Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Supervisors Hear Mayor—s $15.9B Budget as Officials Warn of Structural Deficit
Summary
Mayor—s proposed two-year budget totals $15.9 billion in FY24-25, with a $6.9 billion general fund and heavy reliance on one-time funds and reserves to close a roughly $789 million gap; the controller cautioned a persistent structural deficit of about $800 million and urged future difficult choices.
Chair Supervisor Connie Chan convened the Budget and Appropriation Committee on June 12 to review the mayor—s proposed interim and two-year budgets. Mayor—s Budget Director Anna Dooney told the committee the proposed FY24-25 budget totals $15.9 billion, including a general fund of about $6.9 billion and targeted investments in employee wages and homelessness services.
The presentation and follow-up analysis from City Controller Greg Wagner focused on the plan—s heavy use of one-time solutions. Dooney said the mayor—s proposal balances a roughly $789 million gap using a mix of…
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
