Santa Monica Budget

FY 2025-27 Proposed Biennial Budget 

On May 27, 2025, the City Council will be presented with and will conduct a budget study session on the FY 2025-27 Proposed Biennial Budget.  The budget focuses on community priorities of clean streets and safe neighborhoods in Santa Monica, economic opportunity and growth, and affordable, livable and secure housing for all. The proposed budget is $789.9 million in FY 2025-26 and $825.5 million in FY 2026-27. To see a copy of the FY 2025-27 Proposed Biennial Budget, click here.

To help inform the development of the FY 2025-27 Proposed Biennial Budget, staff undertook an engagement process to help our community better understand the City’s financial position, assess the quality of city services, and seek input. Watch the recording of the virtual community meeting here. View the PowerPoint presentation here. The results of the community input were presented to Council on March 8, 2025.

Santa Monica has biennial operating and capital budgets, and publishes an addendum during the second year, also called the exception-based budget year. The cycles are staggered to provide staff time to focus on budget preparation. All other reports are annual.  

The Public Works Department develops and manages Santa Monica's Capital Improvement Program (CIP) Budget. For Capital budget questions, please contact Public Works.  

To access budget and financial report documents from years before FY 2004-05, please contact the City Clerk's Office.

• FY 2025-27 Proposed Biennial Budget
• FY 2024-25 Adopted Operating Budget Addendum
• FY 2024-26 Adopted Capital Improvement Program Budget
  

• FY 2023-24 Annual Comprehensive Financial Report
• FY 2023-25 Adopted Operating Budget
• FY 2023-25 Adopted Operating Budget - Line Item Detail
• FY 2023-25 Adopted Capital Improvement Program Budget Addendum

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• FY 2022-23 Adopted Operating Budget Addendum
• FY 2022-24 Adopted Capital Improvement Program Budget

• FY 2021-23 Adopted Operating Budget
• FY 2021-23 Adopted Operating Budget - Line Item Detail
• FY 2021-23 Adopted Capital Improvement Program Budget Addendum