Financial reserves
ARE EQUIVALENT TO
15%
of the annual operating and
revenue-supported capital budget.
Diverse revenue sources
  • Local Taxes: 65%
  • Fines/Licenses/Permits: 16%
  • Charges for Services: 12%
  • Investments/Rents: 4%
  • Other: 3%
Santa Monica's AAA rating helps keep the cost of borrowing low - as Santa Monica is a safe investment.
Buy
Local
Campaign
ENCOURAGES LOCAL SHOPPING, REDUCES TRAVEL,
AND INCREASES LOCAL TAX REVENUE
854
SANTA MONICA BUSINESSES
PARTICIPATED IN THE
BUY LOCAL CAMPAIGN.
$ 1,560,000
In savings
100% of City Departments' electricity is clean power, compared to traditional SCE power which resulted in a savings of $2.56 million compared to $1.56 the year prior.