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Santa Monica
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FY 2026-27 budget and capital improvement program

Santa Monica

Summary

The city projects its first structurally balanced budget through the realignment plan — new ambulance, digital signage and parking revenue — plus expiration of the $12 million joint use agreement with the school district in 2027. The $109.8 million CIP funds Memorial Park expansion, playgrounds, streetlights, Library renovations and Olympic readiness.

At a glance

Total mentions
2
Last 30 days
1

Last discussed May 26, 2026.

Impact analysis

💰Financial impact

$109.8M capital budget year one; fee changes add $2.1M citywide including $1.5M to the general fund; school district joint-use funding of $12M comes off the books in 2027.

✅Who benefits

Residents through restored parks, streetlights, library upgrades and safer streets; park swimmers and small businesses may face some fee changes.

⚠️Who could be affected

Swim program users oppose the adult aquatics permit fee increase; school district programs could lose $12M in joint-use funding after 2027 without a parcel tax or replacement funding.

Mentions & discussions (4)

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