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City budget squeezed by state property tax shift and rising pension costs

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daytime Fire Department personnel and increased salaries for police officers.

The city’s $5 million annual budget is primarily based on property taxes, which have increased in recent years. But the state now takes a larger portion of property taxes so less money makes it into city coffers, Gillison said.

Additionally, contributions to the California Public Employees Retirement System have increased by more than $1 million in the past two years, he said. Make room in the pool

Originally published in the Santa Monica Daily Press print edition on December 13, 2005. Read the original PDF.

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