Laguna Beach’s Unexpected Revenues Help Relieve Budget Pressures

A view of The Coast Inn from Main Beach in Laguna Beach, Calif., on Oct. 15, 2020. John Fredricks/The Epoch Times

Laguna Beach is reporting better-than-anticipated revenues in its latest budget update, although it warns that its finances will continue to suffer throughout the next fiscal year.

During its Feb. 23 financial briefing, the city reported that “major revenues are doing better than forecasted.”