In a recent government meeting, discussions centered around addressing a projected budget shortfall, with a particular focus on securing philanthropic support to bridge the funding gap. Director Hsu confirmed ongoing conversations with philanthropic partners, emphasizing the need for additional funding, particularly for initiatives aimed at combating food insecurity.
Supervisors urged the director and the mayor's office to act swiftly in seeking these funds, highlighting the urgency of the situation. The resolution proposed aims to ensure a proactive approach in addressing the financial challenges ahead, with expectations for a unanimous vote.
Supervisor Chan acknowledged the complexities of managing a substantial budget of $15.88 billion, noting that approximately $6.83 billion of this is allocated to the general fund. Chan stressed the importance of prioritizing investments in children and families, while also recognizing the necessity of making difficult decisions regarding budget cuts to restore funding to the Department of Children, Youth, and Their Families (DCYF).
The meeting concluded with a commitment from the supervisors to work collaboratively with Director Hsu to identify the funding gaps and explore potential solutions in the coming weeks. The emphasis on a values-driven budget reflects the city's commitment to supporting its most vulnerable populations amidst financial constraints.