Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Commission hears city five-year financial plan and approves Department of the Environment's draft FY15'16 budget
Summary
The Mayor's office presented the city's five-year financial plan projecting a $15.9M shortfall in FY2016 and a cumulative $88.3M shortfall by FY2017; the Commission approved the Department of the Environment's preliminary FY15'16 budget after public comment about impound account compliance.
The Commission on the Environment heard an overview of the City and County of San Francisco's five-year financial plan from the Mayor's Office on Jan. 27 and approved the Department of the Environment's preliminary FY15-16 budget for submission to the Mayor's Office.
Kelli Kirkpatrick, a fiscal analyst in the Mayor's Office of Public Policy and Finance, summarized the December five-year financial plan and its key findings: projected general-fund shortfalls and drivers. Kirkpatrick said the plan projects a $15,900,000 shortfall in fiscal year 2015-16 and a cumulative shortfall of $88,300,000 in fiscal year 2016-17. She noted that while revenues continue to grow, expenditure growth (including salary-and-benefit increases, investments in new…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
