SAN FRANCISCO (KRON) – Oakland is not the only city in the Bay Area with a substantial budget deficiency. San Francisco Mayor London Breed has actually informed city divisions that San Francisco encounters a budget deficiency of $876 million over the following 2 years, and substantial cuts will certainly require to be made.

District 1 Supervisor Connie Chan, that chairs the city’s budget and money board, claims San Francisco has actually been investing even more cash than it makes as expenditures raise and earnings decrease or remain level.

“All across the board, we now see a significant decrease of business tax revenue for San Francisco,” she stated. 

In her budget directions, the mayor has actually recommended divisions to establish recurring irreversible costs decreases of 15%, however Chan claims across-the-board cuts are not possible.

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“The police departments right now, we all know it’s been short-staffed, so to expect them to decrease their budget by 15% and potentially even a hiring freeze, we know that’s not acceptable for our public safety agencies like the police department,” she stated. 

The mayor additionally recommended the opportunity of a working with freeze, however Chan thinks that need to be for supervisors just. The mayor additionally recommends an evaluation of all agreements with outdoors firms that supply solutions. Chan thinks that’s a great concept

“We need to look at some of the grant contracts and some of the current existing contracts if they’re not producing results,” Chan stated. “We need to realistically, by either terminate them or reduce the dollar amount of spending, and that’s roughly more than a billion dollars annually for the city, and that is really where we need to start first.”

Mayor Breed and mayor-elect Daniel Lurie were not offered for meetings. Lurie sent out the adhering to declaration:

“The budget deficit is a crisis that we must face head-on, and it will require us to make difficult decisions. We can’t simply cut our way out of this nor can we balance the budget on the backs of working people. We need to stop spending more than we can afford while prioritizing investments that are critical to a full economic recovery and the maintenance of essential services.”

https://www.kron4.com/news/bay-area/san-francisco-leaders-take-on-876-million-budget-shortfall/