Welcome to the City of Santa Monica Finance Department
The mission of the Finance Department is to provide sound business, financial and risk management support to internal and external customers, ensuring continuation of public services to the residents, visitors and businesses of Santa Monica through the protection of financial resources.
Santa Monica's geographic location and its diversified tax revenue base allows the local economy to weather fluctuations with minimal impact, protecting the City from downturns that impact one or a limited number of sectors of the economy. The City continues its long history of adopting balanced budgets and maintains healthy reserves to protect itself from shock losses. Prudent financial management has earned the City a AAA bond rating since 1995, and clean audits for over 30 years.
Headlines
FY 2016-17 Adopted Budget
- Review the adopted budget information in the June 14, 2016 Budget Staff Report and Meeting Video through the City Clerk's site. You can also view the Gann Calculation.
FY 2016-18 Capital Budget
The City's biennial FY 2016-18 Capital Budget is now available.
Interactive Fees & Rates Website
Search for fees and rates by fee name, category, keyword, or department.
Minimum Wage
Santa Monica's new minimum wage is in effect, as of July 1, 2016! Find resources and learn more at smgov.net/minimumwage.
Transparency
Santa Monica is committed to transparent financial management. View the City's credit ratings, recent financial status updates, and additional financial data.