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Mayor's budget office and controller outline $653M two‑year shortfall; departments told to plan 7.5% reductions
Summary
Ashley Grafenberger (Mayor's Budget Director) and Controller Ben Rosenfield told the committee that the mayor's office projects a two‑year structural shortfall of about $653 million and has instructed departments to submit ongoing reductions equal to 7.5% of adjusted general fund support, with an extra 2.5% contingency.
The Mayor's Budget Office and Controller briefed the Budget and Appropriations Committee on the 5‑year financial plan and upcoming budget instructions on Feb. 17.
Ashley Grafenberger, the Mayor's Budget Director, said the joint 5‑year plan (published in January on December data) projects a two‑year shortfall of approximately $653 million for fiscal 2021–22 and 2022–23. Grafenberger said drivers include delayed revenue recovery, previously agreed MOU wage increases that were only partially funded, and assumed local COVID‑response costs that the administration expects to carry into next year. The plan assumes no new…
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