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City Budget

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City Budget

Preliminary 2020-21 Budget Documents

2020-21 Preliminary Budget

You may peruse the City of Hermosa Beach's complete Preliminary Budget and Capital Improvement Program 2020-21 or select individual sections below. 

The City Manager is required to submit a preliminary budget to the City Council on or before May 15th of each year. Due to the COVID-19 pandemic, City Council extended this date to May 21st for the 2020-21 Budget. One or two public workshops are held in May and June to review the budget and receive public input. One formal public hearing is held in June, prior to budget adoption. 

The City Council must adopt an annual budget, by resolution, on or before June 30 for the coming fiscal year (July 1 – June 30). If the budget is not adopted by that date, the preliminary budget, except for capital outlays, goes into effect until the budget is adopted. 

The budget may be amended during the year as necessary. A Midyear Budget Review is conducted in February, at which time adjustments to revenue estimates and appropriations are made. Expenditures may not exceed appropriations at the fund level. The City Manager may approve transfers of appropriation within funds; transfers of appropriations from one fund to another require City Council approval.

Budgets are adopted for all governmental and proprietary funds on a basis consistent with generally accepted accounting principles.

 The Budget At A Glance summarizes the 2019-20 Adopted Budget.

Fiscal Year 2020-21 Budget - City Council Study Sessions & Adoption

  • June 9, 2020 - Fiscal Year 2020-21 Budget Adoption - Staff Report 
  • June 3, 2020 - Fiscal Year 2020-21 Budget Workshop

Preliminary City Budget Documents by Section