Manhattan Beach introduces balanced budget

Manhattan Beach Financial Director Bruce Moe introduced a balanced operating budget for the upcoming fiscal year to the City Council on Tuesday, with a projected $252,691 surplus in the $53 million general fund. “The city continues to see overall economic stability and advancement,” City Manager Dave Carmany noted in his budget message. Property tax revenues, the city’s largest revenue source, are slowly improving and sales tax revenues are growing with consumer confidence. In the pr