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Controller reports $32.7 million midyear improvement; departments show mixed surpluses and shortfalls

San Francisco Board of Supervisors Budget and Appropriations Committee · February 16, 2022
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Controller staff told the committee the six-month review shows a $32.7 million improvement in the projected year-end balance, with surpluses in public health and human services partly offset by projected shortfalls in police, fire and workers' compensation.

Michelle Laersma of the Controller's Office presented the six-month budget status review and said staff now project a $32,700,000 increase in the current-year projected ending balance compared with the prior forecast. Laersma attributed gains to stronger-than-expected property transfer-tax receipts and improved concession revenue at the airport, and said some of those…

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