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Santa Barbara's Budget Crisis Deepens
Published 9 hours ago
Description
Santa Barbara’s budget is in deep trouble, facing a $14.6 million shortfall that’s being patched with unsustainable emergency funds—enough to take until 2040 to rebuild reserves. Council members warned last year, but their concerns went unheeded. The real fix? Fiscal discipline, smarter spending, infrastructure investment, and creating conditions for business growth—before it’s too late.
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