomed 4.5 million visitors, spending nearly $1 billion in 2023.